oil

Indians in Saudi Arabia fall victims to drop in oil prices

Indians in Saudi Arabia fall victims to drop in oil prices

August 3, 2016

Thousands of jobless Indians are grounded in Saudi Arabia after losing their jobs to the fall in oil prices that hit the Gulf region and its economic activities this year. The Indian government is working to evacuate its people who are being denied both their pays and passports b...

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Indian PM Modi’s fruitful trip to Doha

Indian PM Modi’s fruitful trip to Doha

June 8, 2016

Larsen & Toubro won a contract to construct the stadium for Qatar’s 2022 world cup worth 135 million dollar.

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India becomes a $2 trillion dollars economy

India becomes a $2 trillion dollars economy

June 1, 2016

The acceleration of growth in the 4th quarter – January-March, at 7.9% has powered the Indian economy that has crossed the symbolic mark of a 2 trillion dollars economy, at INR exchange rate of around 67 dollars. On the whole, in 2015-2016, India grew at 7.6%, boosted by th...

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Paris Climate Agreement

Paris Climate Agreement

April 21, 2016

As world leaders come together to sign the Paris agreement, an international alliance of frontline and indigenous communities calls it a dangerous distraction. Close to 155 countries are preparing to sign the Paris agreement on Earth Day, April 22, in New York, but an internation...

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2016-2017 economic forecasts

2016-2017 economic forecasts

February 18, 2016

Moody’s, one of the leading credit rating agencies, forecasts in its last Investors Service report that the Indian economy will experience a 7,5% growth in 2016 and 2017. It expects India will take advantage of low commodity prices and limit its exposure to external problems li...

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