Moscow: A Russian news channel claimed that the global economy would take a blow to the tune of USD 20 trillion because of climate change. This claim is based on the reports published by various international groups, experts and insurance companies, over the last few months. The report says that the housing, fuel, tourism and […]
Washington/ Beijing: Just as U.S. President Donald Trump signalled his intent on signing a trade agreement with China, there are signs of an impending new war between the two countries. Reports in the international media suggest that even though the trade war might have temporarily stopped, but both the countries are preparing for a huge […]
Hong Kong: The heat of the Hong Kong protests, continuing for the more than last six months seems to be increasing by the day. The Hong Kong agitators have taken an aggressive stance against the Chinese traders and industries, operating in Hong Kong and are demanding that they should leave the city. Protests have started […]
New Delhi: The Confederation of Indian Industry (CII) has expressed a hope that the Indian economy is expected to rebound in 2020. The CII President said that this would become possible because of the corrective measures taken by the central government and the Reserve bank of India. The CII President said that the negative trend […]
New Delhi: The measures taken by the government for the public sector banks reeling under the pressures of non-productive loans, have been implemented successfully as Union Finance Minister Nirmala Sitharaman claimed that 13 banks had declared profits in the first six months of this year. The Finance Minister gave this information after the meeting with […]
Moscow/Washington: Russian President Vladimir Putin warned the United States that Russia will complete the ambitious Nord Stream 2 project, despite the sanctions imposed by US President Donald Trump. A European company announced its withdrawal from the project, within a few hours of the imposition of sanctions. Therefore, there is a possibility that the project may […]
New Delhi: The share market, though had remained sluggish for the past few months, has accelerated momentum at the end of the year. Even so, the latest data reflects the faith of the investors in mutual funds as the mutual funds industry witnessed an overall sturdy inflow in equity and debt schemes. In the year […]
Washington: A senior US official warned that the Chinese investment in its ambitious One Belt One Road (OBOR) project could collapse like a house of cards and a few emerging economies also will be devastated in that. Europe, Japan, Australia and India, along with the United States, have challenged the Chinese OBOR project and expeditious […]
Moscow: The Russian government claimed that it was successful in testing an exclusive internet service for Russia, severing all the connectivity with the global internet. The government informed that the trials were conducted last week in which state-run agencies, Russian internet service companies as also enterprises providing local internet services participated. The Russian government passed […]
Washington/Moscow: US President Donald Trump signed the proposal for imposing sanctions against the ambitious Nord Stream 2 gas pipeline between Russia and Germany. European company ‘Allseas’ withdrew from the project, within hours of the signing of the order. This withdrawal has rocked the project and Russia, as well as Germany, have fired strong salvos of […]