Indian economy will reach $10 trillion in a decade, claims Chief Economic Adviser  

Indian economy will reach $10 trillion in a decade, claims Chief Economic Adviser  

New Delhi: ‘The Indian economy, which is currently at $3.3 trillion, will grow to $5 trillion in the 2026-27 fiscal year. In the financial year 2033-34, the Indian economy will jump to $10 trillion,’ said Chief Economic Advisor Anantha Nageshwar. Analysts across the world agree that India is progressing at a promising pace at a […]

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Excellent performance by Russian economy despite harsh sanctions imposed by the West

Excellent performance by Russian economy despite harsh sanctions imposed by the West

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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Sanctions imposed on Russia by the West have caused Global Economic Crisis: Russian President Vladimir Putin 

Sanctions imposed on Russia by the West have caused Global Economic Crisis: Russian President Vladimir Putin 

Moscow: Russia’s President Vladimir Putin has warned that sanctions imposed on Russia by the West over the Ukraine conflict have led to a global economic crisis, food shortages and starvation among several developing countries. Russia is facing tough sanctions, and its economy is slowly recovering, he said. Amid Putin’s claims, Russia’s currency, the Ruble, has […]

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China must implement reforms if it intends to make Yuan global currency, advises Gita Gopinath, Dy. MD of IMF

China must implement reforms if it intends to make Yuan global currency, advises Gita Gopinath, Dy. MD of IMF

Washington: If the Chinese government intends to make its currency Yuan the global reserves currency, they have to implement more reforms. The International Monetary Fund (IMF) advised that China will have to lift restrictions on the capital marketplace and decide to make the currency fully convertible. Gita Gopinath, the Chief Economist at the IMF, gave […]

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NRIs should partner in Indian development: Union Finance Minister Nirmala Sitharaman

NRIs should partner in Indian development: Union Finance Minister Nirmala Sitharaman

Washington: Union Foreign Minister Nirmala Sitharaman said, ‘India is celebrating the Amrit Mahotsav of independence. It has been 75 years since India became independent and now the period till the 100th year will be the golden period. The Non-Resident Indians (NRI) should partner in the development with their contributions’. Finance Minister Nirmala Sitharaman, who is […]

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US Congress evacuated due to security agency error; House of Representatives speaker condemns

US Congress evacuated due to security agency error; House of Representatives speaker condemns

Washington: Major shortcomings were newly exposed in the US security system, equipped with the world’s most advanced and state-of-the-art technology. Misinformation provided by security agencies forced a hasty evacuation of the US Capitol on Wednesday. House of Representatives Speaker Nancy Pelosi has slammed the mistake saying it was insulting and unforgivable. On September 11, 2001, […]

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India settled Russian fuel bill in USD

India settled Russian fuel bill in USD

New Delhi: – The United States had warned that the Indian fuel purchase from Russia does not fall under the purview of the US sanctions. But the Indian purchase of fuel from Russia, the aggressor on Ukraine, at a concessional rate will be noted in history.’ The warning does not seem to have had any […]

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Credibility of USD and Euro declines due to sanctions against Russia: President Vladimir Putin

Credibility of USD and Euro declines due to sanctions against Russia: President Vladimir Putin

Moscow: Russian President Vladimir Putin retorted ‘Many Western countries have decided to freeze Russian funds and assets. But the decision has resulted in the USD and Euro biting the dust.’ Putin has repeatedly questioned the USD’s credibility and has appealed to find an alternative for it. But the Russian President seems to have delivered a […]

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