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RBI begins RTGS services from December 14

NEW DELHI, Dec 14: The Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday said Real Time Gross Settlement (RTGS) facility in the country will become operational from 12.30 am on Monday (December 14). RTGS is a method of digital fund transfer. With its help, money is transferred in

China’s manufacturing accelerates in November

BEIJING, Nov 30 (AP) — China’s manufacturing activity accelerated in November as its rebound from the pandemic gained strength, a

Indian Prime Minister Narendra Modi
GDP contraction slows to 7.5 percent, India officially enters recession

New Delhi, Nov 28 (ANI): The Indian economy contracted by 7.5 per cent in the July to September quarter (Q2

Chinese shoppers spend over $100 billion in shopping fest

HONG KONG (AP) — Chinese consumers spent over a hundred billion dollars during this year’s Singles’ Day shopping festival, signaling

2nd study testing a COVID-19 antibody drug has a setback

Washington DC, Oct 30 (AP) — For the second time, a study testing an experimental antibody drug for COVID-19 has

Lee Kun-Hee, force behind Samsung’s rise, dies at 78

SEOUL, South Korea, Oct 25 (AP) — Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker

China’s economy accelerates as virus recovery gains strength

BEIJING (AP) — China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls

2 Stanford economists win Nobel prize for improving auctions

STOCKHOLM (AP) — Auctions are everywhere in today’s economy. They determine how Google sells ads, what price consumers end up

Australia’s economy takes sharpest dive since the 1930s

CANBERRA, Australia (AP) — Australia’s economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic,

China’s companies emerge as global donors in virus pandemic

BEIJING (AP) — As the coronavirus spread, the world’s richest communist dug into his deep pockets. Jack Ma, founder of