New Delhi – The bi-monthly credit policy review meeting of the Reserve Bank of India (RBI) was held. The meeting decided not to change the repo and reverse repo rates for the seventh time in a row. The country’s economy slowed down during the Coronavirus pandemic. During this period, the RBI had decided not to […]
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Caracas – The Venezuelan government plans to devalue its currency by six zeros as a measure to counter a six-year recession and a 2,000% rise in inflation. According to the plan, the 100-bolivar note will be the highest valued currency note from October. Moreover, its actual value will be 100 million bolivars. It is also […]
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Beijing – The 12th round of talks between Indian and Chinese military officials was recently held to defuse tensions on the Line of Actual Control (LAC) in Ladakh. The joint statement was released, and at the same time, a video of the conflict in the Galwan Valley was broadcast on Chinese social media and news […]
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Beijing – A new outbreak of the Coronavirus epidemic has erupted in China. A lockdown has been imposed in the Haidian area after Coronavirus patients were found in the capital, Beijing. Seven cases have been reported in Wuhan, following Beijing. Coronavirus outbreaks have been reported in 18 provinces, including the two cities, and it is […]
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Washington/Beijing – Ron Insana, an analyst from the United States, has warned that the crackdown on its own big companies by the Chinese ruling communist regime could undermine China’s position as an economic superpower. China is the world’s second-largest economy, and the ruling communist regime is threatening the “business model” that led to its rise, […]
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New Delhi – The government has no plans to print more currency notes to alleviate the financial crisis caused by the Coronavirus, Finance Minister Nirmala Sitharaman said. The finance minister made this revelation while answering a question in the Lok Sabha. Stating that the fundamentals of the Indian economy are powerful, Finance Minister Sitharaman assured […]
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London: – British Finance Minister Rishi Sunak hinted at launching a digital currency called ‘Britcoin’. In this regard, the UK Finance Department and the Central Bank’ Bank of England’ set up an independent task force a few months ago. Against the backdrop of Corona and Brexit, the British economy is likely to develop a crisis. […]
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Kathmandu: – Nepal’s new Prime Minister Sher Bahadur Deuba has announced that India-Nepal relations will be strengthened further. After becoming the Prime Minister, Deuba was congratulated by the Prime Minister of India, Narendra Modi. Thanking for this, the Prime Minister of Nepal has indicated that Nepal will give the highest priority to its relations with […]
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Cape Town: President Cyril Ramaphosa made a serious accusation that the extreme violence, which erupted in South Africa, is part of a pre-planned plot by enemies of the country’s democracy. Ramaphosa also claimed that attempts to overthrow the ruling regime in South Africa had been foiled. Violent riots have erupted in the country over the […]
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Beirut: – Lebanon’s Prime Minister-designate Saad Hariri has resigned, saying ‘President Michelle Aon’s demands are unacceptable. Henceforth let the only god take care of the country’. Hariri’s resignation was followed by violent protests and arson in the capital, Beirut. The Lebanese pound has fallen to record levels against the US dollar in international markets. Meanwhile, […]
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