Economy

Despite rising threats from erratic climate conditions, India’s rice production in the last five years have steadily risen. In 2018-19, India produced 116.48 million tonnes of rice. In 2022-23, total …

Barely 20 years ago, Gujarat was the only state in India that organised regular investment summits under the Vibrant Gujarat brand. A trend, started by Prime Minister Narendra Modi in …

Russia continues to be the largest supplier of crude oil to India. The second largest supplier of crude is Iraq followed by Saudi Arabia. While Russia supplied 37 million tons …

China’s exports drop of 14.5 per cent in July – the biggest since the outbreak of the Covid 19 pandemic, amid slowing demand from the West have had a severe …

India is making an all-out attempt to complete pending connectivity projects with the strategically located Myanmar, which shares its border with four northeastern states — Arunachal Pradesh, Nagaland, Manipur and …

Kathmandu: As India recently handed over the Final Location Survey of the proposed cross-border Raxaul-Kathmandu  railway, China has also stepped up its effort to connect the railway with Kathmandu. Many …

India will be launching the BRICS Startup Forum in 2023 with the goal of facilitating collaboration and sharing best practices among startups, investors, incubators, and aspiring entrepreneurs, Commerce and Industry …

Amid multiple economic challenges, the steady increase in the physical money supply in Pakistan is starting to haunt the Shehbaz Sharif government. The excess cash circulation has fanned parallel economy …

Central banks across the world may continue with the gold buying spree in the coming months. Amid the recent downgrade of the US by Fitch Ratings, the de-dollarisation exercise may …

After the inauguration of the much-awaited Sittwe Port in Myanmar, the Indian Railways has now announced linking the neighbouring country with Mizoram. It has approved the final location survey of …

Rail Vikas Nigam (RVNL) has given Larsen and Toubro Construction (L&T) a Rs 2,447 crore contract to design and construct the Kolkata underground metro project in the city’s Joka-Esplanade Metro …

The government has deferred the move to restrict the import of laptops, tablets and personal computers by three months. Companies importing these goods will now have time until October 31 …

Severe floods in China’s Beijing and surrounding areas including Hebei have damaged several crops, once again putting the spotlight on food security. The extreme weather fluctuations — from floods to …

A recent paper published in the Harvard Business Review, flags India’s growing importance as a consumer economy. In this backdrop, the paper co-authored by three professors asks a very blunt …

Russia is gearing up to launch a pilot drive to test its digital ruble—a central bank digital currency, later this month. Sanction-hit Moscow, which is hoping to scale up the …

The BRICS (Brazil, Russia, India, China South Africa) will likely focus on the expansion of the group at the summit slated in the second half of August in South Africa. …

US electric car giant Tesla has hired office space in Pune on a five-year lease which appears to be an indication that the company is seriously moving ahead with its …

Islamabad’s euphoria over receiving discounted Russian oil could be short-lived. Pakistan, which received the first consignment of Russian oil in June, may have to revisit the deal. In less than …

With Parliament finally approving the Mines and Minerals (Development and Regulation) Amendment Bill, 2023 that allows the private sector to mine key atomic minerals, including lithium, and deep-seated minerals such …

Global brokerage firm Morgan Stanley has upgraded India to ‘Overweight’ rating saying the country’s reform and macro-stability agenda supports a strong capital investment and profit outlook. At the same time …

India’s manufacturing sector continues to be robust. As India’s score stood at 57.7 on the S&P Global Purchasing Managers Index (PMI) for July, it marked the 25th straight monthly growth …