Home » Posts tagged 'india' (Page 5)
Tag Archives: india
Iran’s Top Oil Customers Resist U.S. Calls For Zero Imports
Iran’s Top Oil Customers Resist U.S. Calls For Zero Imports Just a few days before U.S. sanctions on Iranian oil exports return on November 5, the keywords about how much of Iran’s oil will come off the market are ‘lack of clarity’. On the one hand, it’s unclear how much Iranian oil will really be […]
Russia, India And Iran To Cooperate On New Trade Route Alternative To Suez Canal
Russia, India And Iran To Cooperate On New Trade Route Alternative To Suez Canal After their leaders pledged to strengthen bilateral trade and military cooperation at a bilateral summit last month, Russia and India announced earlier this week that they had sealed a long-discussed $6 billion arms deal despite threats of economic sanctions from Washington. […]
India Calls Trump’s Bluff, Will Pay For Russian S-400s In Rubles
India Calls Trump’s Bluff, Will Pay For Russian S-400s In Rubles After facing down US threats of possible economic sanctions should it follow through with its plans to purchase nearly $5.4 billion in Russian S-400 anti-ballistic missile systems, India has successfully called the US’s bluff. After India stood its ground and insisted on moving ahead […]
India’s Farmers Plan Mass March to the Nation’s Parliament as Agrarian Crisis Reaches “Civilization Proportions”
India’s Farmers Plan Mass March to the Nation’s Parliament as Agrarian Crisis Reaches “Civilization Proportions” With over 800 million people, rural India is arguably the most interesting and complex place on the planet. And yet it is also one of the most neglected in terms of both investment and media coverage. Veteran journalist and founder […]
India Yet To Figure Out Way To Pay for Iranian Oil Imports
India Yet To Figure Out Way To Pay for Iranian Oil Imports India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said on Friday. India’s Oil Minister Dharmendra Pradhan has conveyed the message that his country would continue […]
Food, Justice, Violence and Capitalism
Food, Justice, Violence and Capitalism In 2015, India’s internal intelligence agency wrote a report that depicted various campaigners and groups as working against the national interest. The report singled out environmental activists and NGOs that had been protesting against state-corporate policies. Those largely undemocratic and unconstitutional policies were endangering rivers, forests and local ecologies, destroying […]
India Defies US, Signs $5.4BN Arms Deal With Russia Amid Promises Of Closer Ties
India Defies US, Signs $5.4BN Arms Deal With Russia Amid Promises Of Closer Ties In what amounts to Russia’s latest act of defiance against the US and its Western allies, and a sign that India is slowly moving away from the US sphere of influence, New Delhi has signed a $5.4 billion deal for the […]
In Shock Move, India Nationalizes Giant Shadow Bank At Center Of Market Rout
In Shock Move, India Nationalizes Giant Shadow Bank At Center Of Market Rout One week after we reported that India’s NPL crisis finally erupted after IL&FS, a major shadow bank at the heart of India’s economy defaulted in one day on three debt payments, India’s government announced on Monday that it would immediately seize control […]
“Historic Judgment” As India’s Nationwide Biometric ID Database Ruled Constitutional
“Historic Judgment” As India’s Nationwide Biometric ID Database Ruled Constitutional As the march toward a cashless (and privacy-less) society accelerates forward, a new high watermark has been reached. India first introduced its concept for a nationwide biometric ID database more than 7 years ago, which they touted as a necessary “social welfare” program to assist […]
India & the Emerging Market Crisis
India & the Emerging Market Crisis India’s financial markets are in the throes of this Emerging Market crisis. The Mumbai-based Infrastructure Leasing & Financial Services (IL&FS) is an over 30-year-old infrastructure lending giant that claims to have helped develop and finance projects worth $25 billion in Asia’s fastest-growing economy. The company recently defaulted on debt payments […]
India’s NPL Crisis Erupts: A Major Shadow Bank Defaults On Three Debt Payments
India’s NPL Crisis Erupts: A Major Shadow Bank Defaults On Three Debt Payments IL&FS Investment Managers, a unit of India’s Infrastructure Leasing & Financial Services (IL&FS) – an Indian infrastructure development and finance company and one of the nation’s largest “shadow banks” – which announced three debt defaults on Friday, said on Saturday morning its […]
“Volatility Erupts”: India Rocked By Biggest Market Plunge In 4 Years
“Volatility Erupts”: India Rocked By Biggest Market Plunge In 4 Years Update: IL&FS has confirmed it is unable to service its obligations in respect of interest payment of the Non-Convertible Debentures, which was due on September 21, 2018. The fear of contagion has spread across the banking sector and up into India’s sovereign risk, now […]
Major Currencies All Over The World Are In “Complete Meltdown” As The $63 Trillion EM Debt Bubble Implodes
Major Currencies All Over The World Are In “Complete Meltdown” As The $63 Trillion EM Debt Bubble Implodes The wait for the next global financial crisis is over. Major currencies all over the planet are in a “death spiral”, many global stock markets are crashing, and economic activity is beginning to decline at a stunning […]
Economic Doom Returns: Emerging Market Currencies Collapse To Record Lows As Global Financial Chaos Accelerates
Economic Doom Returns: Emerging Market Currencies Collapse To Record Lows As Global Financial Chaos Accelerates After a little bit of a lull, the international currency crisis is back with a vengeance. Currencies are collapsing in Argentina, Brazil, India, Turkey and other emerging markets, and central banks are springing into action. It is being hoped that […]
Mapping The Countries Shutting Down The Internet The Most
Mapping The Countries Shutting Down The Internet The Most With President Trump raising the threat rhetoric over conservative bias among the giant US megatech firms, it is worth remembering that when it comes to curbing dissent and freedom of expression, some governments take the drastic step of shutting down the internet. Across the world, as […]
