United Kingdom exits from EU

United Kingdom exits from EU

Voting in favour of ‘Brexit’, the British masses have shown unwillingness to remain a part of the EU. The decision has had grave political repercussions the world over, prompting also, swift ripples on the global share market as much as on the global political scene. Following the results of the referendum, the British Prime Minister […]

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India well set to face Brexit fallout

India well set to face Brexit fallout

New Delhi, Dt: 24(PTI)–India is well prepared to face any after effects of ‘Brexit’ said the Indian Finance Minister Arun Jaitley. India has strong economic fundamentals and adequate foreign exchange reserves. The Government is working closely with various regulatory bodies to mitigate the effects of volatility caused by ‘Brexit’. Mr. Arun Jaitley asserted that the […]

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Government announces increased limits of FDI in key sectors

Government announces increased limits of FDI in key sectors

New Delhi Dated 23rd June (PTI): Government announces reforms in Foreign Direct Investment (FDI) in the key sectors of Defence, Aviation, Pharmaceuticals and Food Processing. The Prime Minister. Mr.Narendra Modi has expressed confidence,that with this decision the Indian market wouldopen up for FDI, and that in turn would boost the employment generation opportunities in the country. […]

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Enemy countries, terrorists can bring cities to standstill through cyber-attacks: UK Intelligence chief

Enemy countries, terrorists can bring cities to standstill through cyber-attacks: UK Intelligence chief

London 11th June (News Agency) – Terrorists and some unknown countries are consistently trying to enhance their cyber capabilities. The Chief of British Intelligence, Robert Hannigan has warned that using this cyber capability, they could be planning a major cyber attack to bring a city to a complete standstill. A few days back it was […]

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China devalues its ‘Yuan’

China devalues its ‘Yuan’

Beijing/Washington, Dt.30 (News agency) – Just as the G-7 summit, held recently in Japan, concluded by proclaiming an end to the currency war, China declared the devaluation of its currency the ‘Yuan’. In the week of the summit itself, the Chief of the U.S. Federal Reserve, Mr. Janet Yellen signalled the hiking of interest rates. […]

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