India economy
Three globalisation shocks could hurt China and help India
The global shocks have proven to be particularly damaging for China because they have come on top of an ongoing, secular loss of competitiveness.
India's biggest cement producer using Chinese yuan to import Russian coal
India's biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan, according to an Indian customs document reviewed by Reuters, a rare payment method that traders say could become more common.
India will leap from $3 trillion to $30 trillion economy “very soon”, minister says
India would become a 30 trillion dollar economy from the level of three trillion dollar economy very soon, Commerce and Industry Minister Piyush Goyal has said.
Three globalisation shocks could hurt China and help India
The global shocks have proven to be particularly damaging for China because they have come on top of an ongoing, secular loss of competitiveness.
India's biggest cement producer using Chinese yuan to import Russian coal
India's biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan, according to an Indian customs document reviewed by Reuters, a rare payment method that traders say could become more common.
India will leap from $3 trillion to $30 trillion economy “very soon”, minister says
India would become a 30 trillion dollar economy from the level of three trillion dollar economy very soon, Commerce and Industry Minister Piyush Goyal has said.
