Japan increases defence spending for 9th successive year to counter rising Chinese aggression

Japan increases defence spending for 9th successive year to counter rising Chinese aggression

Tokyo: Against the background of the Coronavirus, aggressive Chinese domination activities are continuing, and Japan is making intense preparations to counter them. On Monday, Japan announced a provision of nearly USD 52 billion for the defence sector. This is an increase of 1.1% over the last year. This is the ninth successive year of growth […]

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Prime Minister Oli dissolves Nepal parliament; opposition slams decision

Prime Minister Oli dissolves Nepal parliament; opposition slams decision

Kathmandu: Nepalese Prime Minister KP Sharma Oli, announced the decision to dissolve the national parliament. Nepalese President Bidyadevi Bhandari has accepted the proposal submitted by Prime Minister Oli and announced that elections would be held in April and May next year. Opposition parties, as well as the members of the ruling party, criticised the decision of Prime […]

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India will strongly retaliate if its sovereignty is challenged, Rajnath Singh warns China, Pakistan

India will strongly retaliate if its sovereignty is challenged, Rajnath Singh warns China, Pakistan

Hyderabad: The Defence Minister warned ‘India wants to resolve all the issues through discussions. India expects peace. But India will not tolerate any attack on its sovereignty and will not hesitate in retaliating strongly against it. China has shown its real face during the Coronavirus pandemic. The Defence Minister issued a stern warning to China […]

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US blacklists 59 Chinese companies

US blacklists 59 Chinese companies

Washington: – US Secretary of State, Mike Pompeo had warned that the US campaign against China has still not ended. On Friday, the United States blacklisted 59 Chinese companies endorsing the Pompeo statement. The blacklisted companies include the chip manufacturing giant SMIC and DJI the drone manufacturing company. The United States took this action accusing […]

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ISRO launches communication satellite 

ISRO launches communication satellite 

Sriharikota: – Indian Space Research Organisation (ISRO) launched CMS-01 communication satellite on Thursday. This is the second ISRO mission during the Coronavirus period. This satellite will replace the GSAT-2 communication satellite launched 11 years ago. This will strengthen the telecommunications further. This satellite will play an essential role in making the C-band services available in […]

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Investors panic as defaulters rise in China

Investors panic as defaulters rise in China

Beijing: Despite the coronavirus pandemic, China’s economy was forecast to show a minimal growth while key sectors were said to have gained momentum. However, the projection is believed fake and several Chinese companies have declared bankruptcy or have defaulted on loans. From January to October this year, Chinese state firms defaulted on bonds worth $6 […]

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