India’s central bank expects GDP to grow 7% in fiscal year 2024-2025
By IAR Desk New Delhi, May 3, 2024: India’s GDP growth rate is expected to
Trade & Economy
S&P Global Upgrades India’s Sovereign Rating Outlook
S&P Global revised India’s sovereign outlook from ‘stable’ to ‘positive’ on Wednesday, citing confidence in
Reuters: Taliban plan regional energy trade hub with Russian oil in mind
Kazakhstan’s trade ministry said in a statement to Reuters that it wanted to develop roads and a railway through Afghanistan to connect with South Asia and the Gulf, with the hub serving as an important logistics point.
De-dollarisation trend: India and Nigeria for early settlement of Local Currency Settlement System Agreement
Nigeria is a major partner- the second largest trading partner of India in Africa region
From US Bonds to Gold: China makes a switchover
According to financial market portal FX Street.com, China has begun selling U.S. bonds. According to
Can India become an economic superpower? Here’s what the data says.
India enjoys healthy relations with most major economies and is aggressively wooing large companies to set up factories in the country
India becomes Russia’s second largest trade partner
By IAR Desk According to Russia’s RIA Novosti, India has become the second largest trade
World Bank Projects Indian Economy Growth at 7.5% In 2024
The Indian economy is projected to grow at 7.5% in 2024, the World Bank has
Impact on commodities due to chaos in the Red Sea
According to shipping data provider AXSMarine, the number of tankers in the Suez canal fell over 50% in the week starting Jan. 15 compared to the previous week.
Iranian oil is quietly flooding into the global market again
The vast majority is flowing to China, as the world’s biggest importer scoops up cut-price barrels from the Islamic Republic.