Economy

Kathmandu: Nepal on Tuesday welcomed two major decisions that India has made, including cabinet approval for a long-term power trade pact. New Delhi also granted approval for importing 180 MW …

The Income tax department has already processed and issued refunds for 2.45 crore returns for assessment year 2023-24. A total of 6.98 crore ITRs were filed, with 6.84 crore of …

Kathmandu: Nepal and the US will prioritise constructing part of a proposed cross border transmission line between Nepal and India under the funding of Millennium Challenge Corporation (MCC), a US …

India’s maritime connectivity will get a big boost with Thai shipping line –Regional Container Lines (RCL)– deciding to upgrade its service, connecting major hubs in Southeast Asia, India and the …

Foreign investment into China may further take a beating – not just because its economic indicators remain grim but due to the reluctance of authorities in releasing data. Last month, …

Public anger in Pakistan is growing like wild fire with the rapidly deteriorating economic. The recent spike in electricity bills has made life tougher for the common citizens, who are …

The Matarbari deep sea port, which is currently under construction in Bangladesh, will be a game changer for the region as it would open up connectivity with India’s northeast, especially …

Prime Minister Narendra Modi congratulated the nation as Unified Payments Interface (UPI) transactions crossed the 10 billion mark in August. “This is exceptional news! It is a testament to the …

Pakistan’s political turmoil with a likely delay in general elections has once again led to deepening economic crisis with the (Pakistani) rupee taking a beating. Since August 14, when the …

Driven by the services sector, India has recorded a growth rate of 7.8 in the April-June quarter of the current financial year– the highest in four quarters. The GDP growth …

The Centre is now rushing with the upgradation project of the Kargil-Zanskar Intermediate Lane on National Highway 301 in Ladakh. Union Minister for Road Transport and Highways Nitin Gadkari said …

India, which launched the first prototype of the BS 6 Stage II ‘Electrified Flex Fuel Vehicle yesterday, is positioning itself as the manufacturing hub for cars that run on dual …

The devastating floods in China will add to its economic woes making recovery tougher. The world’s second largest economy is already battling an acute economic slowdown. The economic loss—direct and …

Prime Minister Narendra Modi today announced slashing prices of cooking gas. From tomorrow the price of a 14.2 Kg LPG cylinder will be reduced by Rs 200 in all markets …

After the recently concluded BRICS summit in South Africa, the focus has now shifted to the New Development Bank (NDB). The young bank, set up in 2014, by the BRICS …

Customs Department officials at Delhi airport arrested three Kuwait nationals and recovered 4001 gms of gold worth Rs 2.06 crore that they were trying to smuggle into the country. The …

The expansion of the BRICS bloc, could have a major unforeseen consequence– boosting critical mineral security. And India, a key BRICS player, may benefit out of that. Though at present …

Drinking a humble cup of tea in Pakistan is now nothing less than luxury. Amid the rapid devaluation of the Pakistani rupee, tea traders shocked the citizens as they hiked …

India, with a credit growth of 19.7 per cent as of July 28, is among the highest in the world, reflecting buoyancy in the economy even as rising global challenges …

Sowing of Kharif crops has been spread over an area of 1053.59 lakh hectare compared to 1049.96 lakh hectare, despite heavy rains in several parts of the country. Of this, …

The primary oil exporting countries such as Saudi Arabia and UAE, which have now been inducted in the BRICS bloc, may start switching to a non dollar payment mode for …