Berlin: In the wake of the Russia-Ukraine conflict, the process of globalisation has come to a standstill. Besides, there is no possibility of its recovery. At the same time, there is a risk of fuel shortage and inflation is also likely to continue. The head of Deutsche Bank, Christian Sewing, warned that due to these […]
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Tehran: US sanctions have made it difficult for Iran to trade in dollars. In such a situation, Iran has started using cryptocurrency for its imports. Alireza Peyman-Pak, Deputy Minister of Industry, Minerals and Trade of Iran, informed that Iran had ordered imports worth $10 million through cryptocurrency. This decision of Iran is being claimed to […]
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New Delhi: Violent protests against the Agneepath project are going on in some parts of the country, demanding that the government withdraw the plan. But officials from all three defence forces strongly supported the plan, saying there was no question of withdrawing the scheme. Defence officials also rejected allegations that the project was implemented hastily […]
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Moscow/Washington: The western leaders had bragged that the harsh sanctions imposed on Russia following the invasion of Ukraine would break the Russian economy, and it would be forced to stop the Ukraine war. But the performance of the Russian economy has delivered a tight slap across the face of these leaders making such claims. There […]
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Bangalore: Prime Minister Narendra Modi said that the future demand and importance of semiconductors would be unimaginable. Hence the Government has plans to make India a global hub for semiconductors. Prime Minister Modi said that currently, 20% of the skilled engineers in the field of semiconductors are of Indian origin and that almost 25% of […]
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Moscow/Beijing: – Russia has turned its attention to China to counter the stringent sanctions imposed by the western countries. The Russian banks, worst hit by the western sanctions, have started using Chinese currency, Yuan. VTB, the leading Russian bank, has appealed to its customers to convert their deposits to Yuan and has even assured an […]
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Moscow: – Dmitry Peskov, the spokesman of the Russian government, confessed that the West has declared an economic war against Russia and it is absolutely unprecedented. The economic war has delivered a massive jolt to the Russian economy. Hence, it is difficult to predict the future. The United States and its allies have imposed sanctions […]
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Moscow/Kyiv: – The cyber sector felt repercussions of the Russian attack on Ukraine, which occurred last week. A few days ago, the biggest hacker group Anonymous declared a cyberwar against Russia. Following the announcement, cyberattacks were launched on Russian channels, electric vehicles, and Russian space systems. The Russian hackers have retaliated against these attacks and […]
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Washington: The effects of the harsh sanctions imposed by the western countries against Russian President Vladimir Putin and the Russian central bank are becoming visible. Within 24 hours of the imposition of sanctions, there was a record decline in the Russian economy and the value of its currency Ruble. Reports have been published that long, […]
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Washington/ London/ Brussels: – The United States, United Kingdom, and European Union have announced sanctions against Russia after it invaded Ukraine and conducted military operations. The sanctions are imposed on Russian President Vladimir Putin, senior leaders of the Russian government, affiliated businessmen, banks, and the business community. The West has targeted sanctions on Russian companies […]
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