Beijing – Fresh Coronavirus outbreaks and decline in the investment, retail, hoteling and real estate sectors have once again slowed down China’s economy. In the July-September quarter, China’s economic growth slowed by 0.8 per cent. New figures show that the Chinese economy continued to suffer for two consecutive months in October and November. Analysts are […]
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Geneva / London / Washington – The spread of the Omicron variant is increasing globally. The World Health Organisation (WHO) and the UK have issued warnings. WHO has warned that the rate of spread of Omicron is greater than the previous Delta variant and that the variant is weakening the capacity of vaccines. British Prime […]
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New Delhi – Reserve Bank of India (RBI) governor Shaktikanta Das said that India’s banking industry has tremendous potential. If all the factors are aligned cohesively, the economy will progress rapidly. Moreover, it would provide an impetus to the global economy.’ On Sunday, RBI Governor was addressing a function to launch a program, ‘Depositors First: […]
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Taipei: – As per information received, a meeting was recently held between Brazil and Taiwan to discuss cooperation in the 5G sector. Brazil is known as the main trading partner of China in the Latin American continent. Last year, Brazil had even imported vaccines from China due to the Coronavirus pandemic. Against this background, the […]
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New Delhi – The Corona pandemic crisis has had devastating effects on the economies of China, Russia, India, South Africa, and Brazil. The economy of BRICS countries is still recovering. The BRICS Economic Bulletin claims that the Indian economy has shown the fastest recovery compared to other BRICS countries. BRICS Contingent Reserve Arrangement (CRA) Research […]
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New Delhi: – Indian Finance Minister Nirmala Sitharaman claimed that for the long-term recovery of the global economy, all countries must work together to make progress. Finance Minister Sitharaman made the statement during a virtual meeting of the G20 International Seminar on the global economy against the background of Coronavirus. The G20 is known as […]
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Washington / Beijing – On Monday, US President Joe Biden announced a diplomatic boycott of the Winter Olympics in China. The opposition has heavily criticized Biden’s decision, and former UN envoy Nikki Haley has slammed the boycott as a joke. Even before the US announcement, Lithuania in Europe had also announced a diplomatic boycott of […]
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New Delhi – India’s Chief of Defence Staff (CDS) General Bipin Rawat has warned against biological warfare during an inaugural function of a BIMSTEC event. General Rawat said that biological warfare is evolving to be a new kind of warfare and the countries need to be prepared to tackle it. He added that the military […]
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New Delhi – Despite major upheavals of the last few decades, the friendship between India and Russia has not been affected. Prime Minister Narendra Modi welcomed the visiting Russian President Vladimir Putin, saying that friendly cooperation between the two countries is still intact. President Putin said India is a great power and India’s friendship with […]
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Abu Dhabi: – While China was emerging as a superpower, the United States adopted a moderate policy. China increased its capabilities taking advantage of this change in the US policies since 2008. Indian MEA S. Jaishankar pointed out that this has significantly impacted the Indian Ocean region. While presenting the issue in a diplomatic language, […]
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