New Delhi, Aug 11 (IANS) China’s weak domestic demand and excess industrial capacity forces the country’s government to subsidised exports in order to spur economic growth, but this is causing problems in the world economy as cheap Chinese goods are being dumped in other countries where the local industries get hit, according to a new report.China’s economy is structurally weaker than it appears and overly dependent on government-subsidised exports, according to the report in The Washingto…
Kolkata, Aug 11 (IANS) Garden Reach Shipbuilders and Engineers (GRSE) Ltd plans to deliver five warships to the Navy by the end of 2026-27. This was announced by Cmde P R Hari, IN (Retd), chairman and managing director, GRSE, on Tuesday, August 11, during the launch of the Next Generation Offshore Patrol Vessel (NGOPV), named Shruti, in Kolkata. Shruti is the second of four NGOPVs, being built by GRSE, to be launched. The first one, Sanghmitra, was launched on May 20 this year.”We are now buildi…
Latest Indian Community News
View MoreHubballi (Karnataka), Aug 11 (IANS) Former Karnataka Legislative Council Chairman Basavaraj Horatti on Tuesday said he had to sign his resignation letter under compulsion, alleging that he was not given the opportunity to resign on the day he had planned.Speaking to reporters in Hubballi, Horatti said he had conveyed all details regarding his resignation to the Governor, but had not received any communication confirming whether his resignation had been accepted.“I have conveyed everything to t…
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