Beijing [China], April 15 (ANI): China's ambitious Belt and Road Initiative (BRI) has been greatly affected by the COVID-19 pandemic, with Beijing quietly scaling back the project, particularly in the emerging markets of Africa, due to banks being over-extended and loans not being repaid on time.
London [UK], April 15 (ANI): More than 170 former world leaders and Nobel laureates are calling on United States President Joe Biden to make COVID-19 vaccines more readily available by waiving US intellectual property rules.
New Delhi [India], April 12 (ANI): Union Health Minister Dr Harsh Vardhan on Monday said that human health cannot be seen in isolation in an era that has increased interaction between humans and animals resulting in a need for 'One Health' approach.
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery amid a sharp new wave of Covid-19 cases.
New Delhi, [India], March 31 (ANI/NewsVoir): The Wharton School of business, one of the world's leading business schools, held its annual investment competition, Wharton Global High School Investment Competition 2020-2021. The competition aims to introduce high-schoolers to the subject of financial literacy, which is often left out of school curriculums these days but is of great importance.
Mumbai (Maharashtra) [India], March 31 (ANI/NewsVoir): As India approaches a new financial year 2021-22, a C2FO worldwide survey of more than 6,700 leaders of small to mid-sized businesses (SMBs) found surprising alignment in terms of access to liquidity, the cost of borrowing and their outlooks for the future.
Mumbai (Maharashtra) [India], March 31 (ANI): Nearly 14 per cent of India's ultra-high-net-worth individuals (UHNWIs) are from salaried employee segment, according to global property consultancy Knight Frank's latest attitudes survey.
Dhaka [Bangladesh], March 22 (ANI): As Bangladesh celebrates 50 years of its independence, the nation, born in violence after the 1971 Liberation War against Pakistan, is rapidly moving ahead on the path of development from its initial extreme poverty.
In order to promote the international stature of the Yuan, China is pushing on the adoption of the digital Yuan. There are various ways that it can facilitate the use of the digital Yuan in everyday transactions. For instance, domestically, China can make it mandatory for usage in different sectors like healthcare, etc.
The report also pointed out that the Indian middle class (with daily income of $10.01- $20) is estimated to have shrunk by 32 Million in 2020 as a consequence of the downturn, accounting to 60 per cent of the global retreat of the middle -income people. Meanwhile, in China the number of people in the middle-income tier likely decreased by 10 Million.