The World Trade Organization (WTO) approved a slew of decisions on topics ranging from fishing subsidies to the production of COVID-19 vaccines. The organization uses its consensus principle to ensure that agreements can be reached even if ...
With the aim to promote peace, security, development and cooperation, BRIC was coined in 2001 by Roopa Purushotaman who was a Research Assistant in Jim O’ Neill’s publication (Building Better Global Economic BRICs) for Goldman Sachs. It was...
A project that can boost exports by 110 billion, lead to an infrastructure investment mobilization of 4 lakh crore, logistics cost saving of 35000-40000 crore per annum and double the share of inland and coastal waterways is none other than...
The ranked top country for tourism in 2019 by Lonely Planets, Sri Lanka is no less than a delight and a must-have country on your travel list with its vast meadows, its timeless temples, its rich and accessible wildlife, its growing surf sc...
Sri Lanka is in huge distress due to the ongoing economic crisis. The country is witnessing a critical balance of payments issue wherein its foreign exchange coffers are dwindling at a rapid rate. This has led to irreversible problems makin...
The Belt and Road initiative, formerly known as “One Belt, One Road”, is also known as the New Silk Road project. it has over 100 participant nations and is a development plan that intends to connect China to Europe.
The digital economy is becoming more prevalent and we are entering a rewarding future. Digital India has been regarded as a promising idea since its inception. The rapid emergence and evolution of the internet has made digitization an inevi...
The Prime Ministers of India, Japan, and Australia, as well as the US President, launched the Indo-Pacific Economic Framework (IPEF) on May 24, a day before the Quad leaders' second in-person Summit in Tokyo, with Indonesia, South Korea, Ma...
The industrial controls and factory automation market in Japan is expected to grow at a steady rate of 11.20per cent during the next few years. The emergence of COVID-19 has prompted the manufacturing industry in Japan to re-evaluate its tr...
The huge potential of the electric vehicle market in India is being realized by the increasing number of automakers. Due to the rapid emergence and growth of the market, the estimated value of the electric vehicle market in the country is e...
South Korea is at a critical point in its development. Due to its technological prowess, it has become an economic powerhouse. Large-scale manufacturing and hardware combined with the country's growing number of tech companies have contribu...
The 14th BRICS summit is to be hosted by China towards the end of June. This is the first time heads of state of Russia, China, and India are coming together since the launch of the military operation in Ukraine. The theme of this year's vi...
