New Delhi – Union Minister of Telecom and IT, Ashwini Vaishnaw, announced the launch of a quantum computing-based telecom service in New Delhi’s capital. Vaishnaw said that this is the first telecom service of its kind in the country. Also, Ashwini Vaishnaw has said that a new announcement will be made in India on the […]
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Washington/London – International investors have lost billions of dollars in the last few days due to the crisis in the banking sector in the United States and Europe. Despite this awareness, the world’s leading central banks have once again announced an increase in interest rates. In the last 24 hours, US ‘Federal Reserve’ and the […]
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Washington: Former Lehman Brothers official has warned that more than 50 banks in the US are likely to face bankruptcy if the structural problems are not addressed. Lehman Brothers, one of the largest banks in the US, collapsed in 2008, which triggered a worldwide economic recession. Lawrence McDonald, a former executive of Lehman Brothers, has […]
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Beijing/ Washington – In the background of the sanctions imposed by the US and the increase in interest rates, it is coming to light that China has sold a large amount of US bonds. In January 2022, US debt securities were equal to $1.03 trillion. By the end of January 2023, the value of US […]
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London/Washington/Moscow – After the Russia-Ukraine conflict began, the United States took the initiative to impose sanctions on the economy, including sanctions on Russian oil. Claims were made by leading officials and analysts, including the US President, to prevent the Ukraine conflict by smashing the Russian economy. However, it has not made much difference even after […]
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Washington/London/Tokyo – Despite the assurances given by President Joe Biden in the wake of the US banking crisis, uncertainty among global investors still remains. This has had a strong impact on global stock markets, including the US and stocks in the banking sector have taken a huge hit. In the US alone, banks suffered losses […]
Read More »Washington – It revealed that Signature Bank went bankrupt in the United States, followed by Silvergate and SVB. The third US bank failure in a week signals that the country’s banking sector was in trouble. Against this backdrop, President Joe Biden claimed, on Monday, the US banking sector was safe. However, former US President Donald […]
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Washington/ Jerusalem – The US announced sanctions on 39 Iranian companies related to drones and energy truncations. This announcement came after Lloyd Austin, the US Secretary of Defence, met with Israeli Prime Minister Benjamin Netanyahu during his visit to Israel. It is claimed that there were stark differences between the two in the meeting over […]
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Washington: The economic figures that have emerged in the last few days indicate a stronger economy than expected. Therefore, Federal Reserve chief Jerome Powell warned that the increase in interest rates in the near term could be higher than previously estimated. Powell’s statement has strongly impacted the global stock market, and several indices have seen […]
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New Delhi: In February, India bought more than 1.6 million barrels per day of oil from Russia. Earlier, Saudi Arabia and Iraq supplied the most oil to India. However, in February, India bought more oil from Russia than the total fuel imported from Saudi Arabia and Iraq. It has come to light that India’s fuel […]
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