New Delhi: India’s growth rate will be between 6% and 6.8% in the next fiscal year. This conclusion has been recorded in the financial inspection report presented in Parliament before the budget. The report also noted that although India’s growth rate seems to have come down so much for the first time in the last […]
Davos: 99% of the Cryptocurrencies today are pure frauds and scams. Cryptocurrency is a criminal activity. Cryptocurrency is a bubble of fraudulent financial schemes that will burst soon, warned leading US economist Nouriel Roubini. In an interview on the background of the ongoing World Economic Forum in Davos, Europe, Roubini criticized the crypto sector. A […]
Beijing: China’s economy has been hit hard by the frequent Covid outbreaks over the past year. In 2022, China’s economy registered a growth rate of just three per cent. This is the lowest level since 1976. China’s growth rate has fallen by more than half compared to 2021. In 2021, China had achieved a growth […]
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 […]
New Delhi: A discussion was held between the trade ministers of India and Bangladesh on the free trade agreement between both countries. Negotiations between the two countries will start soon. Simultaneously, it is reported that Indian Commerce Minister Piyush Goyal and Bangladesh Commerce Minister Tipu Munshi have discussed conducting trade between the two countries in […]
New Delhi: India’s Finance Minister, Nirmala Sitharaman, said that smuggling gold hurts the economy. However, illicit drug trafficking will hurt the future generation. The finance minister urged the customs officials to be vigilant and suggested using technology tools to prevent drug trafficking. Till November this year, 3017 kg of heroin, 2267 kg of hashish, 725 […]
London/Beijing – In the background of the increasing scope of the ongoing agitation in China and the shocks to the economy due to the ‘Zero Covid Policy’, there was a vigorous fall in the stock markets worldwide on Monday. The stock indices of the UK, France, and Germany in Europe and Japan, South Korea, Singapore […]
Washington/London: The British central bank followed suit after the announcement of an interest rate hike by the US Federal Reserve on Wednesday. These countries, the world’s leading economies, have increased interest rates by half a percentage point each. The US has raised its interest rate to 4 per cent and the interest rate in the […]
New Delhi: Preparations for the ‘G-20 conference to be held in India next year have started in a big way and India has decided its priorities for this. Union Finance Minister Nirmala Sitharaman assured that India would act as the voice of small and medium-income countries at this conference. Finance Minister Sitharaman claimed that India […]
New Delhi: Saudi Arabia’s Crown Prince Mohammed bin Salman will visit India next month. The Crown Prince is said to be coming to India on a special invitation from Prime Minister Narendra Modi. Before this visit, the energy minister of Saudi Arabia will arrive in India next week. The direct transaction between the Indian rupee […]