China supplies faulty COVID-19 testing kits to European countries  

China supplies faulty COVID-19 testing kits to European countries  

Madrid/Ankara: Spain, Czech Republic, Georgia and Turkey have alleged that the Chinese equipment, worth millions of dollars the state had provided to its allies as a medical aid for testing the Coronavirus, was faulty. The countries have alleged that the Chinese testing kits were of inferior quality. Allegations are rife that China was making hay […]

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G-20 to invest $5 trillion in the global economy

G-20 to invest $5 trillion in the global economy

New Delhi: – The international institutions are warning that the growth rate of the global economy will reduce by half, because of the Coronavirus pandemic, which is on a rampage in the world and which has already claimed more than 22,000 lives. Against this background, the G-20 countries have announced an investment of $5 trillion, […]

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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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Chinese requests India not to use the term ‘Chinese Virus’

Chinese requests India not to use the term ‘Chinese Virus’

New Delhi: US President Donald Trump has castigated China over the issue of Coronavirus. President Trump is referring to the Coronavirus as ‘Chinese Virus’ by saying that if China had revealed the information regarding the epidemic in time, the global crisis could have been avoided. China, ruffled by this, has started pleading to India. Chinese […]

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WHO warning to India

WHO warning to India

New Delhi: The World Health Organisation (WHO) has praised the Indian move to impose a lockdown across the country. At the same time, the WHO has also warned that if other necessary measures are not implemented along with the 21-day lockdown, there is a risk of Coronavirus returning in the future and it will be […]

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US files a lawsuit for a compensation of USD 20 trillion from China

US files a lawsuit for a compensation of USD 20 trillion from China

Washington: A leading US group and a company have filed a lawsuit, demanding payment of USD 20 trillion, against the Chinese government, military and concerned organisations in a US court. The group has alleged that China has developed the Coronavirus as a biological weapon. The amount demanded as compensation is three times the Chinese GDP. […]

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‘Corona’ makes Bombay Stock Exchange fall steeply Sensex drops by about 4 thousand points Investors lose ₹14 lakh crore

‘Corona’ makes Bombay Stock Exchange fall steeply Sensex drops by about 4 thousand points Investors lose ₹14 lakh crore

Mumbai: Monday proved to be disastrous day in the history of the Bombay Stock Exchange. Fearing adverse impact on the economy due to the scare of ‘Coronavirus’, which has forced 25 Indian states under lockdown, the stock market saw its largest fall. The BSE sensex fell by almost four thousand points. The entire day saw […]

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US Conspiracy to bring the Iranian economy to a standstill with sanctions, Iranian President Hassan Rouhani

US Conspiracy to bring the Iranian economy to a standstill with sanctions, Iranian President Hassan Rouhani

Tehran: Iranian President Hassan Rouhani alleged that the efforts to stop the Coronavirus epidemic is putting a tremendous strain on the Iranian economy. In this scenario, the United States wants to bring the Iranian economy to a standstill with economic sanctions and this is a part of the larger conspiracy against Iran.’ At the same […]

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Israel should be prepared for an unavoidable lockdown, announces Israeli Internal Security Minister

Israel should be prepared for an unavoidable lockdown, announces Israeli Internal Security Minister

Jerusalem: Israeli Internal Security Minister Gilad Erdan announced that ‘It is necessary to impose a short-term lockdown to win over the Coronavirus pandemic and avoid loss of lives. The Israeli police should be prepared for this.’ The Israeli health ministry too said that a lockdown might be necessary to stop the spread of Coronavirus. Israel […]

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