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Economy

Russia Moves Closer To Become World’s 2nd Biggest Oil Producer! Will India & China Pay More For Crude?

Russia is reportedly considering a major oil-sector shakeup by merging three of its largest oil companies: state-backed Rosneft and Gazprom Neft (the country’s third-largest...

BRICS Allies ‘Trash’ China’s BRI! After India, Brazil Pours ‘Cold Water’ On Beijing’s Ambitious Project

Ahead of Chinese President Xi Jinping's Brazil visit on November 20, Brasilia has junked China's Belt and Road Initiative (BRI), becoming the second BRICS...

Only Twice Since The 1990s – Defense Firms Make A ‘Killing’ At The Stock Markets Fueled By Ukraine War, Europe Militarization

The war in Ukraine has come as a bonus for defense companies as they register a 17 percentage point in dollar terms since early...

India Gives ‘Massive Boost’ To Defense Modernization, But Earmarks Small Allocation To Military Budget

India's Modi government has given a big push to defense modernization but the country's overall military budget has seen a negligible increase of 1.48%...

Indian Economy Has The Inherent Ability To Bounce Back Quickly, Latest IMF Data & 2008 Crisis Are Ample Proof

Unlike many developed nations, the beauty of the Indian economy lies in its ability to rebound very quickly, irrespective of the political dispensation in...