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Coronavirus pandemic to shrink German economy by record 9.8% in second quarter
Thu, Apr 09, 2020
Germany`s economy, Europe`s largest, will probably shrink by 9.8% in the second quarter, its biggest decline since records began in 1970, due to measures imposed to slow the spread of the novel coronavirus, the country`s leading think tanks said on Wednesday
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India, Germany ink 11 pacts after Narendra Modi-Angela Merkel talks
Fri, Nov 01, 2019
The two countries have also agreed to explore cooperation in new areas like e-mobility, fuel cell technology, smart cities, inland water ways, coastal management, cleaning of rivers and climate change, he added.
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Airbus CEO Tom Enders tells Germany to reform arms policy for good of Europe
Sat, Feb 16, 2019
German restrictions on arms exports to non-EU or NATO countries have been a thorn in bilateral co-operation for years because of the historical objections of the Social Democrats, junior partners in Chancellor Angela Merkel`s ruling coalition.
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German economy escapes recession by the narrowest of margins
Thu, Feb 14, 2019
Furthermore, the government is concerned that technological innovation and the acquisition of German industrial know-how by foreign - particularly Chinese - companies could erode the manufacturing base on which much of Germany`s wealth is built.
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German industry views Brexit, Trump as biggest risks to growth and prosperity
Wed, Dec 26, 2018
The German economy, Europe`s largest, is expected to post its weakest growth rate in many years in 2018 as exporters are facing headwinds from abroad. But vibrant domestic demand means many companies are still able to expand business.
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Where India stands in the race of world's most powerful passports? Check here
Sat, Dec 08, 2018
Have you ever thought that the passport of a country is also ranked like its population, GDP, etc? Well, yes it is ranked depending upon how conveniently a citizen gets the visa of other countries. Here we bring to you a list of countries in which citizens easily get a visa.
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Germany to trump Japan again with world''s largest current account surplus: Ifo
Mon, Aug 20, 2018
The International Monetary Fund and the European Commission have for years urged Germany to do more to lift domestic demand and imports as a way to reduce global economic imbalances and stimulate growth elsewhere. Since his election, U.S. President Donald Trump has also criticised Germany`s export strength.
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Angela Merkel says Germany and China committed to multilateral order
Mon, Jul 09, 2018
Speaking after a joint government meeting at which a raft of economic cooperation agreements between German and Chinese companies were signed, Merkel also praised China for opening up its markets to further foreign investment.
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German Chancellor Angela Merkel tells Italy: euro zone rules must frame economic discussions
Mon, May 28, 2018
Commenting on the situation in Italy, the most heavily indebted country in the euro zone after Greece, Merkel said: "We should talk with every government but we have principles within the euro area and of course there will be difficult questions." Asked whether she was concerned by the situation in Italy, Merkel said during a conference in Berlin: "Look, when there were elections in Greece and Alexis Tsipras was made premier, there were many questions on the table."
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Siemens strikes deal with German unions over job cuts
Tue, May 08, 2018
Siemens` rival General Electric has also been hit, and last year announced plans to axe 12,000 jobs at its power business. Power and gas orders at Siemens are expected to drop 23 percent during the company`s second quarter, with results due on Wednesday, while profit from the division is forecast to plunge 62 percent, according to a Reuters poll.
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Audi launches new RS 5 Coupe in India priced at Rs 1.1 crore; Virat Kohli terms it a "performance car"
Thu, Apr 12, 2018
Audi India had reported 2 per cent increase in its total sales at 7,876 units in 2017 as against 7,720 units in the previous year. The completed ten years of operations in India in 2017.
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35 delegates taking part in Odisha MSME Trade Fair
Tue, Mar 06, 2018
Naveen Patnaik inaugurated the fair yesterday where more than 350 stalls with six pavilions belonging to various international organisations, 30 start-ups, industry associations, exporters, state PSUs and other central government organisations have been put up
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Angela Merkel vows `good for Germany` as SPD paves way for her fourth term
Sun, Mar 04, 2018
Two in three of the SPD`s rank and file voting in a make or break referendum backed a new partnership with Merkel`s conservatives, heralding an end to the political stalemate that has plagued Europe`s biggest economy since September`s inconclusive elections
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