Moscow/Riyadh/London – The crude oil price has seen a jump after the leading countries of the oil sector, Russia and Saudi Arabia, announced to cut fuel production. On Tuesday, crude oil price crossed the $90 mark per barrel, the highest since November 2022. Analysts have estimated, on the backdrop of this increase, that crude oil […]
Read More »
Oslo: Norway, the owner of the world’s largest ‘sovereign fund’ (investment fund) and Europe’s top economy, has been harmed by zero per cent growth. In the second quarter of 2023, Norway’s economy registered zero per cent growth due to the decline. Norway’s economy recorded a growth rate of 0.2 per cent in the year’s first […]
Read More »
Las Vegas: ‘The US economy is in very good shape. However, China’s financial recession may threaten the US economy. The downturn in China’s economy will majorly impact neighbouring Asian countries. Besides, the US can’t avoid this crisis either,’ US Treasury Secretary Janet Yellen warned. Just a few days ago, US President Joe Biden claimed that […]
Read More »
Beijing: China’s top real estate company ‘Country Garden’ has not paid interest dues on US dollar bonds. This information emerged as the company announced a seven billion-dollar loss in the first six months of 2023. The company has a total debt burden of $200 billion. Besides, it has surfaced that the company does not have […]
Read More »
New Delhi: As an emerging economic power, India should create its own ‘rating’ institution and standard without depending on others for ‘rating’, advised Sanjeev Sanyal. This appeal made by Sanyal, a member of the Economic Advisory Committee to the Prime Minister, is of great importance in the present times. Because in the rating list of […]
Read More »
Washington: On Tuesday, the top international rating agency Fitch Ratings, released a report on the sliding status of the US economy. This Fitch report has strongly impacted the global stock market, including the United States. Asian and European stock markets have suffered huge losses along with major US indices. After the report of Fitch, the […]
Read More »
Washington/Beijing – A leading voluntary group has made a sensational allegation that the Chinese Communist regime provides financial aid to hundreds of public schools in various US states, and many of these schools are close to US military bases. Besides, a think tank named Parents Defending Education has drawn attention with its report on the […]
Read More »
Brussels – The International Monetary Fund (IMF) warned that if the country’s sovereignty is to be protected, cryptocurrency should not get the status of official currency or legal tender. Doing so would threaten the nation’s economic stability or lead to a spike in inflation. Besides, the IMF has urged the concerned countries to make strict […]
Read More »
Washington: The Federal Reserve’s report revealed that with the US citizens withdraw $78 billion from banks in just one week having withdrawn $78 billion from banks in just one week, it has emerged that the US Banking sector crisis is not yet over. In April, people withdrew $100 billion from the leading bank, First Republic. […]
Read More »
Gandhinagar – ‘The India-US bilateral relations have achieved heights like never before. India has become a partner country such that no other country can get its place. The US industrial sector is eager to invest in India and take production and export from India to the world. The US industry sector will make announcements regarding […]
Read More »
