US to withdraw 9,500 soldiers from Germany  

US to withdraw 9,500 soldiers from Germany  

Berlin: President Trump has approved the plan to withdraw nearly 9,500 US soldiers deployed in Germany. Although an official reaction has not been received from Germany, on this matter, two of the senior members of the German cabinet have expressed concerns over the development. Similarly, other NATO member countries from Europe also have been concerned […]

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Union government introduces equity infusion for the MSME sector   

Union government introduces equity infusion for the MSME sector   

New Delhi/ Mumbai: The government has announced extensive measures for the Micro, Small and Medium Enterprises (MSME) sector that provides employment to 11 crore people and holds 21% contribution to the Indian GDP. On Monday, the Union Ministry approved a package worth ₹70,000 crores for the sector. Besides, it also includes equity worth ₹50,000 crores. […]

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India takes serious cognisance of tension on Chinese border, high-level talks between PM, Defence Minister and Defence Chiefs

India takes serious cognisance of tension on Chinese border, high-level talks between PM, Defence Minister and Defence Chiefs

New Delhi: Prime Minister Narendra Modi, along with National Security Advisor Ajit Doval, held high-level talks with Bipin Rawat, the Chief of Defence Staff (India) and the three Defence Chiefs against the background of the standoff between Indian and Chinese soldiers in the Galwan river valley region. Before this, the three Defence Chiefs also held […]

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RBI reduces repo rate

RBI reduces repo rate

Mumbai: Shashikant Das, the Governor of the Reserve Bank of India (RBI), announced a reduction in the repo rate to 4%, saying that the Gross Domestic Product (GDP) has been severely hit because of reduced domestic demand and the drastic fall in exports. He also announced moratorium for the next three months, bringing major relief […]

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New government policy for public sector: Union Finance Minister Sitharaman

New government policy for public sector: Union Finance Minister Sitharaman

New Delhi: Union Finance Minister Sitharaman announced that the government is forming a new policy for the Public Sector Enterprises (PSE). The Finance Minister was announcing the fifth and final phase of the economic package announced by Prime Minister Narendra Modi. Sitharaman made a huge announcement of privatisation of all PSEs except the strategic sector. […]

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Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

New Delhi: The details of the economic package of ₹ 20 lakh crores, announced by Prime Minister Narendra Modi, were given by Finance Minister Nirmala Sitharaman on Wednesday. The Prime Minister had said that the cottage, home, micro, small and medium industries, employing millions of people, are the firm foundation of the ‘Self-reliant India Campaign’. […]

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Prime Minister announces a package of ₹20 lakh crore, 4th phase of lockdown after the 17th of May

Prime Minister announces a package of ₹20 lakh crore, 4th phase of lockdown after the 17th of May

New Delhi: Prime Minister Narendra Modi, while addressing the nation, stated, ‘We have to defend ourselves in this fight against Coronavirus by remaining alert and must progress too. Looking at the global situation, the only option in front of us is self-reliant, and the resolve for self-reliance has to be bigger than the crisis.’ PM […]

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Unemployment in the US will reach the levels of the Great Depression in 1929  

Unemployment in the US will reach the levels of the Great Depression in 1929  

Washington: Kevin Hassett, the senior economic advisor from the United States, warned ‘The situation in the United States is grim. Nobody should make a mistake of ignoring it. The US economy is in waiting for the biggest and strongest jolt of the century. A major unemployment crisis of a magnitude equal to the 1929 Great Depression […]

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