Low rates, rising savings signal China may be heading into a liquidity trap

IANS | July 19, 2026 2:22 PM

New Delhi, July 19 (IANS) China is showing increasing signs of slipping into a liquidity trap, with record-low interest rates, abundant bank liquidity and aggressive credit expansion failing to revive consumer spending, business investment or economic growth, according to recent economic data.

EAM Jaishankar meets Zanzibar President; discusses expanding cooperation in education, AI, digital sectors

IANS | July 19, 2026 12:34 PM

New Delhi, July 19 (IANS) External Affairs Minister S. Jaishankar on Sunday met Dr Hussein Ali Mwinyi, President of Zanzibar, United Republic of Tanzania, and Chairman of the Revolutionary Council, in New Delhi and discussed ways to further expand bilateral cooperation across a range of priority sectors, including higher education, capacity building, healthcare, artificial intelligence, digital technology and water supply.

India opens Permanent Exhibition on its World Heritage Sites in Azerbaijan

IANS | July 19, 2026 7:08 AM

Baku, July 19 (IANS) The Embassy of India in Azerbaijan has inaugurated a Permanent Exhibition on UNESCO World Heritage Sites of India at its premises in Baku, celebrating India’s rich cultural and natural heritage while further strengthening people-to-people and cultural ties between India and Azerbaijan.