Islamabad – Claims are being made in Pakistan that the China Pakistan Economic Corridor (CPEC) is the country’s future. But this project, and also the future of Pakistan, seems to be under threat. The Pakistan government had demanded that China should restructure certain loans given to Pakistan under this scheme. China has dismissed the demand. […]
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Islamabad – Pakistan is looking at the Israel-Hamas conflict as a political opportunity. Pakistan Foreign Minister, Shah Mahmood Qureshi, is preparing to raise the issue of the conflict in Gaza, along with the Turkish Foreign Minister, in the UN Security Council. At the same time, Shehbaz Sharif, the opposition leader in the Pakistan Parliament, has […]
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Islamabad: China refused to release USD 1 billion for the Railway project under the China-Pakistan Economic Corridor (CPEC). The CPEC project is currently stalled, and China is upset with the stand of Pakistan Prime Minister Imran Khan. China is expressing its displeasure in various ways. The Chinese embassy in Pakistan announced that the ruling communist […]
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Mumbai: India faces another lockdown in the wake of the second wave of Coronavirus pandemic. Some states have imposed strict restrictions; the industry sector faces the heat of the situation once again. In this scenario, the Reserve Bank of India (RBI) took some important decisions to provide relief to the industry sector. Taking cognisance of […]
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Mumbai: – Reserve bank of India (RBI) announced its bi-monthly credit policy. Everyone was apprehensive about what decisions the RBI would take in the credit policy, while there is a massive price rise, as the Coronavirus pandemic is rampant again. RBI did not make any change in the interest rates, as expected by the markets. […]
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Islamabad: The time period given to Pakistan for repayment of nearly USD 1 billion from the loans taken from UAE has expired. But the Pakistan finance ministry has expressed confidence that UAE will grant an extension to Pakistan. Pakistan journalists are saying that this is causing more and more embarrassment for the country. At the […]
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New Delhi: – Financial Action Task Force (FATF) has decided to retain Pakistan in the Grey List. FATF President, Dr Marcus Pleyer, announced this decision, saying that Pakistan has not still taken any substantive action to block the funding of the terrorist organisations. FATF had warned that Pakistan needed to fulfil 27 criteria to get […]
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New Delhi: – Indian and Saudi military will soon be holding joint exercises. Indian military contingent will be going to Saudi for the first-ever joint exercises with Saudi Arabia; the exercises will be held in the current fiscal. In December, Chief of Army Staff, General Manoj Mukund Naravane visited Saudi. The joint exercises being organised […]
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Washington/Beijing: – Since the last few months, China is claiming that its economy is coming back on track. A new report says that the real picture is different. The thinktank China Beige Book claimed that the Chinese economy could not return to normal before the end of first quarter of 2021. The report says that […]
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New Delhi: – Following the suicide of five people, an online platform giving quick loans at exorbitant rates had been exposed. After that, the Reserve Bank of India (RBI) issued guidelines to caution the consumers regarding the online apps giving quick loans with minimum documentation. A startling revelation has been made in the Bengaluru Crime […]
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