Washington/Beijing: – The International Monetary Fund (IMF) has warned that China needs to initiate immediate steps to avert the threats to economic stability. The Chinese economy’s debt burden has increased tremendously during the Coronavirus pandemic period, and small banks and local administrations are feeling immense pressure. At the same time, the credit rating of the […]
Read More »
Male: – India disbursed an aid of USD 25 crores to the Maldives, on Sunday. India is providing this assistance to recover the Maldivian economy, which crashed due to the Coronavirus crisis. It was revealed that the Maldivian economy, entangled in the Chinese debt trap, was sinking. The Maldives fears that it will be in […]
Read More »
Moscow/Minsk: Russian President Vladimir Putin assured that as per the agreement signed between Russia and Belarus, Russia is willing to help Belarus President Alexander Lukashenko. Lukashenko claimed to have won the Presidential elections, held last week, with a majority. But intense nationwide protests have been triggered against him. The United States, the United Kingdom and […]
Read More »
New Delhi: Bangladesh Prime Minister Sheikh Hasina, thanked the Indian Prime Minister, for the aid provided during this ongoing Coronavirus crisis. Prime Minister Sheikh Hasina expressed gratitude for the aid, during the telephonic discussion, between the two leaders. India has announced an aid of $1.5 million for any SAARC country like Bangladesh, for the fight […]
Read More »
Tokyo: The Japanese, Shinzo Abe government announced a special financial package for the companies thinking of exiting from China because of loss of production. Abe government clarified that financial assistance up to $2.2 billion will be available for Companies bringing the manufacturing to Japan or shifting them to some country other than China. This Japanese […]
Read More »
New Delhi: Union Finance Minister, Nirmala Sitharaman, has announced a significant relief for the taxpayers and ordinary bank account holders. Finance Minister Sitharaman made some important announcements for providing relief, by extending the date for filing returns, to the Income Tax and GST payers. The minimum balance condition, for bank accounts, also has been removed […]
Read More »
Panaji: Indian Vice-President Venkaiah Naidu appealed to the International community to unite and take strong action against countries assisting and encouraging terrorism. The Vice-President was addressing the graduation ceremony at Goa University. During his address at the graduation ceremony, Vice-President Naidu attacked the terrorist policies of Pakistan, without taking the name. Vice-President Naidu accused ‘Terrorism […]
Read More »
Washington/Damascus: Criticism is rife that the United States has given an opportunity to Turkey to massacre Kurds, by withdrawing the military from Syria. The US President had assured financial and military aid to the Kurds, saying that the United States will not leave the Kurds alone. President Trump has decided to implement the decision and […]
Read More »
Washington: A private financial institution issued a sensational warning that the total debt burden in the US economy is 20 times the Gross Domestic Product (GDP) of the United States and the number has reached nearly $400 trillion. A few months ago, the US treasury department had released information that the national borrowing is to […]
Read More »
Paris: The leading IT Company Google will have to pay nearly $ 1 billion fine for the financial fraud committed in France. The settlement comprises a basic fine of $ 550 million along with a tax of $ 500 million. Only two months ago, the French government had decided to tax the enormous earnings of […]
Read More »
