Source link The Indian government is expected to give the nod for a domestically designed vessel similar to the INS Vikrant India’s Defense Acquisition Council (DAC) has pre-approved the purchase of a $4.8 billion aircraft carrier, PTI news agency reported on Tuesday, citing unnamed government officials. The outlet added that the vessel would be built […]
Source link Skyrocketing energy prices in light of a Russian gas supply shortfall boosted Norway’s revenues in 2022 Norway raked in record oil and gas revenues last year after the conflict in Ukraine sent energy prices soaring, broadcaster NRK reported on Tuesday. According to the channel, citing research institution NHH, Norway earned 334 billion kroner […]
Source link The outflow follows a huge fine on the exchange and criminal charges against its former CEO in the US The world’s largest crypto exchange Binance saw a sharp uptick in withdrawals after its founder and CEO Changpeng Zhao pleaded guilty to criminal and civil charges in the US, it was reported on Wednesday. […]
Source link The two countries have been ramping up economic cooperation in the face of Western pressure The volume of trade between Russia and China continues to grow and is expected to reach $300 billion by the end of this decade, Russian First Deputy Prime Minister Andrey Belousov has said. Speaking at a meeting of […]
Source link Russia’s current account surplus has increased sharply, propping up the national currency as energy exports recovered despite pressure from Western sanctions, the country’s central bank reported on Tuesday. The current account, which measures the difference between money coming into the country through trade, investment and transfers against outflowing funds, amounted to $53.8 billion […]
Source link Opposition parties have questioned the timing of the prime minister’s move, as two Indian states head to the polls on Friday The administration of Indian Prime Minister Narendra Modi on Wednesday released the 15th tranche of funds in a welfare scheme intended to support 80 million farmers. The fresh money for the government’s […]
Source link Member states are racing to meet their pledge to supply 1 million artillery shells to Kiev by next year The EU has authorized at least €27 billion in direct military assistance to Ukraine since last year, the bloc’s foreign policy chief, Josep Borrell, said, touting the aid as the “highest figure ever reached.” Speaking […]