RBI Rupee international market

India keen on Establishing Rupee in The World Market Through UPI Mode

The Indian government is taking a visionary step to resist dollar aggression and establishing rupee in the world market through bidding of its own monetary form of the rupee. As the dollar is dominating the world economy, many problems are being faced by India. For example, in the recent tussle between Russia and Ukraine, Russia…

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semi conductor plant in Gujarat

India eyeing its first very own semiconductor plant keeping the next generation economy in mind

Semiconductors play a significant influence on how our lives are lived because of their use in the production of electrical devices. Imagine a world without technology. Radios, TVs, computers, video games, and subpar medical diagnosis tools wouldn’t exist. Vacuum tube technology may be used to create a variety of electronic devices, but advancements in semiconductor…

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Why Tulsi Gabbard quits democratic party and compared Biden with Adolf Hitler?

Tulsi Gabbard left Democratic party by saying that the party is now controlled by “Elitist Cabal of Warmonger”. She also compared Joe Biden with German authoritarian leader Adolf Hitler during an election campaign.    She said both Biden and Hitler share similar mindset. Let’s try to understand why she said this to US President Joe Biden….

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Protest in Pakistan Occupied Jammu Kashmir and Gilgit Baltistan: Increasing Anti-Pakistan Sentiments

The part of Kashmir occupied by Pakistan is kept behind closed doors and have no connection with modern and developed world. The local population several times had raised their voices for mismanagement of resources by Pakistani government. The people living in POK do not have access to modern education and health facilities. People are struggling…

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Why Ghulam Nabi Azad resigned from Congress? Why it is good news for BJP?

Introduction Veteran politician Ghulam Nabi Azad resigned from all the posts of Indian National Congress on Friday 26th Aug, 2022. In his resignation letter he pointed out number of reasons including Rahul Gandhi’s sudden decision to step down as party president after 2019 general elections. After Ghulam Nabi Azad’s resignation, 5 more party leaders from…

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Water shortage will be the reason for next global crisis: Explained

Water crisis around the world is not new to us. There are several countries and areas in our planet which faces deficit of fresh water. Billions of people do not have access to water which is one of the most essential elements of life. Global warming and population growth are the main reasons behind this…

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India to acquire TU-160: The most Dangerous strategic bomber from Russia

We all know that Indian Air Force is the fourth largest air force in the world. But it does not have strategic bomber in its fleet. Many defense experts had identified this drawback of Indian Air Force. Now finally, Indian Air Force have decided to acquire strategic bomber aircraft from Russia. India had selected Russian…

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ssc scam west bengal

SSC Teacher Recruitment Scam in West Bengal : Explained

Government of West Bengal lead by Mamata Banerjee is under pressure as minister Partha Chatterjee is arrested by Enforcement Directorate for state School Service Commission teacher recruitment scam. Raids carried out on several locations by Enforcement Directorate and they had recovered lots of cash and gold. Not only teacher recruitment scam by Partha Chatterjee, there…

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All you need to know about Monkeypox Outbreak 2022: A Global Health Emergency

After Covid-19, now Monkeypox is spreading rapidly throughout the world. World Health Organization already declared this diseases as a global health emergency. Monkeypox cases has crossed sixteen thousand over seventy-five countries across the world. Recently, a thirty-one year old man from west Delhi reported positive and with this case the total count of Monkeypox cases…

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Why United States House of Representatives Approved an India-Specific CAATSA Waiver?

On 14th July 2022, Hose of Representative of United States Congress passed India specific amendment for CAATSA. The amendment was moved by a Democrat Congressman Mr. Ro Khanna (Rohit Khanna). This amendment authorizes the US government to lift CAATSA sanctions from India. It allows India to purchase military equipment from countries like Russia.  What is…

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RBI’s new system for international trade settlement

The Reserve Bank of India had announced a new payment mechanism for international trade. This payment mechanism will make Indian Rupee more tradeable. It also will reduce dependency on the US dollar. The new settlement system will help to check dollar outflow and will minimize depreciation of rupees. There are sanctions on Russia, it cannot…

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