It would seem that India along with other Asian countries like Vietnam has benefited from manufacturers moving out of China. China’s productive capacity is starting to slip away when compared to India.
India restated its steadfast stance on the Ukraine issue on Monday, emphasizing communication and diplomacy between the sides. As a result, the West has unleashed an information war against India for its stance on Ukraine.
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
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.
