Washington: The second wave of the Coronavirus pandemic in the middle of 2021 had severely impacted the Indian economy. The US treasury department claimed in its report that the Indian economy took a significant leap and was the fastest in the world to be back on track. This half-yearly report prepared for the US Congress […]
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Washington: A new report by the World Bank warned that the slowdown in the global economy has gained momentum because of the hit taken due to the Coronavirus pandemic, followed by the Russia-Ukraine conflict. The World Bank has also warned in the report that the decline in the economic growth and the raging inflation will […]
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Moscow/Washington: The western leaders had bragged that the harsh sanctions imposed on Russia following the invasion of Ukraine would break the Russian economy, and it would be forced to stop the Ukraine war. But the performance of the Russian economy has delivered a tight slap across the face of these leaders making such claims. There […]
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Washington: The effects of the harsh sanctions imposed by the western countries against Russian President Vladimir Putin and the Russian central bank are becoming visible. Within 24 hours of the imposition of sanctions, there was a record decline in the Russian economy and the value of its currency Ruble. Reports have been published that long, […]
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New Delhi – Reserve Bank of India (RBI) governor Shaktikanta Das said that India’s banking industry has tremendous potential. If all the factors are aligned cohesively, the economy will progress rapidly. Moreover, it would provide an impetus to the global economy.’ On Sunday, RBI Governor was addressing a function to launch a program, ‘Depositors First: […]
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New Delhi: – Indian Finance Minister Nirmala Sitharaman claimed that for the long-term recovery of the global economy, all countries must work together to make progress. Finance Minister Sitharaman made the statement during a virtual meeting of the G20 International Seminar on the global economy against the background of Coronavirus. The G20 is known as […]
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New Delhi: – The Minister of State for Finance, Anurag Thakur, said it is clearly visible that the Indian economy is rising again, leaving the Coronavirus crisis behind. In February, foreign institutional investment in the country stood at around Rs 25,787 crore. Citing this, the Minister of State for Finance expressed confidence that the country’s […]
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Tehran: The United States announced fresh sanctions against Iran, targeting the leading Iranian financial institutions and banks, spread around the globe. These new US sanctions will have a direct effect on the entire Iranian financial sector and it is claimed that in effect, Iran will be disconnected from the global economy. Infuriated by this, Iran […]
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Tehran: Iranian President Hassan Rouhani alleged that the efforts to stop the Coronavirus epidemic is putting a tremendous strain on the Iranian economy. In this scenario, the United States wants to bring the Iranian economy to a standstill with economic sanctions and this is a part of the larger conspiracy against Iran.’ At the same […]
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London/New York: It is evident on the international level that the intensity of the Coronavirus epidemic, which has locked down China, the second largest economy of the world, is increasing by the day. While there is a steady rise in the number of deaths and people infected, the negative impact is apparent in the global […]
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