Economy

India and Saudi Arabia are quietly but steadily resetting their ties driven by greater economic integration with a renewed thrust on connectivity and people to people contact. Amid ongoing talks …

As Pakistan’s initial euphoria following the International Monetary Fund’s (IMF) approval of the much needed loan programme settles, worries are once again building up. Even as the IMF gave its …

Expect China to announce more measures, curbing exports of critical raw materials that are required to manufacture high-end equipment and technology items. Earlier this week, Beijing’s sudden decision to restrict …

India, Russia and Iran have pressed the pedal on the much-needed exercise to complete the 7,200 km International North South Transport Corridor (INSTC). Tehran, which officially acquired membership of the …

China’s sudden restriction on exports of two critical components used for making a range of high-end equipment–from radars to solar panels— could dent global supply chains but also reinforce the …

Pakistan, which is in the midst of an economic crisis, has recorded a 12.7 per cent decline in exports for the July to June period—country’s financial year. During this period, …

The RBI disclosed on Monday that 76 per cent of the 2,000-rupee notes that were in circulation have now been returned to banks. The RBI had announced the withdrawal of 2,000 …

Notwithstanding the teething problems in the rupee-ruble payments mechanism, India’s oil imports from Russia further increased in June with a record high of 2.2. million barrels per day (bpd) being …

Pressure is mounting on Beijing to announce a fresh round of stimulus package to boost its economy amid patchy recovery in the all-important manufacturing sector which is weighing on the …

Chinese billionaire Jack Ma’s pit stop in Pakistan has created a stir. Ma reached Lahore after completing a short visit to Kathmandu. Ma was accompanied by a seven-member team of …

India’s gross GST revenue collection in June crossed the Rs 1.61 lakh crore mark, registering a 12% increase over the corresponding figure for the same month last year, according to …

The Income-Tax Department has in the course of its verification process found that a prominent Tamil Nadu-based Bank has failed to comply with the statutory requirements of filing correct and …

Telangana’s Rajanna Sircilla district was in the news for making a splash in the New York’s clothing market. The organic cotton boxer briefs made in this district are now being …

As India and Iran reboot their ties, issues related to food security and cooperation in the agriculture sector are set to be the edifice, going ahead. The two countries have …

Finally, Pakistan has something to cheer about as it managed to clinch the much-needed bailout package of $3 billion supported by a Stand By Arrangement (SBA) from the International Monetary …

Airfares which had soared in May and early June this year have been drastically slashed as airlines compete for passengers with the lean monsoon season setting in. A one-way air …

The economic and political uncertainty in Pakistan has affected its youth the most. Though about 60 per cent of the country’s population is aged between 15 and 30, there is …

Prime Minister Narendra Modi met the top leadership of Goldman Sachs Group Inc. in New Delhi and highlighted the opportunities India offers for global firms. “Had a fruitful discussion with …

The delay in the arrival of monsoon is unlikely to impact sowing of Kharif crops if rains continue in the coming weeks. Sowing of grains including rice, ragi millet apart …

India and Iran are rapidly progressing towards signing a long term contract outlining New Delhi’s investments in the strategically located Chabahar port. Most of the nagging issues related to the …

Will the International Monetary Fund (IMF) revive the much needed $6.5 billion financial assistance package for cash starved Pakistan? After back-to-back talks with IMF Managing Director Kristalina Georgieva on the …