New Delhi – Union Finance Minister Nirmala Sitharaman announced that India’s Gross Domestic Product, i.e. GDP, has reached $3.75 trillion. By sharing this information on social media, the Finance Minister has drawn attention to the issue that the US, China, Japan and Germany are ahead of India. India, which had a GDP of $2 trillion […]
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Washington: – An international financial institution, S&P Global Ratings, has forecast the global debt to reach 260% of the GDP and warned of an increase in defaulter companies on defaulters. S&P Global Ratings noted that the policies announced by various countries during the Coronavirus pandemic are the main reason for the rising debt burden. Although […]
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Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]
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Tokyo/London – After the start of the Russia-Ukraine war, the economies of the ‘G7’ group, which have been warning of weakening the Russian economy by imposing sanctions on the country, are weakening. A few days ago, it became evident that Europe’s top economy, Germany, has slipped into recession. Now, both Japan and the UK have […]
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Moscow/Kyiv: On the background of a ‘hybrid war’ started by Western countries, Russia has given priority to the readiness of its nuclear weapons, and President Vladimir Putin has indicated that Russia’s ‘nuclear forces’ are on high alert. There are indications that Russia is on the verge of winning the Russia-Ukraine war, and President Putin has […]
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Oslo: Norway, the owner of the world’s largest ‘sovereign fund’ (investment fund) and Europe’s top economy, has been harmed by zero per cent growth. In the second quarter of 2023, Norway’s economy registered zero per cent growth due to the decline. Norway’s economy recorded a growth rate of 0.2 per cent in the year’s first […]
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Washington – The international study group, Institute of International Finance (IIF), has warned that the debt burden on the world economy has reached $305 trillion. The IIF pointed out that factors such as the increasing ageing population in developed countries, growing expenditure on the healthcare sector, additional provision for defence due to geopolitical tensions and […]
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Moscow: In the wake of the Russia-Ukraine conflict, Western countries are imposing sanctions on Russia, one after another. Western countries claimed these sanctions would cripple Russia’s economy and stop the Russian regime from attacking Ukraine. But in reality, information is coming out that the weapon of sanctions of the West has become useless. Russian media […]
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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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San Diego/London – The United Kingdom has announced a major increase in its defence spending to counter Russia’s invasion of Ukraine and unprecedented challenges from China. Prime Minister Rishi Sunak announced that the UK had provided an additional $6 billion in defence spending in the next two years. At this time, the UK has released […]
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