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El-Sissi seeks boost in Chinese industrial investments

El-Sissi seeks boost in Chinese industrial investments

The president said that Cairo will do its utmost to facilitate the ease of Chinese investors doing business in Egypt.

BRICS actively pushing for IMF reforms blocked by US: Lavrov

BRICS actively pushing for IMF reforms blocked by US: Lavrov

BRICS foreign Ministers will meet on the sidelines of the United Nations General Assembly in September in New York.

India waives retrospective tax on foreign funds after record selloff

India waives retrospective tax on foreign funds after record selloff

Foreign institutional investors (FII) sold a net 168.77 billion rupees ($2.55 billion) in Indian shares in August.

China unveils $9.4 bn fund for smaller firms

China unveils $9.4 bn fund for smaller firms

Credit conditions have remained tight for SMEs, despite a series of policy easing.

Google has case to answer, says India antitrust watchdog

Google has case to answer, says India antitrust watchdog

The Competition Commission of India has the powers to levy appropriate penalties, including a fine of up to 10 per cent of Google’s income.

China ascendancy the rule in global markets: India top economic aide

China ascendancy the rule in global markets: India top economic aide

India, the government’s top advisor argued, must support China’s bid to include its currency in the IMF’s basket of reserve currencies.

Yuan devaluation to have no impact on BRICS Bank: President

Yuan devaluation to have no impact on BRICS Bank: President

The New Development Bank (NDB) will make its first round of loans in national currencies, cutting out the dollar.

China to spend $315 bn on power grid to push clean energy

China to spend $315 bn on power grid to push clean energy

China has pledged to get 20 per cent of its energy by 2030 from renewables and nuclear power, almost double the current share.

Russia, Venezuela to discuss oil glut

Russia, Venezuela to discuss oil glut

OPEC says it is open to discussing the year-on-year drastic drop in oil prices with other producers.

India April-June GDP growth underwhelming

India April-June GDP growth underwhelming

India’s GDP growth slowed to 7 per cent in the April-June quarter, from 7.5 per cent in the previous quarter.