Because of the impact of the Russo-Ukraine war, the United Nations has reduced India's growth forecast by two percent to 4.6 percent for 2021-22. Earlier, the growth rate was estimated to be 6.7 percent.
The United Nations said on Thursday that due to the Ukraine-Russia war, fuel supplies to India may be affected. This can lead to a jump in fuel prices. Also, factors like trade restrictions, food inflation, tough policies, and concerns about stability on the financial front can affect the Indian economy. Along with this, it has reduced the global economic growth rate estimate from 3.6 percent to 2.6 percent, considering the increased risk on the economies of the world.
Fears of a deep recession in Russia this year
The report said that Russia may face a deep recession this year, while the growth rate of some countries of Western Europe and Central, South, South-East Asia may also slow down. According to the report, Russia's economy may shrink by 7.3 percent, compared to the earlier forecast to grow at 2%.
Center will make crypto rules tighter, finance bill will be reformed
The government said on Thursday that it will tighten regulations on cryptocurrencies so that no losses can be set off in it. For this, the Finance Ministry has proposed to amend the Finance Bill-2022.
According to what has been circulated to the Lok Sabha members for reforms in the Finance Bill, the ministry will remove the word 'other' from the set-off column of the virtual digital asset's deficit.
LokSabha Polls: Bangalore Police sent summons to BJP President JP Nadda-Amit Malviya, asked to come to the police station within seven days
In Karnataka, Bangalore Police has sent a summons to BJP President JP Nadda and the party's IT cell chief Amit Malviya. The action has been taken in connection with a social media post
Coronavirus: COVID-19 cases are increasing in Singapore and Hong Kong, What is the situation in India? Know
Health officials in India are keeping an eye on reports of a rise in COVID-19 cases in Singapore and Hong Kong. However, official sources on Monday claimed that the current coronavirus situation in
IND vs AUS: Ashwin's best performance in SENA countries came in day-night Tests, will he get a chance in Adelaide?
A five-match Test series is being played between India and Australia. In the first match played in Perth, Team India won by 295 runs. After the strong performance of the batsmen, the Indian fast
'You will not become the leader of Hindus like this...', why did Mohan Bhagwat get angry over the new temple-mosque controversies?
Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat has expressed concern over the re-emergence of several temple-mosque disputes. He said that after the construction of Ayodhya's Ram temple, some
Maharashtra Rain: Maharashtra flooded; roads submerged, houses submerged, four people died amid heavy rain
Continuous rains continue to wreak havoc in many cities of Maharashtra. The situation has gone from bad to worse in Mumbai, Pune, Palghar, and many other places. Public transport services in the state
US Nashville School Attack: The attacker had bought seven guns, and the shooter was identified as transgender
There have been new revelations in the shooting case at the school in Nashville, USA. According to information, the assailant had legally purchased seven guns in recent years. He kept all the guns
CBI will not investigate the case of children's death due to cold syrup, SC rejects the petition
Several children died in Madhya Pradesh and Rajasthan after consuming toxic cold-cough syrup. The case has reached the Supreme Court. A PIL was filed in the apex court demanding a CBI investigation
Why did Allu Arjun want to finish shooting for 'Pushpa' soon? The actor told the heart-touching reason
Telugu star and National Award winner Allu Arjun has recently completed the shooting of his most awaited film, 'Pushpa 2: The Rule'. Currently, the actor is busy promoting the film. Amidst all this,
Special bodyguards accompany on foreign tours to collect excreta of Vladimir Putin: Report
When Russian President Vladimir Putin goes on a foreign tour, he is accompanied by special bodyguards, whose work you may be surprised to know. According to the report, these special bodyguards
NZ vs AUS: Tim Southee and Kane Williamson uniquely celebrated the 100th Test, and came to the field with their children.
Kane Williamson and Tim Southee played their 100th Test together on Friday. Both the legendary players of New Zealand came to the field along with their children and celebrated the unique celebration
