Colombo: Sri Lankan Energy Minister Kanchana Wijesekera said that they had appealed other nations to assist with fuels. But to date, only India has come forward to make loans available to Sri Lanka for fuel purchases. India has assured all the possible assistance to Sri Lanka, grappling with the crisis, to bring the country to […]
Paris: French President Emmanuel Macron has warned that the people of France should start saving electricity now. Otherwise, they will face a big crisis in winter. Macron also alleged that Russia is using fuel exports as a weapon of war and may cut off fuel supplies completely. Besides, the French President assured that the French […]
Washington: The US had threatened to impose sanctions against India for purchasing the S-400 Triumph air defence system from Russia. The Biden administration had warned that sanctions could be imposed on India under the law ‘Countering America’s Adversaries Through Sanctions Act-CAATSA’. But, the US Congress passed a resolution to exclude India from these restrictions. Member […]
Washington: Fear of global recession and increasing spread of Coronavirus caused a fall of about 10% in the crude oil rates in two days. The fall has brought the crude oil rates below USD 100 per barrel level. This is the first decline in crude oil rates since the start of the Russia-Ukraine conflict at […]
Washington: Inflation index in the United States has reached 9.1%, becoming a record for the last four decades. Since 1981, this is the first time that inflation has crossed 9% in the United States. The US agencies claimed that along with the increasing fuel and food grain prices, obstacles in the supply chain also is […]
New Delhi: – ‘Russian President Vladimir Putin has said that in the future, a country that is at the forefront of artificial intelligence will rule the world. India does not want to rule the world, India looks at the world as a huge family. Nevertheless, the country should make rapid progress in the field of […]
Washington: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), warned that the situation developing in the last three months is darkening the future of the global economy. The threats for the economy are increasing and the possibility of the Global economy being hit by recession in the next year cannot be denied.’ The […]
New Delhi: On the backdrop of the G-20 summit, Indian External Affairs Minister S. Jaishankar held talks with the foreign ministers of the United States, Russia, France and Saudi Arabia. Jaishankar said he had open discussions with US Secretary of State Antony Blinken over global challenges. The US Secretary of State has said that India […]
Washington: The common US citizen is feeling the heat of the unprecedented inflation given the incorrect policies of President Joe Biden. It has been exposed that US citizens have been forced to spend nearly $114 billion from their Rainy-Day Savings’. At the same time, a report of the Federal Reserve states that an ordinary US […]
New Delhi: India and Iran discussed the Chabahar port being developed by India in Iran and the situation in Afghanistan. These discussions between Indian Foreign Secretary Vinay Kwatra and the Iranian deputy minister for political affairs Ali Bagheri-Kani, become significant. Iran has made a route reducing the distance between India and Russia for freight transport. […]