United States President Joe Biden and Indian-American Vice President Kamala Harris congratulated Indian-origin US executive Ajay Banga on taking charge as president of the World Bank.
Tag: Economy
People around the world celebrate Earth Day 2023
Celebrating Earth Day on April 22, people around the world have geared up for events and information about the environmental impact we have had on our planet.
NRIs remit highest ever USD 107 billion in FY 2022-23: RBI Governor
The Governor of the Reserve Bank of India in a statement announced that inward gross remittances from the NRI for FY 2022–23 had reached a record high of USD 107.5 billion.
India has become fastest-growing major economy despite challenges: Modi
Indian Prime Minister Narendra Modi yesterday virtually addressed the US ‘Summit for Democracy’ at a leader-level plenary.
Japan PM Fumio Kishida arrives in India; set to discuss defense, tech deals
Japanese Prime Minister Fumio Kishida arrived in New Delhi today morning to explore ways to boost bilateral ties in a range of areas, including defence and security, trade and investment, and high technologies.
Biden invites Sunak to White House; likely to discuss fostering economic ties
US President Joe Biden invited British Prime Minister Rishi Sunak to the White House in June.
Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC
After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors.
US President proposes doubling down on financial aid to Pakistan
US President Joe Biden has proposed to double the economic support fund to cash-strapped Pakistan to USD 82 million for the fiscal year 2024.
China pegs lowest economic targets in decades
China announced one of its lowest economic growth targets in years, kicking off meetings of its rubber-stamp parliament set to hand Xi Jinping a third term as president.
BJP government vs George Soros: What all parties are saying
This week, the headlines were all about the feud between billionaire investor George Soros and the BJP government over the former’s comments on the recent report by short seller Hindenburg Research on the Adani Group, and Gautam Adani’s connections with Prime Minister Narendra Modi.
