President Aleksandar Vucic’s party wins majority in Serbia’s elections

President Aleksandar Vucic’s party wins majority in Serbia’s elections

Belgrade: President Aleksandar Vucic’s party has won a majority in the parliament and local elections in Serbia. President Vucic is known to be a leader close to Russia. After the mass shooting incident in the Serbian capital in May, a large demonstration was held against Vucic’s government. The US and the European Union warned the […]

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Indian banking sector is capable of dealing with crisis caused by insolvency of US & European banks – RBI governor Shaktikanta Das

Indian banking sector is capable of dealing with crisis caused by insolvency of US & European banks – RBI governor Shaktikanta Das

Washington – The world is worried after the bankruptcy of Silicon Valley Bank-SVB of the United States and the Credit Suisse of Switzerland. Warnings are being given that some more banks in the United States and Europe will go bankrupt in the future. Due to this, some economists have warned that an even worse economic […]

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ISRO successfully launches LVM3; 36 satellites placed into orbit

ISRO successfully launches LVM3; 36 satellites placed into orbit

Sriharikota – India’s ISRO has strengthened its position in the global market for satellite launches. At 9 am on Sunday, ISRO successfully launched 36 satellites belonging to United Kingdom’s OneWeb group. The company informed that it has started receiving signals from all these satellites. For this, ISRO used the ‘LVM3’ rocket and its success is […]

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India in talks with South Asian countries for cross-border Rupee trade – RBI governor, Shaktikanta Das

India in talks with South Asian countries for cross-border Rupee trade – RBI governor, Shaktikanta Das

New Delhi: Reserve Bank Governor Shaktikanta Das informed that India is discussing with South Asian countries the use of the rupee for cross-border trade. The governors of the Reserve Bank have said that Bhutan and Nepal are trying to use India’s ‘UPI’ facility to a greater extent. While the pilot project of the Digital Rupee […]

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NATO augments deployments in Kosovo due to rising tensions between Serbia and Kosovo

NATO augments deployments in Kosovo due to rising tensions between Serbia and Kosovo

Brussels: NATO signalled an increase in its deployment in Kosovo amid rising tensions between the Balkan countries of Serbia and Kosovo. A few days ago, Serbian President Aleksandar Vučić asked for permission to deploy Serbian security forces in Kosovo; after that NATO is said to have started its movements. The tension between Serbia and Kosovo […]

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Indian economy performing well despite global upheavals – RBI economist claims

Indian economy performing well despite global upheavals – RBI economist claims

New Delhi: India’s economy is doing well compared to other countries, despite the shocks of huge upheavals at the international level. This is because the country’s economy is built on not one but many foundations. This has created the ability of India’s economy to withstand international shocks, said Ashima Goyal, member of the Monetary Policy […]

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India will benefit by trading in INR with Russia alongside other nations, economists claim after the RBI’s announcement

India will benefit by trading in INR with Russia alongside other nations, economists claim after the RBI’s announcement

New Delhi: The Reserve Bank of India (RBI) announced that the use of Indian Rupees is allowed in import and export transactions. Since the Ukraine conflict, nearly a trillion Rupees have reduced the Indian foreign exchange reserves. In this scenario, it will benefit the Indian economy to conduct trades in Indian Rupees. Russia, unable to […]

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RBI will not allow a major fall in the value of the rupee: Deputy Governor Michael Patra

RBI will not allow a major fall in the value of the rupee: Deputy Governor Michael Patra

New Delhi: Reserve Bank Deputy Governor Michael Patra has expressed confidence that India’s required monetary policy tightening will be more moderate than other countries in the coming days. He also claimed that inflation in India would come under control in the coming months. At the same time, the RBI is trying to ensure that there […]

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