New Delhi: Reserve Bank Governor Shaktikanta Das informed that India is discussing with South Asian countries the use of the rupee for cross-border trade. The governors of the Reserve Bank have said that Bhutan and Nepal are trying to use India’s ‘UPI’ facility to a greater extent. While the pilot project of the Digital Rupee […]
Tokyo/Moscow: It has surfaced that an increase in trade between Russia and Japan has occurred, given the sanctions imposed by the G7, a group of advanced countries in the world, and other western countries. In the first 11 months of 2022, trade between the two countries has reached a whopping $18 billion. It was revealed […]
Moscow: The International North-South Transport Corridor (INSTC), a trade route connecting Russia and Iran through the Caspian Sea, has become operational. It will provide a major impetus to the trade cooperation between Russia and Iran. US-based newspaper Bloomberg has claimed that this trade route will circumvent Western sanctions imposed on Russia-Iran. The newspaper reported that […]
New Delhi: Due to the restrictions of the US and other western countries, obstacles stand before Russia in the manufacturing sector. In such a situation, there were reports that Russia had handed over a list of about 500 products to India and demanded to supply them. Regarding this, Indian External Affairs Minister S. Jaishankar clarified […]
London/Beijing: – British Prime Minister Rishi Sunak warned that the relations between the two countries would not be the same in the future, saying that the United Kingdom needs to change its policy towards China. The golden era of UK-China relations is now over and no one should doubt that. There is also a need […]
Brussels/Paris/Washington: The Inflation Reduction Act introduced by US President Joe Biden is dangerous for European industries. The European Union (EU) has warned of appealing against it to the World Trade Organization. The finance ministers of Europe discussed this issue and decided to oppose it unitedly in a meeting held on Tuesday. Emmanuel Macron, the president […]
Washington: Russia is not a reliable source of energy and security. Some countries have experienced this. India should also start the process of distancing itself from Russia. For this, the United States is ready to give all possible support to India. This will not happen suddenly. But, India may be able to move away from […]
Paris/Washington: Europe has been forced to pay a heavy price for imposing restrictions on Russian fuel imports given the Russia-Ukraine conflict. The displeasure in the European countries on this issue is now coming on the anvil and the French President has directly reprimanded the United States. French President Emmanuel Macron has accused the US Biden […]
Washington: The USD is currently at its highest level in two decades and the rest of the world’s economies are suffering the consequences. The International Monetary Fund (IMF) has warned that the USD’s strength is becoming problematic and its effects are beginning to show. This warning from the IMF is getting support from other countries […]
London: During his tenure as the British Prime Minister, Boris Johnson had expressed his belief that a free trade agreement between India and the UK would be concluded by the coming Diwali. Liz Truss, who was the British Foreign Minister at the time, now has become the Prime Minister of UK and it is claimed […]