Paris: It will be ensured that the United States does not treat the European Union as inferior to its neighbours Canada and Mexico. European countries will never tolerate such behaviour. German Chancellor Olaf Scholz has indicated that European countries have taken an aggressive stance against the United States’ ‘Inflation Reduction Act’. On Sunday, France and […]
Davos: 99% of the Cryptocurrencies today are pure frauds and scams. Cryptocurrency is a criminal activity. Cryptocurrency is a bubble of fraudulent financial schemes that will burst soon, warned leading US economist Nouriel Roubini. In an interview on the background of the ongoing World Economic Forum in Davos, Europe, Roubini criticized the crypto sector. A […]
Davos – The World Bank and International Monetary Fund (IMF) have warned that the world will face a recession in 2023. There has been a new addition to these regular warnings of a global recession received at certain intervals. The World Economic Forum – WEF report also warned that a global recession would be this […]
New Delhi: Tension has arisen between India and China over the LAC from Ladakh to Tawang in Arunachal Pradesh. Surprisingly, this tension has not affected the trade between India and China. The annual bilateral trade between India and China has crossed $135 billion. At the same time, India’s trade deficit has exceeded $100 billion. These […]
Kolkata: India is on track to become a three trillion dollar economy by the fiscal year 2022-23. India’s economy will reach seven trillion dollars in the next seven years, the country’s Chief Economic Adviser, V Anantha Nageswaran, has said. Nageswaran made this claim while speaking at the economic forum of Merchants’ Chamber of Commerce & Industry […]
New Delhi: India is uniquely poised and emerging as a lucrative investment opportunity backed by robust local demand driven by a huge population and supported by transparent government policies and law. Commerce Minister Piyush Goyal has urged the Indians residing in the US to disseminate information to encourage investments in India effectively. Commerce Minister Piyush […]
Indore: Artificial intelligence, blockchain technology and cloud computing have become the ABCs of the world’s future. Union Information and Broadcasting Minister Anurag Thakur said that this technology would be very important in the future and Indians can lead the world on this front. Thakur delivered this message while addressing the 17th Pravasi Bharatiya Diwas ceremony […]
Washington: ‘Cryptocurrency has no value. Investors should sell the currency before it depreciates. Because Cryptocurrency is on the verge of extinction soon,’ warned US economist and investor Peter Schiff. Schiff also mentioned the ‘FTX’ scam in the cryptocurrency sector. The value of cryptocurrencies has fallen drastically in the wake of other scams, including FTX. The […]
Bern/Moscow: A recent report from Swiss Customs has revealed that Switzerland has imported a significant amount of gold from Russia, despite the embargo on such imports. It has come to the fore from the information provided by the Swiss Customs agency Switzerland had imported 6.4 tons of Russian gold in November. Even earlier in May, […]
Washington/Beijing: The Inflation Reduction Act-IRA has come into effect in the United States from January 1. This will hit fellow countries that trade heavily with the US. Especially the companies in European countries in the vehicle manufacturing sector and the companies in the semiconductor industry will have to bear the loss due to this. Thus, […]