New Delhi: The rise in number of bad loans is causing a nuisance for the banking sector in India. The maximum number of bad loans are from Government banks. The government is trying to provide funds to these banks and free them from the clutches of debts. However Raghuram Rajan, Ex-Governor of Reserve Bank of […]
The state of Jammu & Kashmir has suffered losses of around Rs6400 crores owing to curfew and separatist sponsored strikes since the past 49 days. J&K’s economy has tumbled due to unrest in five of its districts, post the killing of terrorist Burhan Wani. Hizbul Mujahideen commander Burhan Wani was killed in an encounter with […]
Yangon : External Affairs Minister, Sushma Swaraj stated that India is committed to Myanmar for its social and economic development and to strengthen democracy. On Monday External Affairs Minister, Sushma Swaraj started her tour of Myanmar. She met Myanmar’s President Htin Kyaw and Foreign Minister Aung San Suu Kyi. During her visit, Myanmar’s leaders assured […]
New Delhi : Relations between India and Maldives have been developing along well in various sectors. Maldives in addition to defense co-operation has requested for India’s assistance to counter terrorism threats too. On 29th August, Maldivian National Counter Terrorism Centre (NCTC) Chief will be visiting India for discussion in this matter. Maldivian Foreign Minister Mohamed Asim said […]
Beijing :Increasing debt, high dependence on government policies and financial aids, over-capacity production in the industrial sector are some of the factors that may have a negative impact on China’s economy; according to International Monetary Fund (IMF) report. IMF has indicated that if suitable economic developments are not done, China’s GDP could see a drop […]
New Delhi : Japan’s decision to invest USD 25 billion in India will take Indo-Japanese ties to new heights said the Railway Minister Suresh Prabhu expressing his trust. He added further that India’s development projects would benefit immensely from this investment on Japan’s part. The bilateral relations between India and Japan have consistently been improving over the […]
Washington / Moscow : Russia, China, Iran, Sweden, Belgium and African nations like Rwanda have recently reported to have been a target of a new Cyber Attack. Various sectors of these countries like military, finance, and scientific research and other important sectors have been targeted under these cyber-attacks. Leading Cyber security companies like Symantec from the […]
New Delhi : India has seen a good 53% increase in Foreign Direct Investment (FDI) over the past two years. It is believed throughout the world that a climate conducive to safe investments in India has been created due to the steps taken to foster the economic growth rate apart from the price stability and […]
New Delhi : Reports of infiltration of Chinese soldiers in Uttarakhand has surfaced and the Chief Minister of Uttarakhand, Mr. Harish Rawat has confirmed the same. On 19th July 2016 the soldiers of Indo Tibet Border Police & intruded Chinese troops had a face off. The Uttarakhand Government has submitted a report to the Central Government. […]
Srinagar : The security forces neutralised four terrorists and captured one alive, near the Line of Control (LoC) in Kupwara district of Jammu and Kashmir. The terrorists are from Pakistan and the one apprehended alive is from Lahore. Union Minister of State for Home Affairs, Kiren Rijiju termed the operation a grand success, stating, ‘this has […]