The European Union will be destroyed by its own member countries, warns ‘Budget Commissioner’ Gunther Oettinger

The European Union will be destroyed  by its own member countries, warns ‘Budget Commissioner’ Gunther Oettinger

Brussels: ‘The existence of the European Union is threatened and the member countries themselves are trying to weaken and destroy it’, was the sensational warning issued by Budget Commissioner, Günther Oettinger. He created a further sensation by naming countries like Italy, Poland, Hungary and Romania. At the same time, Oettinger claimed that there is also […]

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Finance minister Arun Jaitley presents Budget for fiscal 2018-19

Finance minister Arun Jaitley presents Budget for fiscal 2018-19

New Delhi: Finance minister Arun Jaitley presented the budget that gave priority to agriculture, agriculture related industry and infrastructure development in rural India. The budget is trying to give impetus to the manufacturing sector and employment generation, said the Finance minister. At the same time the announcement of providing security of health insurance of 5 […]

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US defense budget gives importance to India’s partnership – Pakistan gets conditional aid

US defense budget gives importance to India’s partnership – Pakistan gets conditional aid

Washington – US President Barack Obama has approved the defense budget draft which included giving more importance to defense partnership with India. Obama has approved a “National Defense Authorization Act (NDAA) which proposes to appoint a special officer to increase India’s defense partnership with the US. At the same time it was made clear that […]

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Japan plans record-hike in defense budget to $52 billion

Japan plans record-hike in defense budget to $52 billion

Tokyo : With the concerns of increased security risks from China and North Korea, Japanese government has begun preparations to sanction a defense budget of $52 billion. A proposal to this effect will be presented in the Japanese parliament in the coming week. This defense budget includes expenses for production of military drones, upgradation of […]

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Rail Budget to be merged with Union Budget

Rail Budget to be merged with Union Budget

New Delhi : The Railway Budget, being presented for the last 92 years will be discontinued from the next financial year. The Railway Budget will be merged along with the 2017-18 Union Budget. Railway Minister Suresh Prabhu had earlier proposed to discontinue the separate Railway Budget and include it in the Union Budget itself. This proposal […]

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German government splurges 23 billion Euros on migrants amid economic crisis

German government splurges 23 billion Euros on migrants amid economic crisis

Berlin: German opposition leader Alice Weidellambasted the German government ‘The money spent by the government on the migrants is an expensive Welcome Party, at the cost of the hard work of the German people.’ As per the received information, at a time, when the German economy is going through a crisis, the government has incurred […]

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