U.S. Wants India To Buy Armed Drone On Modi Visit
Prime Minister Narendra Modi is about to visit Washington, DC, in the last week of June. On the visit, the Biden administration wants India to cut through its own red tape and advance a deal for U.S-made armed drones, which is expected to be worth $2 billion to $3 billion. However, India has previously shown…
Ajay Banga Ex-Mastercard CEO Nominated By Joe Biden To Lead World Bank
On Thursday, Joe Biden, US President, announced that Ajay Banga, former CEO of Mastercard, will be leading the World Bank. After this news, Ajay will become the first Indian-American to serve the World Bank as the president. Currently, he is the vice chairman of the general equity firm Atlantic. He is the former CEO of…
Russia Declares War: Its Impact On Indian Market
On Thursday, Indian markets plummeted as Russian President Vladimir Putin ordered military action in Ukraine. Massive explosions were heard in the Ukrainian city of Kyiv shortly after the declaration. Sanctions were imposed on Russia by the US, and other western nations had little effect on Putin’s decision to declare war. The Russia-Ukraine confrontation has been…
U.S. House Passes The Bill on Clamping Down China’s Product
The U.S. Senate passed legislation on Thursday to ban imports from China’s Xinjiang Region over concerns about forced labor. It is a part of Washington’s continued pushback against Beijing’s treatment of the country’s Uyghur Muslim minority. The legislation passed by unanimous voice vote, after lawmakers agrees on a compromise that eliminated differences between bills introduced…