Tag: India
The 14th BRICS Summit, a virtual gathering hosted by China that finished on Saturday, focused on measures to increase the group's influence on the world arena while also fostering sustainable infrastructure development in the area. One takeaway from this is that BRICS might defuse the frozen border issues between India and China.
Earlier, GreatGameIndia reported how a Black Swan event could trigger $100 billion capital outflows from India. Now, we see that India's biggest ever IPO of LIC has incurred a loss of over $18 billion.
India will host the G20 summit in Jammu and Kashmir in 2023 and will assume the G20 presidency on December 1, 2022.
Since the high of the indexes in October 2021, the markets have fallen by almost 17%. Taking the current volatile situation into consideration, a black swan event might just trigger $100 billion capital outflows from India, warns the RBI.
The James Beard Foundation Awards on Monday awarded a North Carolina-based Indian eatery named Chai Pani America's Most Outstanding Restaurant after being voted the best restaurant in the US.
Due to severe disruptions in global food supplies as a result of the Russia-Ukraine conflict, the UAE has banned exports of Indian wheat and is working to ensure domestic supply.
With oil and energy becoming a major source of worry for billions of people as 2022 drags on, India has positioned itself in quite a nice situation. This is predicated on the fact that Russia has become India's second largest oil supplier.
According to a new report, atleast 8,000 super rich Indians are expected to migrate out of the country this year owing to a multitude of reasons.
A new trade route between Russia, Iran, and India will shift the existing geopolitical order by lowering transit times and charges and will make it very difficult to keep these countries locked away and duly sanctioned by the West.
A combination of underlying international power shifts, with China and Russia at odds with the United States and the West, has placed India in a favorable position to reap the benefits making India the biggest winner of the Ukraine war.
