Saudi Arabia signs USD 264 million deal with China for nine million coronavirus tests

Saudi Arabia signs USD 264 million deal with China for nine million coronavirus tests DUBAI: Saudi Arabia signed a deal worth more than USD 264 million with China to provide the kingdom with the ability to conduct 9 million COVID-19 tests. The deal signed on Sunday and announced by Saudi Arabia also provides the kingdom…

Agricultures As Solution

The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling party benefited, given that there are far more consumers of milk in India than dairy farmers. The same…

Jeff Bezos makes mega million jobs promise in India as Amazon firefights govt

Amazon.com Inc said on Friday it planned to create 1 million jobs in India by 2025, a day after the country’s trade minister said the e-commerce giant’s recently unveiled $1 billion investment in the country was no big favour.

Amazon and Walmart’s Flipkart are facing mounting criticism from India’s brick-and-mortar retailers, which accuse the U.S. giants of violating Indian law by racking up billions of dollars in losses to fund deep discounts and discriminating against small sellers. The companies deny the allegations.

Amazon said it would create new jobs in India through investments in infrastructure, technology and logistics.