Washington: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), warned that the situation developing in the last three months is darkening the future of the global economy. The threats for the economy are increasing and the possibility of the Global economy being hit by recession in the next year cannot be denied.’ The […]
Brussels: In the wake of the Russia-Ukraine conflict, the Eurozone, a part of Europe, has witnessed a record spike in inflation. Eurostat reported that in June, the Eurozone recorded an inflation rate of 8.6 per cent. This is the highest level since the Eurozone was formed. After the outbreak of the Russia-Ukraine conflict, it was […]
Hyderabad: Union Education and Skill Development Minister Dharmendra Pradhan expressed confidence that India will lead the fourth Industrial Revolution. He further said that India is ready to play this role. Dharmendra Pradhan was speaking at a function organised by the IIT-H in Hyderabad. A few days ago, Prime Minister Modi claimed that India would lead […]
Madrid / Beijing: China’s ambitions and repressive policies threaten the security and interests of the leading countries in NATO, the Strategic Concept document, considered NATO’s ‘blueprint’, has warned. This is the first time that NATO has explicitly mentioned China’s threat in its strategic framework. There are indications that NATO will focus on Asia to stop […]
Munich: Prime Minister Narendra Modi announced that India would lead the fourth Industrial Revolution. The Prime Minister expressed this confidence while addressing the Indian diaspora in the German city of Munich. The Prime Minister made this announcement by citing the rapid progress made by India in various sectors over the last few years. There was […]
Tiruppur: Union Commerce Minister Piyush Goyal has expressed confidence that India’s economy will jump to $30 trillion in the next 30 years if it maintains a growth rate of 8 per cent per annum. The commerce minister confidently said that the Indian economy, currently at $3 trillion, can reach these heights in three decades. Some […]
Washington: US President Joe Biden has warned that a new epidemic is underway. Additional provisions must be made to counter the new epidemic. Earlier, the World Health Organisation (WHO) had warned that an epidemic more dangerous than the Coronavirus pandemic would hit the world. The World Health Network (WHN) warned that Monkeypox spreading in certain […]
Beijing / Shanghai: The ‘Zero Covid Policy’ being implemented by China to curb the Coronavirus pandemic has led to growing resentment in the industry. Foreign companies operating in China have signalled a reduction in investment as well as manpower. Whereas, many small companies in China are reportedly on the verge of closing down. Besides, analysts […]
London: British Prime Minister Boris Johnson claimed that the proposed free trade agreement signed by United Kingdom with India would be the most significant trade agreement. The deal is expected to be finalised by Diwali, and Prime Minister Johnson expressed confidence that the agreement could be signed even earlier. These statements made by the British […]
New Delhi: ‘The Indian economy, which is currently at $3.3 trillion, will grow to $5 trillion in the 2026-27 fiscal year. In the financial year 2033-34, the Indian economy will jump to $10 trillion,’ said Chief Economic Advisor Anantha Nageshwar. Analysts across the world agree that India is progressing at a promising pace at a […]