Russian parliament approves preliminary draft of ‘War Economy’

Russian parliament approves preliminary draft of ‘War Economy’

Moscow: While the Russian military campaign in Ukraine is completing four months, Russia has started preparations to expand the scope of the campaign. The Russian parliament has approved the proposal containing essential provisions related to the War Economy. The proposal has a provision that the Russian companies will have to supply war-related factors. Russian Deputy […]

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India will lead the fourth Industrial Revolution – Union Minister Dharmendra Pradhan

India will lead the fourth Industrial Revolution – Union Minister Dharmendra Pradhan

Hyderabad: Union Education and Skill Development Minister Dharmendra Pradhan expressed confidence that India will lead the fourth Industrial Revolution. He further said that India is ready to play this role. Dharmendra Pradhan was speaking at a function organised by the IIT-H in Hyderabad. A few days ago, Prime Minister Modi claimed that India would lead […]

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Central Government takes important decisions to tackle depreciation of Indian Rupee

Central Government takes important decisions to tackle depreciation of Indian Rupee

New Delhi: Indian Rupee continues to depreciate, causing a significant concern for the government. The Rupee sliding to 79.11 against 1 US Dollar has triggered worried reactions from various sections of society. On Friday, the Rupee gained 12 paise to close at 78.94. Union Finance Minister Nirmala Sitharaman said that she would be in discussion with […]

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PM Modi holds talks with Russian President

PM Modi holds talks with Russian President

New Delhi: Prime Minister Narendra Modi and Russian President Vladimir Putin had a phone conversation. The issue of Ukraine’s conflict was the priority of the discussion on Friday. The Prime Minister’s Office said that the role of India was presented by Prime Minister Modi, saying dialogue and diplomacy would only solve Ukraine’s problems. The Prime […]

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European countries to increase use of coal as an alternative to Russian fuel

European countries to increase use of coal as an alternative to Russian fuel

Berlin/Moscow: Leading European countries are panicking as Russia has reduced the fuel supplies. These European countries announcing ambitious green and renewable energy plans the last month have again turned to coal as an alternative fuel. Leading European countries Germany, Italy, Austria, Denmark, and the Netherlands have started coal-based power projects. The coal imports will be […]

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‘Zero Covid Policy’ affects Chinese industry

‘Zero Covid Policy’ affects Chinese industry

Beijing / Shanghai: The ‘Zero Covid Policy’ being implemented by China to curb the Coronavirus pandemic has led to growing resentment in the industry. Foreign companies operating in China have signalled a reduction in investment as well as manpower. Whereas, many small companies in China are reportedly on the verge of closing down. Besides, analysts […]

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Agreements worth more than $100 billion signed during Economic Forum in Russia

Agreements worth more than $100 billion signed during Economic Forum in Russia

Moscow: According to the Russian media, more than 100 billion US dollars deals were signed at the St Petersburg International Economic Forum, a trade and investment conference held in Russia. This is a significant development against the tough sanctions imposed on Russia due to the Russia-Ukraine conflict. Russia claims that representatives from more than 100 […]

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