China expresses displeasure about the amendment to FDI norms by India  

China expresses displeasure about the amendment to FDI norms by India  

New Delhi: – Changes made by India in the Foreign Direct Investment (FDI) norms, to keep a tab on the investments, by opportunistic China and to safeguard the interest of the Indian industry, have not turned out well. China is spewing fire at the Indian decision. It has said that the changes made by India violate international regulations. Moreover, it also hopes that India will […]

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Relations between the UK and China will not normalise even after the end of Coronavirus crisis, stern warning by the British Foreign Minister

Relations between the UK and China will not normalise even after the end of Coronavirus crisis, stern warning by the British Foreign Minister

London: British Foreign Minister Dominic Raab made China aware of the stark reality in piercing words ‘The relations between the United Kingdom and China will not normalise in the future, even after the Coronavirus crisis has ended. US President Donald Trump is accusing that China is responsible for the Coronavirus pandemic and it is now […]

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Iran cannot be locked down for long, despite the Coronavirus threat, Iranian President Hassan Rouhani  

Iran cannot be locked down for long, despite the Coronavirus threat, Iranian President Hassan Rouhani  

Tehran: – The Coronavirus pandemic has claimed 4,357 lives, in Iran, so far. More than 70,000 cases of the pandemic have been reported from Iran. Although the pandemic will attain dangerous proportions in the near future, the Iranian government has decided to continue with the economic transaction to a certain extent. Iran is also faced with […]

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Abe government will financially help companies coming out of China

Abe government will financially help companies coming out of China

Tokyo: The Japanese, Shinzo Abe government announced a special financial package for the companies thinking of exiting from China because of loss of production. Abe government clarified that financial assistance up to $2.2 billion will be available for Companies bringing the manufacturing to Japan or shifting them to some country other than China. This Japanese […]

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RBI announces major cut in interest rates

RBI announces major cut in interest rates

Mumbai: – The Reserve Bank of India (RBI) made some important announcements on Friday, given the effects of the Coronavirus pandemic, on the Indian economy. RBI reduced the REPO rate by 0.75% and the reverse REPO rate by 0.90%. This will reduce the EMIs for car and home loans, bringing major relief to the borrowers. […]

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Prominent Middle East countries announce financial aid of USD 46 billion, given the increasing Coronavirus impact.  

Prominent Middle East countries announce financial aid of USD 46 billion, given the increasing Coronavirus impact.  

Riyadh/Cairo: It is evident that the impact of the Coronavirus pandemic is increasing in the Middle East countries and the number of cases, has reached nearly 15,000. Against this background, the prominent Middle East countries have declared a financial aid for measures to control the pandemic. Saudi, the UAE and Egypt together announced an aid […]

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