United Nations: India attracted $64 billion in foreign investment in 2020. But in 2021, there was a decline of $19 billion and the foreign investment in the country came down to $45 billion. It was being claimed to be a cause of concern in the economy. But despite the fall in foreign investment, India continued […]
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Istanbul: Sheikh Abdulla Bin Zayed Al Nahyan, Foreign Minister of the United Arab Emirates (UAE) visited Turkey and met President Erdogan. Discussions were held regarding the cooperation between UAE and Turkey during the meeting. Both the countries have decided to increase cooperation between them on all the levels. An announcement to take the bilateral trade […]
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Tokyo: The US President announced the Indo-Pacific Economic Framework (IPEF) to challenge the aggressive Chinese expansionist activities in the Indo-Pacific sector. This 21st-century economic front will be working to define the framework for the digital economy in the Indo-Pacific sector, ensuring the safety of the supply chain and increasing investment in green and renewable energy. […]
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Mumbai: Indian warships INS Surat and INS Udaygiri have been inducted into the naval force. Defence Minister Rajnath Singh expressed confidence that these warships would augment the strength of the Indian Navy. Defence Minister Rajnath Singh said that these indigenously built warships at the Mazagon Docks in Mumbai truly exhibit India’s self-reliant capability to the […]
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Washington: President Biden has announced a ban on projects that increase the country’s fuel production, as fuel prices in the United States have reached record levels. Three oil refining contracts between Alaska and the Gulf of Mexico have been cancelled. The American Petroleum Institute is outraged by Biden’s decision. On the one hand, the Biden […]
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Colombo: – Ranil Wickremesinghe has been sworn in as Prime Minister of Sri Lanka amid a severe economic and political crisis. The 73-year-old Wickremesinghe has once again taken over as the Prime Minister of Sri Lanka and faces the challenge of stabilising the country in a crisis. Given the dire situation in Sri Lanka, some […]
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New Delhi: A possibility of the Indian Prime Minister’s visit to the European countries Germany, France and Denmark proving to be stormy, given the Ukraine conflict was being predicted. India had jolted the western countries by refusing to denounce the Russian attack on Ukraine and buying fuel from Russia. The concern that this would have […]
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Copenhagen: Prime Minister Narendra Modi assured that India would take steps to increase bilateral cooperation with the Nordic countries in Europe. The second India-Nordic summit is scheduled to be held in the Danish capital city of Copenhagen. Before the summit, Prime Minister Modi held independent meetings with the heads of state of Nordic countries to […]
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Moscow: Nikolai Patrushev, secretary of the Russian National Security Council, attracted the world’s attention by announcing that the Russian currency Rouble, will soon be linked to gold and other essential commodities. Patrushev said that Russian experts are working on the plan. The Russian Central Bank currently has a reserve gold stock of 2,000 tonnes. Russia […]
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Tashkent: Russia will be stressing transactions in the national currency with its trading partners. Denis Manturov, Minister of Industry and Trade of the Russian Federation, appealed that these countries also should reduce the use of USD and Euro. ‘Russia has organised an international Trade Fair’ in Tashkent, the capital of Uzbekistan. The Russian Trade Minister […]
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