The US becomes India’s largest trading partner in 2021-22. Earlier China was the largest trading partner. This reflects the strong economic ties between the two countries. Trade experts believe that bilateral trade with the US will continue to grow in the coming years as India and the US continue to strengthen their economic ...
Read More »EU plans to completely ban Russian oil and gas
European Commission President Ursula von der Leyen’s latest resolution calls for sanctions on many more Russian high-ranking officials and individuals. These people have been accused of being involved in war crimes. European Commission President Ursula von der Leyen has proposed a complete ban on imports of Russian oil and natural gas ...
Read More »IMF revises India’s growth forecast to 8.2%
Indian Finance Minister Nirmala Sitharaman is on a visit to America these days. There he also held meetings with IMF and World Bank officials. Meanwhile, India is being praised a lot. While IMF MD has said that the country’s high growth rate is good news for the world, on the ...
Read More »IMF says, Russia may become a debt defaulter
The International Monetary Fund (IMF) said that the real possibility of Russia becoming a defaulter has arisen. If Russia becomes a defaulting country, then the economy of many other countries associated with it is also bound to come under fire. After waging war with Ukraine, its economic health has started deteriorating ...
Read More »Apple to stop services and product sale in Russia
Apple, Inc. has taken action against Russia amid the ongoing war in Ukraine. Apple has announced a ban on the sale of all products in Russia. Apple has removed Russian news apps RT and Sputnik from the App Store. Earlier, the company had banned the service of Apple Pay in Russia. According to a ...
Read More »Mask is not required for fully vaccinated workers, Walmart says
On Friday, Walmart said that fully vaccinated workers will no longer have to wear masks unless state or local regulations require it. The change is effective immediately, the giant retailer said in a memo to its employees. It further added in its memo that unvaccinated employees should continue to wear ...
Read More »Biden opens $5 billion funds to expand EV charging network
Washington: The Biden administration will announce on Thursday how they will credit USD 5 billion to expand the electric vehicle charging stations in the state in the next five years. The administration wants to push Americans to move away from gasoline-powered vehicles, even as efforts in Congress to get enough ...
Read More »SoftBank posts US$251 million profit in Q3; Arms deal falls
On Tuesday, SoftBank Group Corp. reported a net profit of 29 billion yen ($251 million) for the October to December quarter, as tech portfolio valuations weakened at its Vision Fund unit. On Tuesday, SoftBank Group Corp. reported that it had cut the net profit of 29 billion yen ($251 million) ...
Read More »OnePlus is conquering Europe – and setting a new record
It is always exciting to see how smartphone manufacturers divide the market among themselves. The Chinese manufacturer OnePlus can now draw attention to itself with impressive figures for Europe. And even breaking records with it. After OnePlus struggled with negative headlines in the past few weeks, we are now receiving ...
Read More »Google loses to appeal against EU antitrust fine worth $ 2.8 Billion
Antitrust experts say Google could also face defeat in appeals against two other decisions related to its Android mobile operating system and AdSense advertising service, because of strong EU arguments. The Alphabet unit of the giant tech company Google has received a major setback from the European Union court. Google ...
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