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50 new small airports coming up in India

Indian plane in air. File Pic India will be setting up 50 new small airports in the country. New Delhi, July 22/Nationalturk – In view of growing air traffic in the country, India has decided to set up...

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29 textile industries closed in India in 2 yrs

A worker sorts cotton at an industry in India. File Pic Due to financial constraints and other reasons, about 29 cotton textile industries closed in India in last two years. New Delhi, Aug...

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No shortage of petroleum products in India: Minister

A petrol pump in India. File Pic There was no shortage of petroleum products in the country due to crisis in Iraq, Indian minister has said. New Delhi, Aug 5/Nationalturk – Indian Petroleum minister...

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Africa’s Rising Economy: Standard Bank Research Reveals Significant Rising in...

South Africa’s financial giants, Standard Bank has revealed strong growth in Africa’s rising middle class in its latest research report on the Living Standard Measure (LSM) in Africa. The report,...

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Turkey: Erdogan threatens rating agencies with kicking / Breaking News

The rating agencies Moody’s and Fitch threatens expulsion from Turkey. State Minister Erdogan holds their assessment of the political situation is unfair. The company ignored that the country has...

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India witnesses 28.9% rise in visa on arrivals in September 2014

India provides VoA facilities to 12 countries. India has witnessed 28.9 per cent rise in Visa on Arrivals (VoA) last month. New Delhi, Oct 18/Nationalturk – In a good news for Indian economy and...

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Chinese IT Group: Alibaba is growing at a record pace / Breaking News

The IT group Alibaba has increased its sales in the third quarter by more than 50 percent. Unlike its competitor Amazon, the Chinese even write profits. Yet at least. The Chinese Internet retail giant...

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Up to 10,000 Booking.com customers affected by scam

Up to 10,000 customers of the hotel booking website Booking.com have been the victims of scammers using fraudulently obtained email addresses to steal thousands of pounds. One of the world’s most...

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Shanghai Cooperation Organization’s meeting started in Kazkhstan

Shanghai Cooperation Organization’s meeting started with the member countries’ prime ministers on Monday, in Astana, the capital of Kazakhstan. Chinese Prime Minister Li Keqiang, Russian Prime Minister...

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Cuba’s Raul Castro urges US to lift trade embargo

Cuban President Raul Castro urges Washington to lift its trade and economic embargo on the communist island. Cuba’s president on Wednesday urged Washington to lift its trade and economic embargo on the...

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Galatasaray sign deal with Russian oil firm

Turkish football giants Galatasaray have signed a five-year cooperation agreement with Russian oil company Lukoil in Istanbul. Galatasaray signed a five-year cooperation agreement with Russian oil...

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South Korea insists nuclear plants secure despite hacking

Seoul claims threats to nuclear infrastructure based on ‘leaks’ of classified data that could be obtained through online search. As the United States investigates North Korea’s alleged role in the now...

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Russian President Putin admits government made mistakes

Russian President Vladimir Putin summarized the events of 2014 to his government Thursday, admitting there have been some mistakes that contributed to the current economic crisis that Russia is facing....

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Hong Kong airport busiest in Asia, 3rd worldwide in 2014

Hong Kong’s international airport remained Asia’s busiest for international passenger traffic in 2014 while ranking third globally. Around 61.8 million passengers on international flights passed...

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Norway to finalize world’s longest subsea link with UK

The Nordic country aims to finalize the investment of the longest subsea electricity interconnector in the world with UK in 2015. Norway plans to finalize a two billion euro investment in 2015 to...

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President Nicolas Maduro announces steps to fight Venezuela economic crisis

Venezuelan President Nicolás Maduro announced new measures to attempt to fix the country’s ailing economy, which he admitted was “in crisis.” During his annual address to the National Assembly, Maduro...

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Obama reveals nuclear breakthrough on landmark India trip

U.S. President Barack Obama said India and the U.S. had reached a “breakthrough” on two issues concerning a civil nuclear agreement. “We have achieved a breakthrough and are moving towards full...

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Apple leads Chinese smartphone market for first time

Apple sold more smartphones in China than any other company in the final quarter of 2014, according to a report released Tuesday by analytics firm Canalys. This is the first time the American company...

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Greek prime minister Tsipras seeks France’s support to keep debt viable

The new Greek prime minister, Alexis Tsipras, has asked France to play a leading role in shifting European policy towards more growth and making Greece’s debt “viable.” Tsipras’ comments came after he...

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Greece rejects EU bailout extension offer

Greece rejected Monday a six-month extension of its bailout program proposed by its eurozone partners. Greece’s new government was elected to challenge the philosophy of the bailout program, Greek...

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