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European Union announces $8 billion package of aid for Egypt

European Union announces $8 billion package of aid for Egypt

Sun, Mar 17, 2024

The deal is scheduled to be signed during a visit by European Commission president Ursula von der Leyen and the leaders of Belgium, Italy, Austria, Cyprus and Greece, according to Egyptian officials.

India, EFTA ink free trade agreement

India, EFTA ink free trade agreement

Sun, Mar 10, 2024

The agreement has 14 chapters, including trade in goods, rules of origin, intellectual property rights (IPRs), trade in services, investment promotion and cooperation, government procurement, technical barriers to trade and trade facilitation.

Russia diamond producer Alrosa's annual net profit drops 15.2%

Russia diamond producer Alrosa's annual net profit drops 15.2%

Wed, Feb 28, 2024

The European Union added Alrosa, Russia's biggest diamond producer, to its sanctions list in January as part of punitive measures it has imposed on Moscow over the war in Ukraine.

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Brexit or not, India is going to be impacted

Brexit or not, India is going to be impacted

Thu, Jun 23, 2016

At this point, such an argument is mere speculation. A re-negotiation of the EU-UK agreement following Brexit would mean further uncertainty for India since a conflict of interest could arise, restricting UK from adapting certain deals with India.

Brexit can hit Indian businesses real hard

Brexit can hit Indian businesses real hard

Thu, Jun 23, 2016

Reserve Bank of India (RBI) issued a statement stating that it is keeping a close watch on the vote. It said, “Uncertainty about the poll outcome has resulted in some amount of turbulence in global financial markets, including in India. The RBI is maintaining a close vigil on developments, and will take all necessary steps, including liquidity support, to ensure orderly conditions in financial markets’.”

Brexit: Here's how the UK press is voting

Brexit: Here's how the UK press is voting

Wed, Jun 22, 2016

The Sunday Times and The Sun, which are also owned by media mogul Rupert Murdoch, have both backed an exit.

Billionaire George Soros predicts Brexit 'Black Friday'

Billionaire George Soros predicts Brexit 'Black Friday'

Tue, Jun 21, 2016

He estimated a drop for the currency of at least 15%.

Which way forward? Europe divided on post-Brexit path

Which way forward? Europe divided on post-Brexit path

Tue, Jun 21, 2016

The spectacular gains across the continent by populist eurosceptic parties, including in Germany, attest to that.

Jaguar Land Rover annual profit may be hit by $1.47 billion if Brexit happens: Sources

Jaguar Land Rover annual profit may be hit by $1.47 billion if Brexit happens: Sources

Tue, Jun 21, 2016

A hit to JLR would be a big blow to Britain's resurgent car industry.

Will Brexit push Indian Rupee to 70?

Will Brexit push Indian Rupee to 70?

Fri, Jun 17, 2016

CARE Ratings, in May said that Rupee is likely to depreciate in value and trade around 69 to a dollar in the current year. Although its reasoning were more to do with the US Federal Reserve, and FCNR deposits that are coming up for redemption.

IMF warns Brexit could further weaken Eurozone ties

IMF warns Brexit could further weaken Eurozone ties

Thu, Jun 16, 2016

The International Monetary Fund warned on Thursday that a British vote next week to break with the European Union could stifle economic growth and weaken the ties that bind the eurozone.

Sensex ends lower as Brexit concerns persist

Sensex ends lower as Brexit concerns persist

Thu, Jun 16, 2016

Indian shares ended lower on Thursday, as negative sentiment persisted across the globe after the Bank of Japan and the U.S. Federal Reserve acknowledged concerns over Britain`s likely exit from the European Union while keeping key policy rates steady.

European Union wants 'misunderstandings' out before resuming FTA talks: Nirmala Sitharaman

European Union wants 'misunderstandings' out before resuming FTA talks: Nirmala Sitharaman

Mon, May 30, 2016

The Minister said one has to be mindful of the fact that EU is going through a time when they are waiting for the outcome of Brexit.

Protests erupt in Athens ahead of new austerity measures vote

Protests erupt in Athens ahead of new austerity measures vote

Mon, May 09, 2016

The protest was held during a three-day general strike against pension cuts and the introduction of new taxes that shut down media outlets, public transport, and ferry service.

What Brexit would mean for relations between India and the UK

What Brexit would mean for relations between India and the UK

Tue, May 03, 2016

Since India gained independence in 1947, its relations with the UK have remained strong. But as India’s economic importance has grown, the balance in the relationship has shifted.

India on 5th place in fake goods trade; China tops the list

India on 5th place in fake goods trade; China tops the list

Sun, May 01, 2016

Among the countries hit hardest by the global trade in fake foods, the US comes on the top.

Odds move sharply towards Britain staying in EU cut after Obama warning

Odds move sharply towards Britain staying in EU cut after Obama warning

Mon, Apr 25, 2016

The implied probability of a vote to remain in the June 23 referendum rose several percentage points to about 75 percent, according to live odds from bookmaker Betfair.

Merkel says 'fully supports' ECB after German criticisms

Merkel says 'fully supports' ECB after German criticisms

Fri, Apr 22, 2016

She said that debate in Germany over eurozone interest rates "is legitimate and should not be taken as interference in the ECB`s independent policies, which I fully support."

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