Belgrade: President Aleksandar Vucic’s party has won a majority in the parliament and local elections in Serbia. President Vucic is known to be a leader close to Russia. After the mass shooting incident in the Serbian capital in May, a large demonstration was held against Vucic’s government. The US and the European Union warned the […]
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 […]
Sriharikota – India’s ISRO has strengthened its position in the global market for satellite launches. At 9 am on Sunday, ISRO successfully launched 36 satellites belonging to United Kingdom’s OneWeb group. The company informed that it has started receiving signals from all these satellites. For this, ISRO used the ‘LVM3’ rocket and its success is […]
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 […]
Brussels: NATO signalled an increase in its deployment in Kosovo amid rising tensions between the Balkan countries of Serbia and Kosovo. A few days ago, Serbian President Aleksandar Vučić asked for permission to deploy Serbian security forces in Kosovo; after that NATO is said to have started its movements. The tension between Serbia and Kosovo […]
Budapest: Regardless of sanctions imposed by the European Union (EU), Hungary has announced plans to build a pipeline to supply Russian gas to Serbia. Hungary said the decision was made to overcome the sanctions imposed on Croatia. Meanwhile, this decision of Hungary, a partner country of Russia, is seen as a challenge to the European […]
New Delhi: India’s economy is doing well compared to other countries, despite the shocks of huge upheavals at the international level. This is because the country’s economy is built on not one but many foundations. This has created the ability of India’s economy to withstand international shocks, said Ashima Goyal, member of the Monetary Policy […]
New Delhi: Four days ago, the Indian Rupee reached a record low level against the USD. But developments over the last few days indicate that the Rupee is recovering slowly. Still, warnings are being issued that this slide in the Indian Rupee is a cause for concern. The Minister for Economic Affairs reassured the people […]
New Delhi: The Reserve Bank of India (RBI) announced that the use of Indian Rupees is allowed in import and export transactions. Since the Ukraine conflict, nearly a trillion Rupees have reduced the Indian foreign exchange reserves. In this scenario, it will benefit the Indian economy to conduct trades in Indian Rupees. Russia, unable to […]
New Delhi: Reserve Bank Deputy Governor Michael Patra has expressed confidence that India’s required monetary policy tightening will be more moderate than other countries in the coming days. He also claimed that inflation in India would come under control in the coming months. At the same time, the RBI is trying to ensure that there […]