Washington- ‘Normally speaking, or at least until five or six years ago, we were used to India not doing very well. India is having a lot of trouble, and so on, and the rest of the world is doing much better. It’s the other way around now; if India does well in attracting investment, this […]
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Washington/London/Brussels: The world’s leading central banks have again announced interest rate hikes, amid signs of a global economic slowdown. The European Central Bank, the Bank of England, and the US Federal Reserve increased interest rates. The Federal Reserve increased by 0.25 per cent, and the United States’ interest rate reached 4.75 per cent. Jerome Powell, […]
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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 […]
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New Delhi: UN General Assembly (UNGA) President Csaba Korosi has been on a three-day visit to India. This is the first visit of Korosi, who took over as the President of the 77th General Assembly of the United Nations four months ago. He chose India for this, which the Indian Ministry of External Affairs welcomed. […]
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Lusaka/Washington: ‘The US debt crisis threatens the stability of the world economy. Therefore, the US does not have the right to make baseless accusations against other countries just for vested interests’, the Chinese Embassy said as it sternly criticised the US Treasury Secretary Janet Yellen. Yellen is currently on tour to Africa, where she commented […]
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Gandhinagar: Commerce and Industry Minister Piyush Goyal believes exports from India’s services sector will reach $300 billion this fiscal year. The Minister of Commerce pointed out that this performance of India’s service sector is significant even when there is a global economic upheaval. Mr Goyal has also claimed that this was an extremely good performance […]
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Davos – The World Bank and International Monetary Fund (IMF) have warned that the world will face a recession in 2023. There has been a new addition to these regular warnings of a global recession received at certain intervals. The World Economic Forum – WEF report also warned that a global recession would be this […]
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Washington: ‘Cryptocurrency has no value. Investors should sell the currency before it depreciates. Because Cryptocurrency is on the verge of extinction soon,’ warned US economist and investor Peter Schiff. Schiff also mentioned the ‘FTX’ scam in the cryptocurrency sector. The value of cryptocurrencies has fallen drastically in the wake of other scams, including FTX. The […]
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Washington: ‘In the future, human society will face unprecedented threats. These threats are slowly building up and we are doing nothing to prevent them,’ warned Nouriel Roubini, a leading American economist. At this time, Roubini compared the dangers of the future to a slow-motion train wreck. American economists warned that the whole world is moving […]
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Washington/London: The US Federal Reserve has announced an increase in interest rates by half a percentage point. While making this announcement, Jerome Powell, the head of the Federal Reserve, also warned that interest rates in the United States may reach five percent by the end of 2023. After the Federal Reserve’s announcement, the Bank of […]
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