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"Severe breach of international law", says China on US arms sale to Taiwa
Updated : 1 year, 3 months ago IST
Chinese Foreign Ministry's statement comes after the US Department of Defence announced that the Department of State has approved arm sales worth USD 385 million worth to Taiwan.
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New York City pays USD 220 million to rent Pakistan Government-owned hotel
Updated : 1 year, 3 months ago IST
In a post on X, Ramaswamy stated, "A taxpayer-funded hotel for illegal migrants is owned by the Pakistani government which means NYC taxpayers are effectively paying a foreign government to house illegals in our own country. This is nuts."
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India's foreign exchange reserves decline for eighth consecutive week
Updated : 1 year, 3 months ago IST
India's foreign exchange (forex) reserves slumped for an eighth consecutive week to hit a multi-month low of USD 656.582 billion in the week that ended on November 22, data from the Reserve Bank of India (RBI) showed.
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US approves USD 385 million arms sale to Taiwan amid growing tensions with
Updated : 1 year, 3 months ago IST
The United States approved a USD 385 million arms sale to Taiwan on Friday, continuing its efforts to strengthen military relations with the island, a move that has raised concerns in China, Al Jazeera reported. According to the US Defence Security Cooperation Agency (DSCA), the sale, whi
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Indian sports industry likely to reach USD 100 bn by 2027: FICCI-Nangia Nx
Updated : 1 year, 3 months ago IST
FICCI-Nangia Nxt Knowledge Report - 'Future of Sports in India', which was released on Saturday, added that the Indian sports industry is experiencing a period of dynamic growth.
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India signs USD 98 mn loan agreement with Asian Development Bank to boost
Updated : 1 year, 3 months ago IST
India and the Asian Development Bank (ADB) have signed a usd 98 million loan agreement to enhance horticulture crop productivity in the country.
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SA20 season 2 scores big for Soth Africa's economy
Updated : 1 year, 3 months ago IST
SA20 season 2 made a significant contribution to South Africa's economy, generating a total economic impact of USD 238 million towards the GDP. An independent report has revealed key data across employment, contributions to GDP, and direct expenditure, with Season 2's impressive figure surpa
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Manufacturing and services to employ 67% workforce, contribute 75% of GDP
Updated : 1 year, 3 months ago IST
India's nominal GDP is projected to grow from USD 3.5 trillion in 2023 to USD 22.8 trillion by 2047, with an annual growth rate of 7.5 per cent. The services sector is expected to dominate, increasing its contribution to GDP from 54.2 per cent in 2023 to 60 per cent by 2047.
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RIL acquires 21 pc stake in US-based WHI for USD 12 mn through its subsidi
Updated : 1 year, 3 months ago IST
Reliance Finance and Investments USA LLC (RFIUL), a step-down wholly owned subsidiary of the company, November 27, entered into a stock purchase agreement with Wavetech Helium, Inc. (WHI) and subscribed to a 21 per cent stake in WHI for an aggregate consideration of USD 12 million.
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India's pharma market is poised to double by 2030, to hit USD 120 bn: OPPI
Updated : 1 year, 3 months ago IST
India is not just cementing its position as a global innovation hub but is also an economic bright spot amid global uncertainties. Anil Matai, Director General of OPPI, said, "India's robust pharma ecosystem, bolstered by visionary government initiatives, positions the nation as a global
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UAE, Azerbaijan sign MoU worth USD 5 billion to support demining
Updated : 1 year, 3 months ago IST
The United Arab Emirates and the Republic of Azerbaijan signed a Memorandum of Understanding (MoU) worth USD 5 billion to support demining efforts in Nagorno-Karabakh.
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India signs agreement to operationalise solar projects in Fiji, Comros, Ma
Updated : 1 year, 3 months ago IST
This development comes after India committed to invest USD 2 million in new solar projects in these Indo-Pacific countries under Quad Climate Working Group initiative
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