Russian forex reserves surging despite Western sanctions – Bank of Russia reports

Russian forex reserves surging despite Western sanctions – Bank of Russia reports

Moscow: In the wake of the Russia-Ukraine conflict, Western countries have imposed sanctions on Russia. Western countries claimed that these sanctions would cripple Russia’s economy and stop the Russian regime from attacking Ukraine. But in reality, information is coming out that the weapon of sanctions of the West has become useless. At the beginning of […]

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Interests of China, who inflicts inhuman atrocities on Uyghurs and plunders Afghanistan’s mineral resources, on target of IS, claims an international news agency

Interests of China, who inflicts inhuman atrocities on Uyghurs and plunders Afghanistan’s mineral resources, on target of IS, claims an international news agency

Kabul: The inhuman atrocities of the Uyghur-descent Muslims by the Communist regime of China has begun to be felt in Afghanistan. In the last year and a half, China’s investment in Afghanistan has become the target of IS-Khorasan attacks. This has been the reaction from IS to China’s treatment of Uyghur descent. But at the […]

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Global economy likely to face recession in 2023, World Economic Forum warns

Global economy likely to face recession in 2023, World Economic Forum warns

Davos: Leading economists around the world have warned that the global economy would likely suffer a recession in 2023. The Chief Economist Outlook report released by the World Economic Forum in Davos highlighted this. Saadia Zahidi, Managing Director of the World Economic Forum, spelt out the finding from a report that as the global economy […]

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99% of Cryptocurrencies are a scam – US economist Nouriel Roubini

99% of Cryptocurrencies are a scam – US economist Nouriel Roubini

Davos: 99% of the Cryptocurrencies today are pure frauds and scams. Cryptocurrency is a criminal activity. Cryptocurrency is a bubble of fraudulent financial schemes that will burst soon, warned leading US economist Nouriel Roubini. In an interview on the background of the ongoing World Economic Forum in Davos, Europe, Roubini criticized the crypto sector. A […]

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US and the world need to be made aware of the investment opportunity in India – Commerce minister Piyush Goyal appeals to Indians residing in the US

US and the world need to be made aware of the investment opportunity in India – Commerce minister Piyush Goyal appeals to Indians residing in the US

New Delhi: India is uniquely poised and emerging as a lucrative investment opportunity backed by robust local demand driven by a huge population and supported by transparent government policies and law. Commerce Minister Piyush Goyal has urged the Indians residing in the US to disseminate information to encourage investments in India effectively. Commerce Minister Piyush […]

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Union Cabinet approves Green Hydrogen Mission – to make India Green Hydrogen production centre by 2030

Union Cabinet approves Green Hydrogen Mission – to make India Green Hydrogen production centre by 2030

New Delhi: The Union Cabinet has approved the National Green Hydrogen Mission and approved a provision of around Rs 19,744 crore. According to this, 50 lakh metric tonnes of green hydrogen will be produced yearly for the next five years. An investment of around eight lakh crore rupees has been expected in this sector by […]

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Valueless Cryptocurrency will become extinct – economist and investor Peter Schiff

Valueless Cryptocurrency will become extinct – economist and investor Peter Schiff

Washington: ‘Cryptocurrency has no value. Investors should sell the currency before it depreciates. Because Cryptocurrency is on the verge of extinction soon,’ warned US economist and investor Peter Schiff. Schiff also mentioned the ‘FTX’ scam in the cryptocurrency sector. The value of cryptocurrencies has fallen drastically in the wake of other scams, including FTX. The […]

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Globalization and free trade is almost dead – Founder of semiconductor giant TSMC warns

Globalization and free trade is almost dead – Founder of semiconductor giant TSMC warns

Taipei: “In the past 27 years, the semiconductor sector has undergone many major global changes. Currently, the geopolitical situation of the world is changing rapidly. Globalization and free trade are dying. Many think these things will be restored, but there should be a sense that the situation will not return to normal,” warned Morris Chang, […]

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