US President Joe Biden has announced that he will not attend the Quad meeting in Australia. Claiming that the Quad meeting had collapsed due to this, China’s state-run newspapers mocked the organisation. But in reality, China had focused all its attention on the Quad Countries meeting held in Hiroshima. In this meeting, Prime Minister Narendra […]
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Beijing: Concerns are expressed worldwide due to China’s reduced imports and lack of expected export growth. Since China’s economy is closely linked to the global economy, economists have warned that whatever happens in China will have international consequences. At the same time, economists also warned that China’s economy is currently facing great danger. Therefore, the […]
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Washington – When the United States uses the dollar to carry out economic sanctions, the dominance of the dollar will be at risk in the international economy, claimed the US Treasury Secretary Janet Yellen. At this time, she also admitted that countries like China, Russia and Iran are looking for an alternative to the US […]
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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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Washington – Rising interest rates, the crisis in the banking sector in the US and Europe, and growing differences at the geopolitical level have shaken the stability of the global economy. This impacts the economy’s development, and the world economy’s growth rate will remain around three percent for the next five years, warned IMF (International […]
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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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Tokyo: The birth rate in Japan, known as the third largest economy in the world, has fallen to the lowest level. In 2022, less than 0.8 million babies were reportedly born in Japan. Besides, the fertility rate of women in Japan has also decreased and seems to come down to 1.3. While the birth rate […]
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Bangalore: Some countries have unsustainable-debt loads, so much so that they cannot tolerate it, which has become a major global problem. The distrust of international financial institutions has been partly responsible for this. Besides, Prime Minister Narendra Modi warned that these international financial institutions had been slowly working to implement the necessary reforms. The Prime […]
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Washington: India, the shining star of the global economy, will also perform strongly in the next financial year. The head of the International Monetary Fund, Kristalina Georgieva, has expressed the belief that India’s share in the global economic growth in the next year alone will be as high as 15 per cent. Georgieva claimed that […]
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Hyderabad: Indian Finance Minister Nirmala Sitharaman said that the budget is planned for the general and economically weaker section of society and will provide industry and education opportunities. The Finance Minister said that the challenges due to global uncertainty had been factored in the budget and India prepared to deal with any crisis. Although the […]
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