Paris: – Following the Security related conference in Munich, Indian External Affairs Minister S Jaishankar proceeded to France. He held discussions with his French counterpart Jean Yves Le Drian and Defence Minister Florence Parly. Foreign Ministers Jaishankar and Le Drian signed an agreement regarding Blue Economy, meaning finance related to the oceans and maritime management. […]
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Frankfurt/Moscow: – The chief of the European Central bank warned, ‘There are shadows of Russia-Ukraine conflict and if this becomes a reality the electricity rates in Europe could flare up.’ Christine Lagarde, the chief of the European Central Bank, warned that the increase in electricity rates would negatively affect the European economy. Only a few […]
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Washington: – The International Monetary Fund (IMF) has said that the government debt burden in the global economy has reached $88 trillion. The debt is about 98% of GDP and is expected to grow further soon. During the Coronavirus pandemic period, measures taken by various countries to revive the economy led to an increase in […]
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Beijing: – Analysts claim that a series of shocks to China’s economy will hit the post-Corona recovery of the global economy once again. The Chinese government released the economic data for July. It shows a slowdown in industrial production, retail sales, e-commerce and investment sectors. Asian stock markets have plummeted in the wake of Chinese […]
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Beijing: – China, which was boasting as the only economy to progress even during the Coronavirus pandemic, has started receiving fresh jolts. For the last few months, the number of defaulter companies is on the rise, and as per indications, some of these companies could declare bankruptcy. At the same time, the profitability of the […]
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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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Brussels/Washington: – A report by the US Congress warned that the increasing Chinese might and its activities are a threat for the international system and the United States needs to take some more aggressive steps against them. At the same time, NATO, the military front of the United States and Europe, has warned that the […]
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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: – Following the warnings for military attacks and Snapback sanctions, by US President Donald Trump, Iran has threatened the United States, its allies in the Middle East, along with the European countries. A senior official from the Iranian Revolutionary Guards threatened that the United States and all those who assisted the United States, in […]
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Lucknow: The government is making efforts to bring the economy, derailed due to the Coronavirus Pandemic, back on track and European countries along with Israel have responded positively to the efforts. Israel will be investing in the water management project at Bundelkhand, in Uttar Pradesh (UP) and Germany will be investing in the defence sector […]
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