Brussels: Covid pandemic and the conflict in Ukraine has severely impacted the economy of European countries. According to a US agency, countries like Romania, Poland and Hungary are sinking in debt as their market borrowing has increased thrice. Concerned about the financial crisis, the European Union has called for an emergency meeting to review the […]
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Rome/Beijing – Italy, the only G7 country to participate in China’s ambitious Belt and Road Initiative (BRI), is preparing to withdraw. Sources indicated that the Italian government would soon decide on the BRI due to pressure from fellow European countries and the United States and its readiness to cooperate in the semiconductor sector with Taiwan. […]
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Washington – A new report has been released by the US Parliament, which claims that the outbreak of Coronavirus started from a laboratory in Wuhan, China. A report prepared by the US Senate has said that there have been many incidents of laxity in the safety of Wuhan’s laboratory. The spread of the Coronavirus is […]
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Washington: Union Finance Minister Nirmala Sitharaman has said that the Indian economy is transparent, open and watchable to anyone. Sitharaman claimed that the digitisation introduced by the government had accelerated the economy and has led to an increase in transparency. At the same time, Sitharaman has claimed that globalisation, which benefits a handful, has lagged […]
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New Delhi – The IMF has prepared a report titled ‘Staking up the Benefits: Lessons from India’s Digital Journey’, which praises India for creating the digital infrastructure of global standard. India has changed the lives of millions of Indians and helped transform the economy. The IMF advises other countries to learn from India. India initiated […]
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New Delhi: At a time when the world is in the shadow of an economic slowdown, India’s trade with other countries in the fiscal year ended March 2023 seems to have touched $1.6 trillion, according to a Global Trade Research Initiative (GTRI) report. GTRI pointed out that the total trade with other countries is 48 […]
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Washington/Beijing – President Xi Jinping has said that China should take a more active role in the reforms of the global governance system and on the security front. China’s mediation efforts have led to the initiation of discussions between Saudi Arabia and Iran. President Xi Jinping said this when discussions started about China’s increasing global […]
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New Delhi – An MoU was signed between India and the US on the manufacturing of semiconductors. Indian Commerce and Industry Minister Piyush Goyal and US Secretary of Commerce Gina Raimondo signed the agreement. Under the newly formed agreement, India and the USA will collaborate to establish a robust supply chain essential for semiconductor manufacturing. […]
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Washington: The economic figures that have emerged in the last few days indicate a stronger economy than expected. Therefore, Federal Reserve chief Jerome Powell warned that the increase in interest rates in the near term could be higher than previously estimated. Powell’s statement has strongly impacted the global stock market, and several indices have seen […]
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Hyderabad: Today’s security concepts are not limited to territorial, internal, and economic security. It also includes food and health security. Foreign Minister S Jaishankar claimed that the world had learned this lesson after the Corona outbreak and the Ukraine conflict. External Affairs Minister Jaishankar expressed hope that the G20 countries should seriously consider how to […]
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