Financial savings decline

The report recently published by the Reserve Bank of India is worrying. According to this report, there has been a decline in domestic savings in the country. Data shows that net domestic financial savings will remain at 5.1 percent of gross domestic product (GDP) in 2022-23, which is its lowest level in several decades. Last…

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Taiwan launches 1st homegrown defense submarine

Taipei, Sep 28 (UNI) Taiwan on Thursday launched its first homegrown defense submarine, the Indigenous Defense Submarine (IDS) Narwhal, the island’s Central News Agency (CNA) reported. The launching ceremony took place in the Taiwanese city of Kaohsiung and was presided over by Taiwanese President Tsai Ing-wen. “Today will go down in history,” CNA quoted Tsai…

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