More countries landing in Chinese currency trap: Report

IANS | December 16, 2025 5:25 PM

New Delhi, Dec 16 (IANS) Countries that are switching to currency conversions and swap agreements in Chinese yuan for apparent short-term relief on interest rates are headed for trouble in long-term, as they end up with currency mismatches and tie up their national balance sheets closely to a financial system that lacks transparency and full convertibility, according to an article in Capital News.

PM Modi’s visit cements India-Jordan economic ties, 5 key MoUs signed

IANS | December 16, 2025 2:31 PM

New Delhi, Dec 16 (IANS) Prime Minister Narendra Modi’s visit to Jordan has paved the way for deepening bilateral ties between India and the West Asian country with the signing of five MoUs in the areas of renewable energy, water resource management, cultural exchange, digital solution and twinning between Petra and Ellora, according to an official statement issued on Tuesday.

'India sees Taiwan as vital technology partner'

IANS | December 16, 2025 2:30 PM

New Delhi, Dec 16 (IANS) India sees Taiwan as a vital technology partner as it is a leading chip manufacturer, and cooperation in this sector offers a critical pathway for economic growth, technological advancement and strategic autonomy, a media report said.