Beijing: While the outbreak of the Coronavirus pandemic and the lockdowns imposed given the pandemic are adding to the discontent of the Chinese population, a more disturbing report has surfaced. It has been exposed that there is a huge growth in unemployment among the youth in the urban regions. The Chinese National Bureau of Statistics […]
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Washington: The rising inflation and declining government expenditure in the wake of the Russia-Ukraine conflict have led to an unexpected slowdown in the US economy. In the first quarter of 2022, US GDP fell by 1.4 per cent. Also, the economy grew by 6.9 per cent in the last quarter of 2021. Against this backdrop, […]
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Dhaka: Indian External Affairs Minister S. Jaishankar visited Bangladesh and held talks with Prime Minister Sheikh Hasina. During the talks, Prime Minister Sheikh Hasina offered the port of Chittagong to India. If India manages the Chittagong port, India’s connectivity to its northeastern states will increase tremendously. Hence, China was eyeing the port of Chittagong, known […]
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Washington: If the Chinese government intends to make its currency Yuan the global reserves currency, they have to implement more reforms. The International Monetary Fund (IMF) advised that China will have to lift restrictions on the capital marketplace and decide to make the currency fully convertible. Gita Gopinath, the Chief Economist at the IMF, gave […]
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Paris: – Emmanuel Macron, who had adopted an aggressive stand against the hypocritical leftist ideology and extremism, was re-elected as the President of France for the second consecutive term. Macron secured 58.55% votes, whereas his opponent, Marine Le Pen, secured 41.45% votes in the elections held on Sunday. After nearly two decades, a French leader […]
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New Delhi: 22,000 students studying in China returned home after the outbreak of Coronavirus in China. China is unwilling to allow these students entry to resume their courses. This has put the education of these students in jeopardy. India has raised this issue during discussions with China on various occasions. As China is not paying […]
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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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Moscow/ Washington: International Monetary Fund (IMF) chief Kristalina Georgieva has warned that prolonged slowdown in the Chinese economy will adversely impact on the global economy. She said that China has a chance to revive its economy; however, it will be important to see what measures are taken. A few days back, the IMF warned of […]
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Washington: India’s Finance Minister Nirmala Sitharaman, during her visit to the US, held talks with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). The IMF chief has praised the performance of the Indian economy even during the turmoil and uncertainty due to the Coronavirus pandemic and the recent Russia-Ukraine war. Finance Minister Nirmala […]
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New Delhi: Reserve Bank of India (RBI) exuded confidence, ‘Comprehensive vaccination campaign, the capacity shown by the economic sector and the significant increase in exports have put the Indian economy in a very sound condition. Therefore, the economy will face the global challenges competently.’ Even the developed countries face challenges in countering the crisis developing […]
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