Britain stops aid to India

Britain stops aid to India

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International development secretary, Justine Greening has announced that all financial assistance from the UK to India will end from 2015. India will not get any aid from Britain further and Britain can save up to £200. British support for India will in future be limited to skills sharing in area areas such as trade and […]

Strategic Chabahar Port will be opened by 2016

Strategic Chabahar Port will be opened by 2016

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Union Minister of Road Transport and Highways, Nitin Gadkari said that India expects the strategic Chabahar port, which will give sea-land access to Afghanistan bypassing Pakistan, to be operational by December 2016. The Port of Chabahar is a seaport in Chah Bahar in southeastern Iran. Its location lies in the Gulf of Oman. It is the only Iranian port […]

Arriving Bullet Train in India

Arriving Bullet Train in India

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The Mumbai–Ahmedabad high-speed rail corridor is the first approved high-speed rail corridor in India connecting the cities of Mumbai and Ahmedabad. The project is estimated to cost Rs one lakh crores and spans a distance of 650 kms. Japan will provide $12 billion of soft loans to build India’s first bullet train, the two nations announced during a visit by […]

Japanese Economic Growth

Japanese Economic Growth

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Japanese economic growth has a direct impact on other Asian economies. So all eyes are on Japan as it will release its  monthly slew of data on 25th December, the Christmas day. The Japanese economy is expected to grow about 1.7 percent in fiscal 2016 starting next April, led by recovering consumer spending and solid […]