Britain voted to end its 43-year old association with the European Union in a landmark referendum on Thursday. The country voted 52%-48% in favour of ‘Leave’ to become the first member state to exit the 28-nation European Union. Nigel Farage, leader of the eurosceptic UK Independence party called for June[Read More…]
The NDA government is seeking the opinion of the railway ministry on scrapping presentation of the annual Railway Budget. In a 20-page note to the Prime Minister’s Office, Niti Aayog argued the exercise has failed to come of any use to the sector and has become a “mechanism to announce[Read More…]
Due to the surge of investments in the first four months of 2016, India remains in the top ten countries attracting foreign funds, according to the United Nations Conference for Trade and Development’s new World Investment Report 2016. In 2015, India reached a high of $44 billion in foreign direct[Read More…]
After getting his way with Reserve Bank of India governor Raghuram Rajan, BJP leader Subramanian Swamy is going after chief economic advisor Arvind Subramanian. “Sack him!!!” read his tweet this morning. Who said to US Cong on 13/3/13 the US should act against India to defend US Pharmaceuticals interests? Arvind[Read More…]
Union commerce minister Nirmala Sitharaman assured the government is tracking the developments of Britain’s referendum, scheduled on June 23, to leave the European Union. She said it will have a bearing on India’s trade with the European Union and the UK—currently, 15% of India’s imports are from the EU. With[Read More…]
