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India announces Foreign Investment Reform to Reshape Defense Industry

India announces Foreign Investment Reform to Reshape Defense Industry

World’s largest importer of arms is now allowing non-Indian companies to own up to 100 per cent of defense firms, a new government statement on Monday said. Apart from allowing upto 100 per cent foreign

EU should phase out sanctions against Russia: German FM

EU should phase out sanctions against Russia: German FM

Earlier this week Steinmeier urged NATO not to "create pretexts to renew an old confrontation" with Russia.

Russian soldier dies protecting Syria aid convoy

Russian soldier dies protecting Syria aid convoy

Sergeant Andrey Timoshenkov prevented a suicide car bomber from reaching his target in Homs.

Indian Central Bank chief Rajan to step down in September

Indian Central Bank chief Rajan to step down in September

Rajan has been vocal on the country’s bad loan problem.

Jack Ma announces support for Russian small businesses

Jack Ma announces support for Russian small businesses

Ma said AliExpress, the company's international e-commerce website, had 10 million Russian users last year.

EU extends sanctions against Russia for another year

EU extends sanctions against Russia for another year

The sanctions target imports from the peninsula and investment there, among other measures.

Ban, Juncker’s speeches in St. Petersburg likely to rile Russia-critics

Ban, Juncker’s speeches in St. Petersburg likely to rile Russia-critics

Ukraine has said it is "outraged" by the UN Chief's speech praising Russia.

US Senate refuses to grant India “strategic defence partner” status

US Senate refuses to grant India “strategic defence partner” status

As China and the US face off in the South China Sea, Washington is keen to enlist Indian support.

China’s Jan-May outbound direct investment surges

China’s Jan-May outbound direct investment surges

Chinese companies continued to invest big in the overseas market in the first five months of the year, official data showed on Wednesday. China’s non-financial outbound direct investment (ODI) rose

China, Russia elected to UN’s ECOSOC

China, Russia elected to UN’s ECOSOC

The Economic and Social Council (ECOSOC) oversees the UN's NGO committee.