Washington: – The United States announced the withdrawal of the Missile Guidelines imposed on South Korea in the last four decades. This will allow South Korea to develop Intercontinental Ballistic Missiles. This announcement was made during the meeting of US President Joe Biden and South Korean President Moon Jae-in. At the same time, an announcement of […]
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New Delhi: – The lithium batteries required in the Electric Vehicles (e-vehicles) will be manufactured indigenously in the next six months. Union Road Transport and Highways Minister, Nitin Gadkari, claimed that on this foundation, India would become the leader in manufacturing e-vehicles in the times to come. Union Minister Gadkari expressed this confidence during a […]
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Sana: The Houthi rebels warned, ‘If Turkey deploys its soldiers in Yemen to intervene in Yemen’s civil war, Turkey also will have to face dire consequences just like Saudi Arabia. Turkey will not be spared.’ A Lebanese newspaper had claimed around a week ago that Turkey and Saudi Arabia’s relations are improving, and the Turkish […]
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Brussels: While the intensity of the Coronavirus pandemic is increasing in Europe again, indications are that Europe is also faced with major crises even on the economic level. A European think tank has said in its report that more than 6 million jobs were lost in the economic slowdown due to the Coronavirus pandemic last […]
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Taipei: Analysts in Taiwan appealed that trade with China is declining after China lost Western countries’ confidence in the Huawei matter. Therefore, semiconductors, necessary in the manufacture of defence equipment and cars, are falling short in the market. This is a huge opportunity for Taiwan; it should leverage it to enter the global supply chain […]
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New Delhi: India has crossed an important landmark of $500 billion, in Foreign Direct Investment (FDI), over the last 20 years. In terms of Indian rupees, India has succeeded in attracting FDI of ₹37 trillion. There has been a major spurt in the FDI since the year 2015-16. Since the last five years, FDI worth […]
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New Delhi: – The union cabinet of Ministers decided to announce ‘Production Linked Incentive’ (PIL) scheme to encourage domestic productivity. This scheme has a provision of ₹1.46 trillion (USD 20 billion). This scheme can prove beneficial for achieving the target of making India into a global manufacturing hub. It is also claimed that the scheme […]
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New Delhi: Experts claimed that following the battle with the Coronavirus, the bullish trend is returning to the Indian economy. The experts pointed to the reports, giving positive indications regarding the economy, received during the last two days. The PMI index of India has been upgraded for the third successive month. There is an improvement […]
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Mumbai: – Maharashtra government has signed Memorandums of Understanding with 12 multinational companies worth ₹160 billion, under the ‘Magnetic Maharashtra 2.0’. These investments will create employment opportunities. Moreover, confidence has been expressed that this will also provide an impetus to the industry sector. ‘Magnetic Maharashtra 2.0’ was inaugurated in the presence of Chief Minister Uddhav […]
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Berlin: – A European study group issued a serious warning that the German economy will slide to the lowest level, worse than the state after the second world war, because of crashing exports, in view of the Coronavirus pandemic. Study group ‘Institute for Economic Research’ (IFO) has said that the German economy has declined by […]
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