Seoul, April 20 (IANS) South Korea and the United States have agreed on enhancing cooperation to fight money laundering activities in the Asia-Pacific region, Seoul’s financial regulator said on Monday.Earlier this week, Lee Hyung-ju, commissioner of the Korea Financial Intelligence Unit (KoFIU), met Andrea Gacki, director of the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, in Washington, according to the Financial Services Commission (FSC).The …
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Washington, April 14 (IANS) The global economy has taken a hit from the ongoing conflict in the Middle East, with growth projections lowered despite strong underlying momentum driven by technology investment and private sector resilience, the International Monetary Fund (IMF) said Tuesday.Speaking during a group interview with reporters from India, Japan, the UAE, the Netherlands and Chile, IMF Chief Economist Pierre-Olivier Gourinchas said the conflict has reversed earlier expectations of a mod…
New Delhi, April 10 (IANS) NITI Aayog released two reports titled Ease of Doing Research & Development in India and the Survey Report on Ease of Doing R&D in India on Friday, aimed at enabling a more efficient, facilitative, and innovation‑driven research ecosystem in the country. The reports provide a comprehensive assessment of India’s research and development ecosystem and outline actionable recommendations to improve funding mechanisms, institutional governance, regulatory fra…
New Delhi, April 9 (IANS) Minister of State for Science and Technology, Dr Jitendra Singh, on Thursday called upon the private sector to step up participation in research and development (R&D), stressing that stronger industry engagement is key to building a robust innovation ecosystem in India.The minister said the government has taken several enabling measures, including opening up sectors such as space and nuclear energy to private players and introducing mechanisms like the Research, Dev…
New Delhi, April 2 (IANS) In a significant development, defence exports surged to an all-time high of Rs 38,424 crore in the financial year 2025-26, marking a 62.66 per cent rise from previous fiscal’s Rs 23,622 crore exports figures, the government said on Thursday.Defence Public Sector Undertakings (DPSUs) and the private sector contributed 54.84 per cent and 45.16 per cent, respectively. This accomplishment of the Indian defence industry is in line with the Prime Minister Narendra Modi’s …
Washington, March 30 (IANS) The United States on Monday resumed operations at its embassy in Caracas, reopening its diplomatic presence in Venezuela after years of limited engagement. The State Department said U.S. diplomacy with Venezuela had been handled since March 2019 through the Venezuela Affairs Unit at the U.S. Embassy in Bogota, Colombia.“Today, we are formally resuming operations at the U.S. Embassy in Caracas, marking a new chapter in our diplomatic presence in Venezuela,” t…
New Delhi, March 24 (IANS) Naveen Jindal, Member of Parliament from Kurukshetra in Haryana, strongly endorsed the Finance Bill, 2026 in the Lok Sabha on Tuesday, describing it as a transformative and forward-looking roadmap that will shape the future of 140 crore Indians.He emphasised that India’s growth story is being powered by the combined strength of its taxpayers and the private sector — both of whom are indispensable partners in nation-building.Highlighting the critical role of the pri…
Amaravati, March 19 (IANS) As Ugadi gift to Andhra Pradesh youth, the state government, on Thursday, released the job calendar to fill more than 10,060 vacancies in various departments through State Public Service Commission. As per the job calendar, four notifications to fill the vacancies will be issued between May 15 and October 15, 2026.A total of 1,500 vacancies will be filled in the higher education department through a notification to be issued on May 15.Another notification will be issue…
New Delhi, March 2 (IANS) India’s coal production recorded a robust 18.51 per cent increase in February this year compared with the same month of the previous year, with the output of captive and commercial coal mines going up to 20.49 million tonnes (MT), while dispatches reached 17.72 MT, according to an official statement issued on Monday.The strong year-on-year growth in coal production reflects the sustained operational momentum and progressive scaling up of mining activities across the sec…
New Delhi, Feb 10 (IANS) While the Pakistan government claims that it ushered in the recent macroeconomic stabilisation, the uncomfortable and far more consequential reality is that unemployment is rising, and for millions of Pakistanis, economic stability remains an abstract concept that has not translated into secure livelihoods, according to an article in the Pakistani media.The 2025 Labour Force Survey paints a stark picture. Unemployment has climbed to 7.1 per cent, the highest level in 21 …