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 ...
Development of large-scale commercial shipping and navigation on the inland waterways to transport bulk and hazardous goods led the Indian Parliament to enact the National Waterways Act, 2016 creating 106 new waterways on many rivers, river...
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...
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 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 sudden attention the microchip industry received due to the issue led to various discussions about the supply chain. After the production lines were temporarily shut down, everyone started talking about the tiny chips that are used in v...
Last month, Shehbaz Sharif became Pakistan's 23rd Prime Minister after two months of intensive politicking and conflict. His appointment came after Pakistani Prime Minister Imran Khan was forced to resign following a no-confidence vote. He ...
The blue economy is a concept that refers to the various ocean resources that can be utilized by coastal nations to enhance their economic growth and environmental sustainability. It is a huge opportunity for coastal nations such as India t...
The Covid-19 lockdown in Shanghai has raised concerns about China's economic outlook for the rest of this year. This week's release of first-quarter gross domestic growth data will provide a clearer indication of how policymakers in Beijing...
In March 2021, a Japanese container ship ‘Ever Given’ blocked one of the busiest maritime trade routes in the world for nearly a week. As the ship got stuck in the Suez Canal, a key waterway, it prevented more than 400 vessels to make their...
