Beijing :The speed of the economic growth rate of China, which had taken a lead in the World economy, seems to have slowed down. According to the Chinese agencies, till 2016, China’s economy somehow managed a growth rate of 6.7%. In the last 26 years, this growth rate could be considered the lowest in China’s […]
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Berlin – Not expecting to get as much support in the 21st century as in the 20th century, Germany will have to raise its own defense expenditure to 2 percent of its ‘ GDP ‘, said German Chancellor Angela Merkel while indicating major changes in Germany’s defense policy. Soon after Chancellor Merkel spoke, the German […]
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Rome/Brussels : European economists and analysts have claimed that as the Italian banking sector is overburdened with a debt of 350 billion, the Italian economy could also tumble down like that of Greece. The Italian economy is the 3rd largest economy in the ‘Eurozone’. The instability of this economy may lead to uncertainty in the entire […]
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50 lakh central government employees to get heavy increment 58 lakh pensioner gets hike in their pensions National treasury will get strained of an additional 1 lakh crore rupees or more. New Delhi, Dated 29th June (News Agency)–The government on Wednesday announced the execution of the recommendations made by the 7th pay commission. With this […]
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“It was rules, not China that prevented India’s NSG membership. Ten members opposed India’s entry to the NSG. But spoilt by the West, self-centred and self-seeking India just refuses to go by the rules. Moreover, it is only to contain China that the US is cosying up to India” says an article in the ‘Global […]
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In order to resolve the migrant crisis the EU has a new proposal that intends to work on the quota system. Member nations who refuse to accept refugees as per the ‘quota system’ will be fined € 250,000 for every refugee refused. Countries of Central and Eastern Europe have completely condemned the plan which they […]
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