Friday, 19 August, 2022
TopicTrade wars

Topic: Trade wars

World is warming up to China for trade. But India is left with just a handful of minilaterals

It seems China is able to impose itself as a critical business partner even at a time when countries have been grouping up against its increasing belligerence under Xi Jinping.

Why G7 summit is unlikely to bring about structural reforms despite host Macron’s push

3-day G7 summit is starting in France on 24 August. President Emmanuel Macron has also invited non-member countries, including India and Australia.

IMF cuts global growth forecast blaming trade wars & emerging markets stress

Risks to global growth have risen in the last three months and tilt to the downside, the IMF said on eve of its annual...

No coherent strategy in sight as guardians of global economy meet in Bali this week

Global finance chiefs meet for IMF & World Bank meetings without firepower of 2008 & with era of coordination looking like an anomaly.

Trade wars & cash crunch threaten to muzzle India’s animal spirits

Indicators compiled by Bloomberg suggest economic growth may moderate in coming months from 8 percent-plus pace in June quarter.

A Chinese actress is missing after ‘tax evasion’ & a new marathon world record

US may impose fresh tariffs on Chinese goods, and Trump's contribution to the new world order. 

Rupee plunges to all-time low of Rs 70.52 against dollar

Higher crude oil prices and dollar's strength against few overseas currencies has kept the rupee under pressure.

China may look to India for supplies amid trade war with US

India draws list of more than 40 export products to replace or capture the US trade market share with China.

Animal spirits keep India on track to become the world’s fastest growing economy, shows data

The economy is showing steady expansion, with the IMF forecasting growth of 7.3 per cent in the fiscal year through March 2019 and 7.5 per cent in the next.

Raghuram Rajan now raises warning against toxic mix on trade

The foreseer of the last global financial crisis says global growth has been strong in recent years but the concern is how long can it continue.

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Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

Su-57, the Russian 5th generation fighter aircraft Photo by Snehesh Alex Philip

Russia wants to build next generation tanks, submarines with India

As the second regiment of the S-400 Triumf air defence system starts getting delivered, Russia said it expects the serial production of AK 203 rifles in Amethi to begin in late 2022-early 2023.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.
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