Washington: International Monetary Fund (IMF) chief Kristalina Georgieva warned that the United States and European countries have been pursuing a policy of creating economic barriers to meet their geopolitical goals, and this policy could backfire. She simultaneously claimed that the international economy would get divided due to the decisions taken by the US and Western […]
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Moscow: Strong moves are being made to expand BRICS, the association of Brazil, Russia, India, China and South Africa. Russian Foreign Minister Sergey Lavrov expressed the possibility of nearly 12 more countries being inducted into BRICS. The Russian Foreign Minister said that these include countries like Algeria, Argentina and Iran. Against the background of the […]
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Washington: The USD is currently at its highest level in two decades and the rest of the world’s economies are suffering the consequences. The International Monetary Fund (IMF) has warned that the USD’s strength is becoming problematic and its effects are beginning to show. This warning from the IMF is getting support from other countries […]
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Jaipur: ‘OPEC Plus countries have decided to reduce fuel production. These countries have the freedom and sovereign right to make this decision. The results will definitely be seen. India has the capacity to deal with the situation,’ said Union Petroleum Minister Hardeep Singh Puri. Hardeep Singh Puri added that India would also take necessary steps […]
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Geneva/ London: Due to the global crisis, around 54 countries’ economies are collapsing. Thus, these countries need urgent financial assistance. Pakistan, Sri Lanka, Tunisia, Chad, and Zambia are developing countries amid an economic crisis anytime soon. If the people of these countries do not receive assistance on time, the poverty in the respective countries will […]
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Washington: ‘The bilateral cooperation between India and the US is not limited to maintaining the interests of our own countries. The relations between these democratic countries positively impact the whole world,’ said External Affairs Minister S Jaishankar. While concluding his US tour, Jaishankar highlighted the importance of India’s relations with the US. Jaishankar pointed out […]
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Tokyo: By saying that while a very complex situation has arisen at the international level, the second ‘Two Plus Two’ discussion is going on between India and Japan, Indian External Affairs Minister S Jaishankar highlighted the importance of cooperation between the two countries. Defence Minister Rajnath Singh has emphasised the need to expand defence cooperation […]
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Washington: US Federal Reserve has once again increased the interest rates by 0.75% on Wednesday. This is the fourth increase in the last month and the first instance of two successive interest rate hikes of 0.75% since 1994. The US stock markets have reacted positively to the rate hike. While the interest rate is hiked, […]
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New Delhi: Prime Minister Narendra Modi said that the ‘Energy Security, Food Security and Economic Development’ agenda came up in the very first meeting of I2U2. Considering the instability on the global level, I2U2 has presented in front of the world the framework for active cooperation between countries. A Virtual meeting of the heads of […]
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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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