Kolkata: India is on track to become a three trillion dollar economy by the fiscal year 2022-23. India’s economy will reach seven trillion dollars in the next seven years, the country’s Chief Economic Adviser, V Anantha Nageswaran, has said. Nageswaran made this claim while speaking at the economic forum of Merchants’ Chamber of Commerce & Industry […]
Tehran: Iran’s Revolutionary Guards have begun a major exercise in Hormuz and the Gulf of Oman. This exercise has been organised to counter any attack or infiltration attempt on Iran in the coming times. Meanwhile, Iran’s senior military officers had warned that if the United States and Israel tried to attack Iran in any way, […]
Washington/Moscow: ‘I don’t think anyone likes it. We don’t know how far it will go. Today, it’s Russia. But tomorrow, that can change, and it could be a global price cap. That would be extremely serious,’ warned Oman’s Minister of Fuel, Salim Al-Aufi. Oman is a leading country in OPEC, an organisation of fuel-producing countries, […]
Washington: The USD is currently at its highest level in two decades and the rest of the world’s economies are suffering the consequences. The International Monetary Fund (IMF) has warned that the USD’s strength is becoming problematic and its effects are beginning to show. This warning from the IMF is getting support from other countries […]
Washington/Geneva: Slowdown in the Chinese growth rate and falling economic output in the United States are deepening the grip of recession in Europe. The fuel crisis in Europe, dependent on Russian fuel, will continue in the coming times. The President of the World Bank, David Malpass, warned that the economic recession crisis is hovering over […]
Washington: ‘The bilateral cooperation between India and the US is not limited to maintaining the interests of our own countries. The relations between these democratic countries positively impact the whole world,’ said External Affairs Minister S Jaishankar. While concluding his US tour, Jaishankar highlighted the importance of India’s relations with the US. Jaishankar pointed out […]
Riyadh: Saudi Arabia’s King Salman bin Abdulaziz Al Saud declared Crown Prince Mohammed bin Salman as the country’s new prime minister. All the sources of Saudi are, thus, already focused on Crown Prince Mohammed. In such a situation, there are indications that Prince Mohammed bin Salman is preparing to take a unique turn in Saudi’s […]
Geneva: A recently published report by the UN highlights the sad reality of nearly 50 million people worldwide trapped in slavery. About 10 million have been added in the last five years. The UN report also mentions the atrocities against Uyghurs and other minority groups in China. According to the report, women and children have […]
Riyadh: Indian External Affairs Minister S Jaishankar asserted that strategic cooperation between India and Saudi Arabia is a matter that guarantees mutual expansion, prosperity, stability, security and development. Jaishankar is on a three-day visit to Saudi Arabia. During this visit, the Indian Foreign Minister signed a memorandum of understanding with the ‘Gulf Cooperation Council-GCC’, the […]
Brussels: Due to flaring inflation and declining productivity, the European continent is predicted to be hit by the economic recession. Despite this threat of recession, the European Central Bank, the central bank of the European Union, has increased the interest rate by an unprecedented 0.75%. The impact of this interest rate hike has started to […]