The International Monetary Fund (IMF) has increased its GDP growth forecast for India for the financial year 2023-24 to 6.1 percent, up by 20 basis points (0.2 percentage point) from its previous projection of 5.9 percent.
The upward revision was attributed to the exceptional growth numbers recorded in the January-March quarter.
North Korea fires two ballistic missiles into the sea off its east coast, following the arrival of a U.S. nuclear-powered submarine at a South Korean naval base – the second such visit in recent days.
As the world faces economic difficulties, such as depleting dollar reserves and uncontrollable devaluation of local currencies, discussions on reducing reliance on the U.S. dollar have gained momentum. Known as "de-dollarization," this shift has become a focal point in global talks.
India has emerged as a prominent advocate of de-dollarization, with the Indian rupee set to become the official currency of South Asia.
As geopolitics intensifies in Indo-Pacific, a United States nuclear-armed ballistic missile submarine (SSBN) made a rare visit to South Korea.
The visit comes as both nations initiated talks to coordinate their responses in the event of a nuclear war with North Korea.
In a strongly worded communique issued during the annual 2023 NATO summit in Vilnius, Lithuania, NATO heads of state expressed concerns over the People's Republic of China's (PRC) challenge to their interests, security, and values through its "global ambitions and coercive policies".
The Prime Minister Narendra Modi announced that India and France have got into an agreement to use India’s flagship payment system UPI in France, to facilitate transaction in Rupee for NRIs and tourists.
Indian Prime Minister Narendra Modi is presently undertaking a two-day visit to France, it comes as both nations aim to assert their maximum "strategic autonomy" in the global political landscape.
The Delhi High Court in India has dismissed PepsiCo Inc's appeal against the revocation of its patent for the FC5 potato variety, grown exclusively for famous Lay's potato chips.
A few weeks after comparing Xi Jinping to “dictators”, US President Joe Biden has disclosed that he warned Xi Jinping against deepening ties with Russia.
Japan has received approval from the International Atomic Energy Agency (IAEA) to proceed with its plan to release wastewater from the Fukushima nuclear plant into the Pacific Ocean.
