Stay updated with breaking news from அரசு கடன். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
China is increasing its defense spending by 6.8% in 2021 as it works to maintain a robust upgrading of the armed forces despite high government debt and the impact of the coronavirus pandemic. A national budget report issued Friday said China would spend 1.355 trillion yuan ($210 billion) on defense in the coming year. That's up from 1.3 trillion yuan ($180 billion) last year representing a 6.6% boost, the lowest percentage increase in at least two decades. ....
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low ....