Source link New Delhi has followed Beijing’s strategy to attract EV manufacturers, but subsidies and tax cuts may not be enough – India’s real strength lies elsewhere India is rapidly turning into a hotspot for electric vehicles with Elon Musk‘s Tesla reportedly looking at sites for a $3 billion manufacturing facility, and Korean auto giants […]
Source link The group will account for 40% of global GDP within four years, the head of the New Development Bank has said The BRICS member states will overtake the G7 in terms of share in global GDP within the next four years, the head of the New Development Bank (NDB), Dilma Rousseff, said on […]
Source link Berlin has been exporting less to the Asian country in recent years, statistics have shown The US is on track to surpass China as Germany’s leading trade partner as soon as next year, Reuters reported this week, citing the German Chamber of Industry and Commerce (DIHK). China has held the top spot for […]
Source link Maksim Reshetnikov noted the large disparity in the two countries’ growth rates Russia may overtake Japan as the world’s fourth largest economy in the coming years, Economy Minister Maksim Reshetnikov stated on Wednesday. Russia has already moved passed Germany, the EU’s economic heavyweight, in purchasing power party (PPP) terms and now has the […]