Business

Time for Oil Buyers to Form a Cartel to Checkmate OPEC

Reading Time: 4 minutesOil cartel OPEC has been holding the world to ransom by manipulating supplies so that the buyers pay a price that can sustain the extravagant life of their rulers and citizens for endless time. The whole world has been suffering because they happen to possess a resource without which human progress in its present form […]

Facebook in Trouble it phoned up a Decade Ago: Situation Has Got a Lot Trickier for Zuckerberg

Reading Time: 4 minutesThe clean-cut CEO of Facebook, social media where friends serenade friends and get high on ‘likes’, was just getting over the profligacy of Cambridge Analytica when the NYT comes out with this report that Facebook had parted with extensive user information to phone makers, from Apple to Samsung to Blackberry, a total of 60 device […]

Petro Product Prices at Historic High: Demand Growth, Iran Sanctions to Blame

Reading Time: 4 minutesOPEC members cut down production by over 1.5 million barrels per day. Coming on top of that, the Trump decision to walk off Iran deal and impose sanctions, which mean that anyone having a deal with the Iranians will be ostracised and penalised by the US, is acting on global buyers from concluding fresh supply […]

India Doing Well in Industrial Production: But, Not Enough to Catch Up with Leaders

Reading Time: 4 minutesThe country has emerged as one of the world’s top producers of steel, mobile phones, electricity, and automobile. It mentioned that India was the world’s second-largest steel and mobile phone makers, third largest electricity generator, and fourth biggest automobile manufacturer. Incidentally, India is also the world’s second-largest cement producer, fourth-biggest coal miner, and fifth largest […]

Xi-Modi Plan Joint Project in Afghanistan: Trump May Get a Kick Out of Happenings in Asia

Reading Time: 4 minutesIndia and China have resolved to build “an economic project” in Afghanistan where Donald Trump is stuck with the Taliban and the ISIS and Afghan warlords; not to speak of the Haqqani Network. Above all, Pakistan. The tea that Xi and Modi drank stiffed talk that this was just an informal meeting and that Modi […]

Modi and Xi Need to Focus on Trade Issues

Reading Time: 5 minutesIndia and China can no longer remain cut away from each other on the great divide of the mighty Himalaya. A cursory glance at geopolitical theatres of the absurd would demonstrate how fragile relationships are shaping up. Here’s an analysis, for Different Truths.  India’s Prime Minister Narendra Modi and China’s President in perpetuity Xi Jinping […]

Despite High Reserves, External Sector of India is Vulnerable

Reading Time: 4 minutesThere are warning bells already as India’s trade deficit remained very high. This made the balance of payments situation vulnerable and it was time government became conscious of it and carried out big-ticket exports reforms as this is the right time to push exports with global trade looking up and expected to clock over 4.5 […]

Less Prospects of a Full-Fledged Global Trade War: China Moderates Opposition to Trump Tariffs

Reading Time: 4 minutesThe Chinese had, in fact, stated that “politeness demands that China comes out with measures in response to unilateral US announcements of tariffs.” The pitch was further hyped by the US President imposing later rounds of imposts on $100 billion imports into the US, over and above those he had announced earlier. One expected that […]

China has Lessons to Learn from US-Japan Trade Tiff: India Could Benefit from Shift in Chinese Policy

Reading Time: 4 minutesTo circumvent the trade war, China should increase its overseas investment in low-cost countries and re-route its exports to the USA. India can become a preferred destination for Chinese investment. For the past few years, China has emerged as a big-ticket investor in India, despite security concerns. In 2015, Chinese investment in India leapfrogged eight […]

Free Trade Agreement between India and China is a Distinct Possibility

Reading Time: 4 minutesSince 2014, President Xi Jinping and PM Narendra Modi have met on several occasions. Zhong Shan said they had decided that the two countries would build a closer partnership in development and deepen cooperation in all areas. With the care and support of the Chinese and Indian leaders, the trade and economic ties between the […]