Deepak kumar Blogs

resident of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, South African President Cyril Ramaphosa, Prime Minister of India Narendra Modi and Russia's Foreign Minister Sergei Lavrov pose for a BRICS family photo during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa, on August 23, 2023   Investors sceptical larger BRICS will lead to investment boom Saudi Arabia, UAE, Iran among those joining club Fuels speculation oil producers to switch to non-USD trade JOHANNESBURG/LONDON, Aug 25 (Reuters) - The  expansion of the BRICS  group of developing countries could provide a lifeline to capital-starved new entrants Iran and Argentina, but investors and analysts say a broader economic boon for the bloc's members is far from certain. Leaders of the BRICS - Brazil, Russia, India, China and South Africa - invited the two as well as Saudi Arabia, the United Arab Emirates (UAE), Ethiopia and Egypt into the club at a summit this wee...

India's Finance Minister Nirmala Sitharaman speaks during a press conference after a G20 Finance Ministers' and Central Bank governors' meeting at Gandhinagar, India, July 18, 2023.   NEW DELHI, Aug 25 (Reuters) - India hopes to conclude talks over a free trade deal with Britain by the end of this year, India's finance minister Nirmala Sitharaman said on Friday, amid consensus on broad contours of the pact meant to boost economic growth and jobs. Sitharaman spoke as Britain's trade minister Kemi Badenoch visits India for a G20 meeting, after free trade talks  have gathered momentum  in recent months. "I won't be wrong in saying a free trade agreement with UK is very close," Sitharaman said at an industry conference in New Delhi. While there isn't a deadline to close the deal, India is committed to "a good outcome at the fastest possible speed", its trade minister Piyush Goyal said at a separate press conference on Friday. In a panel sessi...

Aug 23 (Reuters) - An Embraer  (EMBR3.SA)  Legacy 600 executive jet, believed to have carried Wagner mercenary chief  Yevgeny Prigozhin to his death  on Wednesday, showed no sign of problem until a precipitous drop in its final 30 seconds, according to flight-tracking data. Rosaviatsia, Russia's aviation agency said Prigozhin, who led an aborted mutiny in June, was one of 10 people on board the downed plane. It was traveling from Moscow to St. Petersburg when it crashed near the village of Kuzhenkino in the Tver Region, Russia's emergency situations ministry said. At 3:19 p.m. GMT, the aircraft made a “sudden downward vertical,” said Ian Petchenik of Flightradar24. Within about 30 seconds, the aircraft had plummeted more than 8,000 feet from its cruising altitude of 28,000 feet. “Whatever happened, happened quickly,” Petchenik said. “They may have been wrestling (with the aircraft) after whatever happened," Petchenik said. But prior to its dramatic drop, there was "n...

  Some of the most famous space missions, including the two Voyager probes, have been exploring our Solar System for decades. The technology helping to keep them aloft, however, is not what you'd expect. 4 June 1996, European space port, French Guiana… It took more than 10 years to design and build Europe's four identical Cluster satellites for launch; and just 39 seconds to lose them all in an enormous fireball. Their remains rained down over the South American jungle as the Ariane 5 rocket veered off course and exploded. VIPs who had been sipping champagne on the outdoor viewing gallery moments earlier were ushered back inside to avoid being injured by the falling debris. The disaster was one of the European Space Agency's (Esa) most visible and spectacular failures . But within months, work had begun on a replacement mission, Cluster II. Designed to fly in formation to investigate the interaction between charged particles from the Sun – the solar wind ­– and...

People perform "havan" (traditional Hindu fire ritual) as part of a special prayer for the safe landing of Chandrayaan-3 spacecraft on the moon, in New Delhi, India, August 23, 2023.    UMBAI, Aug 23 (Reuters) - India will make its second attempt to land on the moon on Wednesday, a mission seen as crucial to lunar exploration and the country's standing as a space power, just days after a similar Russian lander crashed. The Indian Space Research Organisation's (ISRO) Chandrayaan-3 spacecraft will attempt to land on the lunar south pole about 6:04 p.m. local time (12:34 p.m. GMT) on Wednesday, less than a week after Russia's Luna-25  mission failed . India's mission - Chandrayaan means "moon vehicle" in Hindi and Sanskrit - is its second attempt to land there. In 2019, ISRO's Chandrayaan-2 mission successfully deployed an orbiter but its lander crashed. "Landing on the south pole (of the moon) would actually allow India to explore if there is ...

A cashier checks Indian rupee notes inside a room at a fuel station in Ahmedabad, India, September 20, 2018   MUMBAI, Aug 23 (Reuters) - The Indian rupee managed to hold above 83 to the dollar on Wednesday amid speculators considering the merit of short bets on the currency. The rupee was at 82.94 to the U.S. dollar by 11:06 a.m. IST, barely changed from the previous session. The currency recently hit a low of 83.16, from which it  recovered  primarily on the Reserve Bank of India's (RBI) repeated intervention, both in non-deliverable forwards and on over-the-counter. "The RBI looks quite committed to preventing a record low (for the rupee)," a forex trader at a bank said. "When you combine that with the price action, it does seem to me that the risk-reward (for short rupee positions) is now poor." Amit Pabari, managing director at fx advisory firm CR Forex, said that thanks to the RBI, the rupee's losses "are likely to remain limited to the 83.15-83.25...

North Korean leader Kim Jong Un speaks during a meeting with Russia's Defense Minister Sergei Shoigu (not pictured), July 26, 2023 in this image released by North Korea's Korean Central News Agency.   SEOUL, Aug 22 (Reuters) - North Korean leader Kim Jong Un has lashed out at top officials for their "irresponsible" response to flood damage, saying they had "spoiled" the national economy, state media reported on Tuesday. Kim inspected a tideland on the west coast on Monday after seawater recently destroyed an embankment with inadequate drainage system, flooding more than 560 hectares of land, including over 270 hectares of rice paddies, news agency KCNA said. Chastising officials for their "very irresponsible" neglect of duties, Kim singled out Kim Tok Hun, premier of the cabinet, for inspecting the destroyed site once or twice "with the attitude of an onlooker". "He said ... in recent years the administrative and economic discipline ...