President Trump to increase defence expenditure by underlining threat from Russia and China, claim US officials

President Trump to increase defence expenditure by underlining threat from Russia and China, claim US officials

Washington: The US President Donald Trump will announce the defence expenditure budget of USD 716 billion, an increase of 7% over the previous year. President Trump is likely to suggest this increase in the defence expenditure by underlining the increasing threat from Russia and China, claimed two senior US officials. The Trump administration has not […]

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‘Settlement’ amount in Saudi action to cross 100 billion, claim senior officials

‘Settlement’ amount in Saudi action to cross 100 billion, claim senior officials

Riyadh: The Saudi government is likely to receive almost USD 100 billion in settlement amounts under the anti-corruption drive started by the Crown Prince Mohammad Bin Salman, informed a senior Saudi official. In the action that started in November, 11 princes and 200 others have been put under house arrest in a five-star hotel in […]

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Amazon preparing to enter Cryptocurrencies; buys relevant domains

Amazon preparing to enter Cryptocurrencies; buys relevant domains

Amazon,the multinational giant with annual revenue of USD 136 billion and total assets worth USD 83 billion is reportedly getting ready to enter the Cryptocurrency sector. Reports say that the company, which is considered the leader in electronics, online shopping, cloud computing, etc. has registered 3 domains or web-addresses related to cryptocurrency. As of now, […]

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Cyber theft attacks target Bitcoins and other Cryptocurrencies

Cyber theft attacks target Bitcoins and other Cryptocurrencies

Moscow, 03 Nov 2017: The number of cyber-attacks on Bitcoin and other cryptocurrencies is on the rise over the past few months indicating that this mode of currency is no longer invulnerable, reports Russian Cybersecurity firm ‘Kaspersky’. The cryptocurrencies are being attacked with the help of a malware named ‘Cryptoshuffler’ which has led to the […]

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India will resolve all issues with Bangladesh: Minister for External Affairs Sushma Swaraj

India will resolve all issues with Bangladesh: Minister for External Affairs Sushma Swaraj

Dhaka : External Affairs Minister Sushma Swaraj assured Bangladesh that India will resolve all the adversities in its ties with Bangladesh. Indian Foreign Minister has also supported Bangladesh on the issue of the Rohingya migrants who have entered Bangladesh in lakhs of number from Myanmar. External Affairs minister, Sushma Swaraj appealed Myanmar to accept the Rohingya […]

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Relief for global economy as Japan delivers record performance, ‘3-Arrows’ strategy of Abenomics paying off.

Relief for global economy as Japan delivers record performance, ‘3-Arrows’ strategy of Abenomics paying off.

Tokyo : Record performances posted by Japan, the world’s third largest economy, has grabbed the attention of the world. Since the start of 2016, Japan’s economic growth rate has been on the rise, a feat achieved for the first time in more than a decade. With a growth rate of 4 percent, Japan has outperformed […]

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China restless due to Yuan’s decline, indicative of restriction on foreign investment

China restless due to Yuan’s decline, indicative of restriction on foreign investment

Beijing: The results of recent elections in the United States has begun affecting the Chinese economy and the Chinese Yuan is beginning to decline. Within two weeks following Donald Trump’s victory, the Chinese Yuan is getting extremely devalued. Currently the Yuan has sunk to a eight and half year low against the US dollar. To […]

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Russia ready to provide submarines to India : Decision to increase the strike capability of BrahMos

Russia ready to provide submarines to India : Decision to increase the strike capability of BrahMos

New Delhi : After long deliberations Russia has agreed to lease out its Akula class nuclear submarine to India. The final decision was taken during the discussions held between the Indian Prime Minister and the Russian President in the recently held BRICS meeting at Goa. Along with this important agreement, the two countries also decided to […]

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