India Inc should take equal blame for trade imbalance with China: Jaishankar

[ad_1] Pune: The businesses should share equal responsibility for the skewed trade balance with China, External Affairs Minister S Jaishankar said on Thursday, blaming India Inc for not developing sufficient sourcing capabilities within the country. Stating that the government’s flagship ‘Atmanirbhar Bharat’ initiative pitching for self-reliance is a corrective attempt,Continue Reading

Markets fall in initial trade on weak global trends

[ad_1] Mumbai: Stock market benchmark indices fell in initial trade on Wednesday tracking weak global trends ahead of the release of minutes of the Federal Open Market Committee (FOMC) meeting. The BSE Sensex fell 329.12 points to 60,343.60 after a weak beginning. The NSE Nifty declined 97.3 points to 17,729.40.Continue Reading

UK slams ‘protectionist’ Biden

[ad_1] Press play to listen to this article Voiced by artificial intelligence. LONDON — Joe Biden’s “protectionist” Inflation Reduction Act won’t help the U.S. counter the rise of China and could create a “single point of failure” in key supply chains, Britain’s trade chief Kemi Badenoch warned. Speaking at aContinue Reading

365 days of war in Ukraine — by the numbers

[ad_1] Russia’s year-long war in Ukraine has led to thousands of casualties, millions of refugees and billions of dollars in damages to the country’s economy, environment and infrastructure. At home, Russian President Vladimir Putin is pushing the narrative of a just war against the West and crushing dissenting voices, whileContinue Reading

Rishi Sunak in final push to get Brexit done

[ad_1] Press play to listen to this article Voiced by artificial intelligence. LONDON — Boris Johnson may have coined the phrase, but Rishi Sunak hopes he’s the man who can finally claim to have “got Brexit done.” The British prime minister will on Monday host European Commission President Ursula vonContinue Reading