Congo Ousts Mining Leader in a Cloud of Corruption Claims

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The chairman of the Democratic Republic of Congo’s state mining company was ousted on Friday after longtime allegations that billions of dollars in revenue had gone missing, a move officials said was intended to fight corruption as the country becomes increasingly important in the global clean energy revolution. Albert Yuma Mulimbi, the chairman of the … Read more

‘China economy will turn more to local market’

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China’s economy will become more dependent on its domestic market even as it opens up further for global trade, former Chongqing mayor Huang Qifan said at the annual International Finance Forum on Saturday. Foreign trade accounted for 64% of China‘s economy in 2006 and will gradually decline to about 25%, Huang said at the meeting … Read more

India-Pakistan friendship will increase trade: Navjot Singh Sidhu

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Punjab Pradesh Congress Committee president Navjot Singh Sidhu on Saturday said that India-Pakistan friendship will increase trade. While speaking to the media here in Amritsar, Sidhu said, “If our friendship is increased with Pakistan then our business will also be increased. I admire our former Prime Minister Atal Bihari Vajpayee’s scheme when he started Aman … Read more

Agricultural exports rise by 13% in Apr-Nov

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India’s exports of agricultural and processed food products rose by more than 13 per cent during April-November this fiscal to USD 23.26 billion, the commerce ministry said on Saturday. The export of rice was the top forex earner at USD 5.93 billion during April-November 2021-22, growing 11 per cent over the corresponding period in 2020-21 … Read more

It’s time that we engage more with the world: Piyush Goyal

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India’s foreign trade is in comfortable position and the time has come for India to engage more with the world, Commerce and Industry Minister Piyush Goyal said on Saturday. The minister called upon the captains of Indian industry to set ambitious targets as the economy is poised for a sustained spell of rapid growth. Addressing … Read more

Goldman Sachs cuts U.S. GDP growth forecast for 2022 over Omicron fears

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Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of the Omicron variant of the coronavirus. Goldman economist Joseph Briggs said in a note that the Omicron variant could slow economic reopening, but the firm expects “only a modest drag” on service … Read more

After independence, curriculum could not adequately reflect philosophy of great Indians: Himanta Biswa Sarma

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Assam chief minister Himanta Biswa Sarma said that after independence the curriculum of the country could not adequately reflect the works and philosophy of the great people of the nation. Sarma tool part in the book discussion on Veer Savarkar- The man who could have prevented partition written by Uday Mahurkar and Chirayu Pandit at … Read more