India’s finance minister warns against cryptocurrencies

India’s finance minister warns against cryptocurrencies

Washington – Union Finance Minister Nirmala Sitharaman, currently visiting the US, reiterated India’s firm stance against cryptocurrencies. Sitharaman said that by taking a stand against cryptocurrencies at the right time, we cannot let our efforts to save the economy go to waste. Finance Minister Sitharaman was speaking at the event organised at the headquarters of […]

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Indian banking sector is capable of dealing with crisis caused by insolvency of US & European banks – RBI governor Shaktikanta Das

Indian banking sector is capable of dealing with crisis caused by insolvency of US & European banks – RBI governor Shaktikanta Das

Washington – The world is worried after the bankruptcy of Silicon Valley Bank-SVB of the United States and the Credit Suisse of Switzerland. Warnings are being given that some more banks in the United States and Europe will go bankrupt in the future. Due to this, some economists have warned that an even worse economic […]

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International Monetary Fund (IMF) advises countries to learn from India about digital infrastructure

International Monetary Fund (IMF) advises countries to learn from India about digital infrastructure

New Delhi – The IMF has prepared a report titled ‘Staking up the Benefits: Lessons from India’s Digital Journey’, which praises India for creating the digital infrastructure of global standard. India has changed the lives of millions of Indians and helped transform the economy. The IMF advises other countries to learn from India. India initiated […]

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Arunachal Pradesh was and will remain an integral part of India – India’s External Affairs Ministry warns China  

Arunachal Pradesh was and will remain an integral part of India – India’s External Affairs Ministry warns China  

New Delhi – China once again mocked India by changing the names of 11 places in Arunachal Pradesh. But this renaming by China is useless, as Arunachal Pradesh was and will continue to be an integral part of India, India’s Ministry of External Affairs warned. External Affairs Ministry Spokesperson Arindam Bagchi reminded that China had […]

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India’s foreign trade with other countries set to surpass $1.6 trillion despite challenging international conditions – GTRI report

India’s foreign trade with other countries set to surpass $1.6 trillion despite challenging international conditions – GTRI report

New Delhi: At a time when the world is in the shadow of an economic slowdown, India’s trade with other countries in the fiscal year ended March 2023 seems to have touched $1.6 trillion, according to a Global Trade Research Initiative (GTRI) report. GTRI pointed out that the total trade with other countries is 48 […]

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Hundreds of American banks are insolvent – leading economist Nouriel Roubini warns

Hundreds of American banks are insolvent – leading economist Nouriel Roubini warns

Washington – Leading economist Nouriel Roubini gave a sensational warning that hundreds of banks in America have already gone bankrupt. In an article written under Project Syndicate, Roubini warned that US banks could lose up to 80 percent of their available capital through unrealized losses. In just one week last month, three US banks went […]

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Stock markets fall due to interest rate hike by Federal Reserve and ‘Bank of England’.

Stock markets fall due to interest rate hike by Federal Reserve and ‘Bank of England’.

Washington/London – International investors have lost billions of dollars in the last few days due to the crisis in the banking sector in the United States and Europe. Despite this awareness, the world’s leading central banks have once again announced an increase in interest rates. In the last 24 hours, US ‘Federal Reserve’ and the […]

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Xi Jinping’s decisions have marked the end of China’s reform era – Deng Xiaoping’s policies have been discontinued, experts claim

Xi Jinping’s decisions have marked the end of China’s reform era – Deng Xiaoping’s policies have been discontinued, experts claim

Beijing – A few days ago, Xi Jinping took the reins as the President of China for the third time at the ruling Communist Party’s convention. Western analysts are claiming that the decisions taken by Xi Jinping while taking over these positions have marked the end of the reform era of China’s former supreme leader […]

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Global stock markets plunge after Federal Reserve chief Powell’s statement

Global stock markets plunge after Federal Reserve chief Powell’s statement

Washington: The economic figures that have emerged in the last few days indicate a stronger economy than expected. Therefore, Federal Reserve chief Jerome Powell warned that the increase in interest rates in the near term could be higher than previously estimated. Powell’s statement has strongly impacted the global stock market, and several indices have seen […]

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