New Delhi – Union Finance Minister Nirmala Sitharaman presented the Economic Survey Report-2022 in the Lok Sabha on Monday. Moreover, the report has expressed confidence that the Indian growth rate for the year 2021-22 will be at 9.2%. The report also predicted that the growth rate for the year 2022-23 would be in the range […]
Dubai / London – Crude oil prices have increased due to a drone strike near the United Arab Emirates (UAE) fuel depot. Crude oil prices have jumped above $87 per barrel in the international market, the highest level in seven years. Earlier, in October 2014, crude oil prices were recorded at more than $87 per […]
New Delhi: – Prime Minister Narendra Modi said, ‘The country’s economic growth rate needs to be accelerated in the new year. In doing so, the Coronavirus pandemic will not be allowed to affect the rate of the country’s development. The country will fight the Coronavirus pandemic with caution. At the same time, care will be […]
Brussels/Moscow – New government in Germany has postponed the decision to approve the Nord Stream-2 pipeline. Two nuclear power plants in France have stopped due to technical reasons, leading to power shortage leading to a massive increase in power tariff across Europe. Last year, the cost of natural gas witnessed a rise of 450% in […]
Kabul/Beijing – A team comprising members of five Chinese companies has reached Afghanistan in search of rare earth minerals worth trillions of dollars. This was reported by China’s official mouthpiece, the Global Times. International analysts have warned that China is trying to find lithium reserves, one of the rarest minerals. China had rushed in with […]
Beijing/Kabul: A US analyst has warned that China could play a cooperative role with the Taliban to control trillions of dollars worth of ‘Rare Earth Minerals’ in Afghanistan. China is already believed to have more than 30 per cent of the world’s Rare Earth Minerals. If it gains control over Afghanistan’s reserves, China could use […]
London/Beijing: – Chinese efforts to dominate natural and energy resources need to be challenged. In an article in a British daily, Robert McFarlane of the United States and Liam Fox of the United Kingdom drew attention to the growing Chinese influence. The former US and British ministers have warned that the United Kingdom cannot remain […]
Juneau: – A week ago, the global marine freight movement had been affected as the freight liner Ever Given got stuck in the Suez Canal. 12% of the worldwide freight movement passes through the Suez Canal. But there is a perceived future threat to the American Suez, meaning the Arctic sector, capable of handling more […]
New Delhi: – The Minister of State for Finance, Anurag Thakur, said it is clearly visible that the Indian economy is rising again, leaving the Coronavirus crisis behind. In February, foreign institutional investment in the country stood at around Rs 25,787 crore. Citing this, the Minister of State for Finance expressed confidence that the country’s […]
Beijing: – The Chengdu city administration in China has gifted 40 million Yuan to its 200,000 citizens. This is the biggest gift given by an administration in China to its citizens. This is because the currency is in digital form. Moreover, China becomes the first country to test the use of digital currency on such […]