Washington: Union Foreign Minister Nirmala Sitharaman said, ‘India is celebrating the Amrit Mahotsav of independence. It has been 75 years since India became independent and now the period till the 100th year will be the golden period. The Non-Resident Indians (NRI) should partner in the development with their contributions’. Finance Minister Nirmala Sitharaman, who is […]
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Washington: – Leading financial institution Goldman Sachs warned that the position of the USD as the leading international currency is under threat. Goldman Sachs has warned in its Research Note that the harsh sanctions imposed against Russia and the foreign debt in the US economy will result in USD losing its importance. The leading financial […]
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Washington/Beijing: – Stocks of Chinese companies fell to record lows in the US stock markets. The decline continued for three consecutive days on Friday, Monday and Tuesday, with Chinese companies claiming more than 200 billion dollars in losses. The decline for Chinese companies appears to be the biggest jolt since 2008. These companies include companies […]
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Beijing/Washington: – The ruling Chinese regime has launched a vigorous move to prevent Chinese companies from listing on the US stock markets for raising capital. A few days ago, a Chinese company, Didi Inc., was listed on the New York Stock Exchange and submitted an IPO. Within days of the IPO, Chinese authorities took action […]
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New Delhi: The Union government announced that the revenue collected under Goods and Services Tax (GST) has reached a record level of Rs 1.24 trillion. There is an increase of a substantial 27% as compared to March last year. The GST collections of more than Rs 1 trillion consistently for the previous six months indicates […]
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New Delhi: – The Minister of State for Finance, Anurag Thakur, said it is clearly visible that the Indian economy is rising again, leaving the Coronavirus crisis behind. In February, foreign institutional investment in the country stood at around Rs 25,787 crore. Citing this, the Minister of State for Finance expressed confidence that the country’s […]
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Hyderabad: Indian foreign exchange reserves have crossed $590 billion. In contrast, the total Indian foreign debt stands at $544 billion. Union Minister of State for Finance, Anurag Thakur expressed satisfaction saying that India has joined the Net Creditor countries’ ranks. In the last one year, Thakur pointed out that there has been a substantial rise […]
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New Delhi: – Renowned US Institution, Oxford Economics, has claimed that the Indian economy is returning to normalcy faster than expected. At the same time, reports have been published that foreign investors have made investments of USD 351.09 billion in the first 13 days of November. There are positive indicators in the Indian economy. Various […]
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New Delhi: China has remembered international laws after the Indian government imposed a ban on Chinese apps. China said that the Indian action is a blatant violation of the rules laid down by the World Trade Organisation (WTO). China has reacted by stating that the Indian action does not fall in the purview of even […]
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Bhubaneshwar: – ArcelorMittal group, the largest steel manufacturing company has drawn out a plan to invest ₹20 billion in Odisha. LN Mittal, Chairman and CEO of the ArcelorMittal group, said that he had discussions, through teleconferencing, with Odisha Chief Minister Naveen Patnaik, regarding investment in Odisha. This investment of the ArcelorMittal group in Odisha becomes […]
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