US-China trade war, Beijing files WTO challenge to Washington $200 billion tariff plan

China announced it filed a World Trade Organisation challenge today to US President Donald Trump’s proposal for a tariff hike on USD 200 billion of Chinese goods, reacting swiftly amid deepening concern about the economic impact of their spiralling technology dispute. The one-sentence Commerce Ministry statement gave no legal grounds for the challenge or other […]

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India invites investments from Omani companies

The Indian government on Monday invited Omani companies to invest in India and benefit from Make in India programme aimed to encourage manufacturing, an official statement said. The invitation was made by Commerce Minister Suresh Prabhu during the 8th India-Oman Joint Commission meeting in Muscat, where he highlighted several steps taken by the government to […]

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After France, India set to conquer UK! Jaitley says will pip Britain next year to become 5th largest economy

After France, India set to conquer UK! Jaitley says will pip Britain next year to become 5th largest economy

Union Minister Arun Jaitley today exuded confidence that India will pip Great Britain to become the fifth largest economy in the world next year if economic expansion continues at the projected rate. However, rising international crude oil prices and the global trade war would throw up challenges going forward, he said.“If we keep growing at […]

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