If prices remain low the next decade might well see global trade stagnate.
India's trade with the Gulf-Arab region stands at $180 billion. India needs the Gulf region more in terms of trade, investments and employment than the other way round. When it comes to faith, the Gulf-Arab nations have not been found wanting at any point in time, points out N Sathiya Moorthy.
Hectic preparations are on at the newly-formed Niti Aayog to welcome the first Vice-Chairman Arvind Panagariya and other members whose appointments were approved by Prime Minister Narendra Modi on Monday.
The winners of the Natural History Museum's prestigious Wildlife Photographer of the Year competition were announced at an awards ceremony in London. American photographer Karine Aigner was announced as this year's Wildlife Photographer of the Year.
French police have identified the first of seven gunmen who killed at least 129 people in a wave of carnage claimed by the Islamic State group.
The assurance comes as India's Covid graph dips -- on Friday 1,109 new coronavirus infections were reported -- and also one case of a new Covid strain in Mumbai.
Billionaire Mukesh Ambani on Friday backed the proposed data privacy and cryptocurrency bills, saying India is putting in place the most forward-looking policies and regulations. Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure. Stating that data is the 'new oil', he said every citizen's right to privacy has to be safeguarded. "India is putting in place the most forward-looking policies and regulations," he said at the Infinity Forum, hosted by International Financial Services Centres Authority (IFSCA).
Al Qaeda 'had been preparing to spread its ideology to India', says Bruce Hoffman, Director Center for Security Studies at Georgetown University.
Dates like 9/11 should never be allowed to pass by forgotten because terrorism is not to be borne, inhumanity is not to borne.
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
'Everybody spies on their friends as well as their enemies. That's the way the world works these days'
'If there is one certainty in this visit, it is that Trump does not follow a script. He is unpredictable,' highlights Ambassador B S Prakash.
Women from 55 countries begin deliberations at the 5th International Women's Conference.
Here's your weekly digest of the craziest stories from around the world.
Mahendra Raj is a towering figure of 20th century Indian architecture.
'Both Russia and the USA seek New Delhi's friendship, because for both -- Russia and the USA -- India is a certain counterbalance to China.'
Regulators and investigators around the world have access to sophisticated tools making it possible to detect white collar crimes. This is where Indian investigators and regulators have been found wanting, says Sudipto Dey.
Jyoti Vyas was seven months pregnant when two planes flew into the Twin Towers on September 11, 2001. She ran down 77 flights of stairs and 15 years later, she remembers how she survived the tragedy almost unscathed.
Images from Day 1 of the 2022 US Open at the USTA Billie Jean King National Tennis Center, in Flushing Meadows, New York, on Monday.
According to industry insiders, India has 400 million smartphones and is the world's fastest-growing app market. So the addition or deletion of apps impacts the global valuations of these platforms. "Based on calls given by various local organisations to delete Chinese Apps, there will be an impact," said Blaise Fernandes, director at foreign policy think tank Gateway House. "All of them eventually will go the IPO (initial public offering) route so there would be economic impact also."
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
'The recalculated ranking showed India should have had a higher ranking earlier (113 in 2012 instead of 132) and lower ranking later (114 in 2018 instead of 100).' 'This would mean that there has been no change in India's climate of doing business across two regimes.' 'This is exactly consistent with the reality on the ground,' observes Debashis Basu.
Pro-growth economist Arvind Panagariya has been appointed as first vice-chairman of the newly announced NITI Aayog, which has replaced the Planning Commission.
All that happened in India in the past week, in photos.
Unlike other countries, the US does not send its election observers to India because of the strong independent credentials of the Election Commission of India.
SII said it will address the limited capacity by scaling up the vaccine production over the next two months.
Announcing his tax reforms Trump said his policies would benefit working families.
The US foreign policy under President Donald Trump would put "America first" and would be based on the principle of "peace through strength," the White House said today, hinting at massive military expansion under the new administration to maintain "unquestioned" US military dominance.
Bombay Velvet spends too much time on period details and loses focus, notes Aseem Chhabra.
Will space tourism with a niche market of serving only the uber-rich ever be profitable, asks Kumar Abishek.
In the pitch dark of the African night, a herd of cape buffaloes gather at the watering hole for a drink, taking care to stay by the edge to avoid the crocodiles lurking in the depths. In Gangiova, a village in Romania, a doctor places her stethoscope to the chest of a newborn baby, listening intently for the beating of his tiny heart. These are just some of the moments that have been picked by the judges for the Sony World Photography Awards. For the 2017 competition, photographers entered 227,596 images across the awards' Professional, Open and Youth categories. The Open competition winner will receive $5,000 (Rs 3.3 lakh), Sony digital imaging equipment and flights and accommodation to the awards ceremony at Somerset House in London. Sony World Photography Awards has been kind enough to share some of their shortlisted pieces with us.
He said countries should work for promoting open and inclusive cooperation for win-win outcomes.
Badhaai Do carries its audience on the wave of those little farces that come with being queer in India, a land where masculinity still has some say, observes Sreehari Nair.
India will have the presidency of the BRICS' $100 billion New Development Bank for six years with headquarters in China that will become operational in about two years, a major step for reshaping the international financial system dominated by the West.
Medical experts have warned that the volume of vaccine available to fight the coronavirus or SARS-CoV-2 in coming years is expected to fall far short of global demand, despite an unprecedented effort to manufacture billions of doses.
US congressional leaders on trade and finance wrote to the US International Trade Commission calling for a second investigation into India's 'unfair' trade practices, detailing any changes under Modi.
Massive restrictions on legal immigration - including restricting immigrants who contribute to medicine, science, and research in the United States, and who are working to develop treatments for coronavirus and other deadly diseases - will not only hinder efforts to save lives, but prevent job creation and hurt American economy as the country struggles to recover.
IMAGES from the US Open matches played on Day 1 at the Flushing Meadows in New York on Monday.
'The hotel room number can never total up to 8.' 'I fly First Class and won't take a pre-9am flight.' Check out Bollywood's travel plans.
When it comes to all things shiny, parts of Asia and the Middle East, are at the center of the boom.