New Delhi/Washington: The Central government has adopted a new E-Commerce policy to try and save the small and retail traders in India. It is being claimed that this will be a jolt to the foreign E-Commerce companies attracting customers with substantial discounts. Reactions about the matterare being received directly from the United States. The United […]
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Beijing – The Chinese Communist regime’s economic advisor warned that if the problem of rising unemployment in China is not handled properly, it will have serious social consequences beyond the financial arena. He also warned that the unemployed youth might pose a political threat. He said that multinational companies have been retreating from China after […]
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Washington: – The Zero Covid policy implemented by President Xi Jinping in China for the past few months along with the real estate crisis are going to affect the Chinese economy. There is a possibility of China’s economy taking a hit of five trillion dollars in the coming five years when Xi Jinping will continue […]
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New Delhi: ‘To the extent that India is progressing, the country’s challenges will also increase. Countries at the forefront of different fields may feel that India should not progress in its field. This competition can eventually take the form of enmity. We have to be prepared to face this. While facing challenges like terrorism and […]
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New Delhi: The central government is making special efforts to ensure that international transactions happen in Indian Rupee (INR). Union Finance Minister Nirmala Sitharaman has said that Reserve Bank has taken necessary steps in this regard. Moreover, Sitharaman gave this information in a written reply to a question asked in the Lok Sabha. Last month, […]
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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 […]
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Washington: The Bloomberg website posted an article highlighting the increasing debt burden on the developing countries, causing defaults in repayments. This will push the countries on the defaulter list, which will have political and social consequences. The article cites the situation in Lebanon and Sri Lanka and warns that Pakistan, Tunisia, Egypt, Ghana, and El-Salvador […]
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New Delhi: Indian Rupee continues to depreciate, causing a significant concern for the government. The Rupee sliding to 79.11 against 1 US Dollar has triggered worried reactions from various sections of society. On Friday, the Rupee gained 12 paise to close at 78.94. Union Finance Minister Nirmala Sitharaman said that she would be in discussion with […]
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New Delhi: Union Finance Minister Nirmala Sitharaman launched the Single Nodal Agency (SNA) Dashboard on Tuesday. This is part of the Iconic Week celebration of Amrit Kaal of India’s independence. While speaking at the ceremony, Sitharaman expressed confidence that the new SNA Dashboard will bring a significant change just like Aadhaar Card, COVIN App and […]
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Beijing: Effects of the strict implementation of the Zero COVID Policy by the Chinese government have started showing in the Chinese economy. During a meeting on Thursday, Chinese President Xi Jinping announced that the Zero COVID policy would continue under any circumstances. At the same time, he also indicated that the Chinese population would have […]
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