Tehran: – Following the warnings for military attacks and Snapback sanctions, by US President Donald Trump, Iran has threatened the United States, its allies in the Middle East, along with the European countries. A senior official from the Iranian Revolutionary Guards threatened that the United States and all those who assisted the United States, in […]
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Male: – India disbursed an aid of USD 25 crores to the Maldives, on Sunday. India is providing this assistance to recover the Maldivian economy, which crashed due to the Coronavirus crisis. It was revealed that the Maldivian economy, entangled in the Chinese debt trap, was sinking. The Maldives fears that it will be in […]
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New Delhi: Union Finance Minister Nirmala Sitharaman said ‘Foreign investors are showing faith in the Indian economy. That is the reason for the Direct Foreign Investment of $20 billion even during the Coronavirus Crisis.’ Union Finance Minister Nirmala Sitharaman also said ‘The Indian government is committed to making the necessary economic reforms to attract foreign […]
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Beijing: The Chinese banking sector is suffering a knockdown as the debt is on the rise amid Covid pandemic phase. It is being said that in the first half of 2020, five major Chinese banks faced a 10% drop; they suffered a loss worth $220 bn. This factor will greatly affect the Chinese economy, and […]
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New Delhi: India, Japan and Australia have joined hands to isolate China, on the international level and to reduce dependence on Chinese goods. India, Japan and Australia will be establishing an independent network for a reliable supply chain for the products from the Indo-pacific sector. Till now, China dominated the supply of manufactured products in […]
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New Delhi: The Indian economy seems to have taken a major hit due to the lockdown, imposed for control of the Coronavirus pandemic. The Indian GDP has declined by 23.9% in the April-June quarter. This is the biggest slide in the history of Indian economy. The economists and analysts have warned that the decline will continue for the next two quarters too, and therefore […]
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Washington/Moscow: Former US military officials and analysts have claimed that if Russia attacked the European countries, the United States could turn the tables on Russia by targeting its freight carrier ships all around the globe. The military movements of Russia and the European countries have increased in the Arctic region, and indications of a new […]
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Beijing: – China has accused that the sanctions imposed by the United States on Hong Kong are not only against China and the United States but also against the entire world. US President Donald Trump has withdrawn the special status awarded to Hong Kong and has imposed sanctions against 11 leaders from China. It is […]
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New Delhi: – The Indian Skyroot Aerospace company successfully tested the Upper State Rocket engine. This is the first rocket engine developed by an Indian private sector company. The Engine has been named ‘Raman’, after the Indian Nobel laureate scientist CV Raman. Recently, the decision to open up the space sector to the private sector […]
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New York/London: The gold rate spurted on Tuesday against the background of the Coronavirus pandemic, enormous funding by the central banks of various countries and the rising tension between the United States and China. In the transactions in the US markets, the value of gold jumped by 1.7%, reaching the historic high of USD 2,021 […]
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