The Indian armed forces are projected to spend around $130 billion in capital procurement in the next five years.
Rahul Gandhi mocks PM Modi after India records highest daily rise in coronavirus cases in the world
Modi had said in Mann ki Baat last month that India had handled the crisis better than other countries because it made ‘right decisions at the right time’.
COVID-19: India’s Kerala state with first-world standards to push export of nurses
There will be demand for Kerala nurses and paramedics all over the globe.” Kerala has historically benefited from a large population of expatriates sending money back home, helping drive economic and …
Why Investors Keep Losing Money Betting Against the Hong Kong Dollar Peg
For years, macro hedge fund managers have been stalking the Hong Kong dollar. Since 1983, the currency has been pegged at around 7.75 per U.S. dollar, and it basically has never budged from that. But …
Spotlight: Moody’s latest downgrade to prevent Lebanon’s access to int’l markets: experts
Moody’s Investors Service has downgraded Lebanon’s issuer rating to C from Ca. The C rating reflects Moody’s assessment that the losses incurred by bondholders through Lebanon’s current default are …
Lebanon Is Exhausted
The myth of their resilience helped the Lebanese function despite a miserably corrupt and inept state. No longer.
Join top economist to learn how Israel can crawl out of COVID financial crisis
Trajtenberg will be presented to Times of Israel Community members this Wednesday, August 5, at 1 p.m. Eastern/8 p.m. Israel. If you’ve not yet joined the ToI Community, you can sign up here .
Dubai Investments reports 42% drop in half yearly profits
Dubai Investments has reported a 42 percent drop in net profit for first six months of the year, compared to H1 2019, blamed largely on the impact of the global coronavirus pandemic and a “one-off …
Finance minister defends ‘significantly better deal’ with Goldman Sachs
Tengku Zafrul Aziz says Malaysia opted for a pragmatic approach over a popular one after taking into account several factors.
Goldman Sachs Settles 1MDB Dispute With Malaysia for $3.9 Billion
The Wall Street bank will pay $2.5 billion to the government of Malaysia for its role in the alleged theft of billions of dollars from a government investment fund, and guarantee the recovery of $1.4 …