There are many indicators and trends in the auto industry that suggest conventional vehicles are headed for oblivion, which will have a huge effect on the oil industry, as well. But for now, electric drive technology, as well as autonomous vehicles, are far from mass adoption, so gasoline-powered vehicles have a long way to go […]
Petroleum Minister Emphasises Need To Integrate The Bio-Energy Policies With Rural-Agricultural Economy
Deliberations Help Government In Forming An Effective Bio-Fuel Policy New Delhi (PIB-GR-TYP-BIN): Petroleum Minister Mr. Dharmendra Pradhan stressed the need to integrate the bio-energy policies with rural-agricultural economy. Inaugurating the Bio-Energy Summit 2015 organized by CII in New Delhi on November 17, the Minister said that deliberations will help the government in forming an effective […]
Putin’s seeks major changes for Russian economy
Vladimir Putin met with Government members to discuss state socioeconomic policy on March 4, 2015. Changes to the federal budget parameters and the situation with Russian gas supplies to Ukraine were also discussed. PRESIDENT OF RUSSIA VLADIMIR PUTIN: Good afternoon, colleagues, We will hear from the Economic Development Minister today, who will tell us about […]
India to be the Fastest Growing Economy Soon, says Mukesh Ambani
The Chairman of Reliance Industries Ltd (RIL), Mukesh Ambani, has shown faith in India’s economy and said that the country will soon overpower China and become the world’s fastest growing economy in a couple of years. At an event organised by Brown University in New Delhi,he said that he has known the Indian economy over […]
Cardinal Trading: Global Economy Heading South Again
Cardinal Trading: Slowing growth in Europe, China and a cooling of the US economic recovery is fueling a flight to safety. Cardinal Trading: Conflicting economic data emerging from the US, slowing growth in China and a Eurozone flirting with a deflationary spiral point to a tough time a head for the world’s economic fortunes. Chief […]
South Sudan Economy on massive breakdown
(JUBA SOUTH SUDAN) The ongoing conflict in South Sudan has paralyzed the economy, investors fled, projects stall, supplies cut, markets are burnt down and oil exploitation dropped by 32 percent. David Ochan, Secretary General of the South Sudan General Business Union said that the private sector in south Sudan is vacant. “The private sector was […]
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