2018 has been a bad year for Chinese economy, here’s why
The trend in the last few months gives a clear indication that the Chinese growth story is over. For almost 4 decades, the Chinese economy registered near a double-digit growth but ...
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Madhya Pradesh, Chhattisgarh and Rajasthan on the verge of bankruptcy
Congress party is well known for its ‘Know-it-all’ ministers and ‘Promise-it-all’ manifestos. The party made many unrealistic promises in its manifesto for 2018 assembly elections in Madhya Pradesh, Rajasthan, and Chhattisgarh. MP manifesto ...
Gambling addiction of the Founder leads to Gionee’s bankruptcy
Gionee, a well-known Chinese smartphone manufacturer, has filed for bankruptcy. In a ruling from the Shenzhen Intermediate People’s Court, Gionee’s bankruptcy proceedings moved forward, after 20 suppliers filed an application for ...
Senior Bengal Journalist Suman Chattopadhyay arrested by CBI in chit fund case
On Wednesday, the Central Bureau of Investigation (CBI) arrested senior journalist Suman Chattopadhyay for his alleged involvement in the I-Core Group chit fund scam case in West Bengal. A statement by ...
Another UPA era scam worth 70000 crore involving Airbus and Boeing under the scanner of ED
Amidst a waning “Rafale Scam”, a loud campaign parented by opposition parties which has been more noise and less substance, a long list of UPA era scams and financial wrong-doings have ...
Major irregularities unearthed in Samajwadi pension scheme
In the Samajwadi pension scheme of the previous UP government under Akhilesh Yadav, a scam of billions of Rupees has surfaced. According to a report, a total of 4.50 lakh persons ...
Congress left red faced as Mallikarjun Kharge led committee raps HAL over inefficiency
Congress has often asked why offset deals in Rafale multirole fighter aircraft deal did not go to Hindustan Aeronautics Limited and instead was awarded to Reliance Defense Private Limited. A Public ...
Resignation of Rajapaksa comes as a big setback for China in Sri Lanka
The controversial prime minister of Sri Lanka, Mahinda Rajapaksa has resigned clearing the way for former Prime Minister Ranil Wickremesinghe to be reinstated to the post. On October 26, president of ...
Modi government mulls capital infusion of another 30,000 crore in the banking sector
Modi government plans to infuse another 300 billion rupees in public sector banks (PSBs) as part of its recapitalization programme. In October last year, the finance ministry announced that it will ...
Another success for Modi government, Interpol issues Red Corner Notice against Mehul Choksi
The International Criminal Police Organization (Interpol) has issued a red corner notice (RCN) against the absconding billionaire, Mehul Choksi. On Thursday, the CBI spokesperson Abhishek Dayal said, “The Interpol has issued ...
India retains its position as the top receiver of remittances, says World Bank report
The remittance from migrant workers has always been a big financial help for the people living in the country and the government. The Non-Resident Indians (NRI), people of Indian origin, temporary ...
Now, India can pay Iran in rupees for crude oil imports.
India has recently signed an MOU with Iran to pay in rupees for crude oil imports. Indian refiners will transfer payments in rupees to Indian government owned United Commercial Bank (UCO) ...
