Washington: The US Federal Reserve has indicated that the interest rate hike would continue to counter inflation for some time. This claim has caused the US Dollar value to jump compared to other currency rates. The Dollar has reached a 20-year-record hike in the Asian markets. The rise in the value of the US Dollar […]
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Mumbai: The Indian economy will develop at a rate of 7.4 per cent in the fiscal year 2023. Union Finance Minister Nirmala Sitharaman stated that the same growth rate would also continue in its next financial year. With the confirmation from RBI, the finance minister, in a program organised in Mumbai, stated that India will […]
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Bangkok: India’s External Affairs Minister (EAM), Dr S Jaishankar claims that India has convinced the US about its decision to source oil from Russia. The US had registered its displeasure about buying Russian fuel. However, India decided not to be defensive about its choices. While the oil prices are soaring in the international market, India’s […]
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Beijing/Washington: The Chinese dream of becoming the world leader in the semiconductor sector has been shattered. After nearly ten years of effort and an investment of roughly USD 100 billion, China has not achieved the expected success. Due to this, there is intense resentment in the ruling communist regime and President Xi Jinping, and action […]
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New Delhi: India, France and UAE held discussions on cooperation in the Indo-Pacific region. In this discussion, the three countries decided to cooperate on the most critical issues related to the Indo-Pacific region, such as maritime security, regional connectivity projects, energy and food security, and strong supply chains. The Ministry of External Affairs of India […]
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Tokyo: The annual Japanese defence white paper warned that Japan is closely monitoring the Ukraine conflict in eastern Europe and the Chinese activities against Taiwan. Because both these add to the long-term threats to Japanese security. At the same time, indications also have been given that Japan may purchase long-range missiles to augment its defence […]
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New Delhi: The 16th round of discussion to diffuse the tension reigning on the Line of Actual Control (LAC) in Ladakh between the Indian and Chinese army are scheduled to start from Sunday. India has indicated even before the start of the round that the tensions on the LAC will not be diffused unless China […]
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Warsaw: Aija Kalnaja, chief of Frontex, warned that the Russia-Ukraine conflict has affected food grain exports and has caused a food shortage in the African and Middle Eastern countries. The intensity of this shortage is increasing by the day. Therefore, a fresh immigrant influx could be triggered in the coming times.’ It was revealed that […]
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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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London: The United States and Great Britain pointed to the increasing Chinese threat saying, ‘It may sound strange to hear about the Chinese threat. But the threat is real, and the intensity increases by the day. It is necessary to speak openly about this. There is also a need to act against the threat.’ Intelligence […]
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