New Delhi: – With a volatile situation in Ladakh where conflict can start any time, the defence ministry has approved the purchase of defence equipment worth ₹38.9 billion. These include 33 fighter jets from Russia, 248 Astra missiles for the Air Force and Navy and other defence equipment. The government is augmenting its defence preparedness […]
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New Delhi: – Government banks, Urban Cooperative Banks and Multi-State Cooperative Banks have been brought under complete control of the Reserve Bank of India (RBI). The Union Cabinet of Ministers has approved an ordinance regarding this. Last year major scams had been reported from cooperative banks. In Maharashtra, funds of thousands of customers were stuck […]
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New Delhi/Kathmandu: After digging up a border dispute with India, Nepal is preparing to refuse the aid, offered by the United States, under the ‘Millennium Challenge Cooperation’ (MCC). The United States established the MCC to counter the growing Chinese influence in the Indo-Pacific sector. Therefore, it is reported that China is exerting immense pressure on […]
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Islamabad: – The International Monetary Fund (IMF) has slapped Pakistan, requesting for a fresh loan of $15 billion, on the face. The IMF has given frank advice that as a country has obtained loan upto 90% in its economy, Pakistan should stop paying its employees to avert an economic crisis, . The IMF also demanded […]
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Brussels: – Ursula von der Leyen, President of the European Commission, while announcing a recovery plan of 750 billion Euros for Europe, to tide over the crisis created due to the Coronavirus pandemic, said that this is a decisive moment for Europe. This announcement by the European Commission is the biggest ever economic package in […]
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New Delhi: Defence Minister Rajnath Singh held a video conference while he inaugurated the Kailash Mansarovar Link Road, connecting Uttarakhand to the Chinese border. Chief of Defence Staff, General Bipin Rawat and Chief of Army Staff, General Manoj Naravane, were present in the conference. The Defence Minister said that this link road would save two […]
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New Delhi: In 2018, the Reserve Bank of India (RBI) had banned all the banks and financial institutions from entering any transactions with any virtual currency including Bitcoins. At present, the Supreme Court of India has lifted the ban on cryptocurrency, in its judgement, in the petition challenging this ban. The government and the RBI […]
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New Delhi: 2020’s Economy Survey Report is published. It is expected that India’s economy will progress with 6 to 6.5% growth rates in the year 2020-2021. Moreover, it is advised that the fiscal deficit will have to be overlooked to give impetus to the development. Chief Financial Advisor Krishnamurthy Subramanian has expressed confidence that the […]
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New Delhi: The Confederation of Indian Industry (CII) has expressed a hope that the Indian economy is expected to rebound in 2020. The CII President said that this would become possible because of the corrective measures taken by the central government and the Reserve bank of India. The CII President said that the negative trend […]
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Israeli Intelligence: One of the best in the world ‘Rafi Eitan’, ‘Eli Cohen’ are a few names which perhaps are known to the Israeli people. However, it may not be the case with the people in the rest of the world. These are, in fact, the names of those heroes who are ‘legends’ in Israel […]
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