China instructs big banks to reduce interest rates to improve economy – indications of debt crisis has become a grave issue

China instructs big banks to reduce interest rates to improve economy – indications of debt crisis has become a grave issue

Beijing – The ruling communist government of China has informed the leading banks of the country to reduce the interest rate. Reduce the interest rate from half to one per cent, it has been said in this information, a Western newspaper has said in its news. For the second time in the last year, the […]

Read More »

Signs of China’s ‘Africa Policy’ in trouble due to the Sudan Conflict

Signs of China’s ‘Africa Policy’ in trouble due to the Sudan Conflict

Beijing/Khartoum: Over the past decade, China has emerged as the largest credit lender for African countries. The increasing demand for fuel and other natural resources and the ambition to become a global superpower is said to be behind China’s economic policy. Until the last decade, the picture of China’s policy being successful stood at the […]

Read More »

US transferred seized Russian funds to Ukraine – Attorney General Merrick Garland  

US transferred seized Russian funds to Ukraine – Attorney General Merrick Garland  

Washington/ Kyiv: After the Russia-Ukraine conflict began, the US and Western countries imposed large-scale sanctions on Russia. It also included actions to freeze and confiscate the assets of Russian entrepreneurs and citizens. The Ukrainian regime demanded that the seized assets and funds be given to them as compensation. This demand has been supported by the […]

Read More »

Japan PM Kishida visits South Korea given the rising threat from China & North Korea

Japan PM Kishida visits South Korea given the rising threat from China & North Korea

Seoul/ Tokyo: After 12 years, Japanese Prime Minister Fumio Kishida visited South Korea. The visit of the Japanese Prime Minister will attract attention in the background of the growing threat of China’s activities and North Korea’s nuclear program. In a joint press conference during the visit, the two leaders announced that diplomatic relations and meetings […]

Read More »

India’s relations with China not normal – Foreign Minister S. Jaishankar

India’s relations with China not normal – Foreign Minister S. Jaishankar

Banavali: Chinese Foreign Minister Qin Gang has said that the situation on the LAC between India and China was stable. During the SCO meeting, the Chinese Foreign Minister claimed their country’s relations with India were stable. ‘India-China relations are not normal and cannot be normal if peace and tranquillity in border areas are disturbed. We […]

Read More »

South Korea and Indonesia to exclude US dollar from bilateral trade – sign MoU to promote bilateral transactions in local currencies

South Korea and Indonesia to exclude US dollar from bilateral trade – sign MoU to promote bilateral transactions in local currencies

Seoul/ Jakarta: South Korea and Indonesia, among the five leading economies in Asia, have decided to transact in local currencies. A meeting of both countries’ central banks was recently held in South Korea. On this occasion, an agreement was signed to use the local currencies ‘Won’ and ‘Rupiah’ instead of the US dollar in trade […]

Read More »

India’s economic growth is being recognised across the world – Finance Minister Nirmala Sitharaman

India’s economic growth is being recognised across the world – Finance Minister Nirmala Sitharaman

New Delhi/Seoul – Economists have not agreed on whether there will be an economic recession this year. But there seems to be a consensus among economists that the Indian economy will progress the fastest. It is claimed that the supply chain crisis associated with manufacturing will also affect the economies of major countries worldwide. However, […]

Read More »

Russia’s gold production surges amid Russia-Ukraine conflict

Russia’s gold production surges amid Russia-Ukraine conflict

Moscow – Despite the various sanctions imposed amid the Russia-Ukraine conflict, Russia has managed to increase its gold production. In 2022, Russia produced 320 tons of gold from its mines. After that, the increase in production was reported in the first three months of 2023, according to the Russian agency ‘Rosstat’. Gold production increased by […]

Read More »

India, which is buying massive amounts of crude oil from Russia, is supplying fuel to European nations – a firm providing fuel transactions data claims

India, which is buying massive amounts of crude oil from Russia, is supplying fuel to European nations – a firm providing fuel transactions data claims

New Delhi – India’s refined fuel export to European countries has increased to 3,60,000 barrels per day. Due to this, India seems to have overtaken Saudi Arabia, which supplies fuel to European countries. Kepler Data, which records fuel transactions, gave this information. At the same time, ‘Kepler Data’ has also said that Russia’s fuel oil […]

Read More »
1 13 14 15 16 17 112