Tensions escalate on Serbia-Kosovo border in the Balkan region; Serbia increases military deployment at border

Tensions escalate on Serbia-Kosovo border in the Balkan region; Serbia increases military deployment at border

Belgrade/Pristina – Tensions escalate along the disputed Serbia – Kosovo border in the Balkan region of Europe. Local police have cracked down on ethnic Serbs protesting the new laws announced by their Kosovo Government. Serbia has taken an aggressive stance and deployed additional military and tanks on the Kosovo border. President of Kosovo has accused […]

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11 people die of hunger globally every minute due to Corona and increasing conflicts; disturbing report by Oxfam International

11 people die of hunger globally every minute due to Corona and increasing conflicts; disturbing report by Oxfam International

London: – Oxfam International, a voluntary organisation, has presented a disturbing report that the Coronavirus pandemic, increasing conflicts and the problems of climate change are claiming 11 starvation deaths every minute. Oxfam claimed that there is a Hunger pandemic going on in the world along with the Coronavirus pandemic. More than 20 million people are […]

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RBI maintains interest rates to remain the same

RBI maintains interest rates to remain the same

Mumbai: – Reserve bank of India (RBI) announced its bi-monthly credit policy. Everyone was apprehensive about what decisions the RBI would take in the credit policy, while there is a massive price rise, as the Coronavirus pandemic is rampant again. RBI did not make any change in the interest rates, as expected by the markets. […]

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ISRO Chief K. Sivan asserts, Mangalyaan-2 will be orbiter mission

ISRO Chief K. Sivan asserts, Mangalyaan-2 will be orbiter mission

New Delhi: Recently, the Rover launched by NASA landed on the surface of Mars. Around that time, India declared its second Mangalyaan mission. On Saturday, the Indian Space Research Organisation’s (ISRO) Chief, K. Sivan, asserted that India is planning the second Mangalyaan mission. But this will only be an orbiter mission, he clarified. He also said that […]

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Central Government passes ordinance to bring cooperative banks under RBI control 

Central Government passes ordinance to bring cooperative banks under RBI control 

 New Delhi: – Government banks, Urban Cooperative Banks and Multi-State Cooperative Banks have been brought under complete control of the Reserve Bank of India (RBI). The Union Cabinet of Ministers has approved an ordinance regarding this. Last year major scams had been reported from cooperative banks. In Maharashtra, funds of thousands of customers were stuck […]

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RBI reduces repo rate

RBI reduces repo rate

Mumbai: – Shashikant Das, the Governor of the Reserve Bank of India (RBI), announced a reduction in the repo rate to 4%, saying that the Gross Domestic Product (GDP) has been severely hit because of reduced domestic demand and the drastic fall in exports. He also announced moratorium for the next three months, bringing major […]

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Chinese activities inciting and disturbing, US reaction on tension on Indo-Chinese border

Chinese activities inciting and disturbing, US reaction on tension on Indo-Chinese border

New Delhi: The United States has criticised Chinese activities on the Indian border. Alice Wells, US Assistant Secretary of State for South and Central Asian Affairs, attacked China saying that the Chinese activities are inciting, and this only shows how China is misusing its increasing military might. Wells has seemingly supported the Indian stand by […]

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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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