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Saturday, September 7, 2024
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India

India implements immediate Import Restrictions on Laptops, Tablets and Computers

The Indian government has introduced immediate restrictions on the import of laptops, tablets, and personal computers to boost local manufacturing and reduce dependency on foreign imports.

India’s Resolute Presence in Nagorno-Karabakh Conflict: A Strategic Review

According to reports from Azerbaijan news platforms, India's indigenous Pinaka multi-barrel rocket launchers have been delivered to Armenia via Iran, sparking diplomatic protest from its arch-rival, Azerbaijan.

“India’s Growth Story” Continues: IMF upgrades FY24 GDP Growth forecast to 6.1%

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.

IW Explainer: “Indian Rupee set to become Official Currency of South Asia”

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.

IW Explainer: “NATO’s Eastward Expansion into the Indo-Pacific”

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".

India and UAE MoU to establish Rupee-Dirham trade mechanism, bypassing US Dollar

Indian Prime Minister Narendra Modi's visit to Abu Dhabi marked a significant milestone as India and the United Arab Emirates (UAE) solidified agreements to facilitate trade settlements in their local currencies, the Indian Rupee (INR) and UAE Dirham (AED).

Expanding global footprints: France adopts India’s UPI Payment System

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.

Modi’s France visit: advancing “Strategic Autonomy” together

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.

UN Report – ‘India lifted 415 million people out of Poverty, In just 15 years’

United Nations (UN) on Tuesday announced that India has achieved a significant reduction in poverty, with a staggering 415 million individuals successfully emerging from poverty within a just 15-year span.

IW Explainer: Can BRICS Currency truly challenge the global dominance of US Dollar?

A recent tweet by the Russian Embassy in Kenya suggests that BRICS countries are considering introducing a gold-backed trading currency to challenge the global dominance of the US Dollar.
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