Economy

The Comptroller and Auditors General of India (CAG), which is chairing the one year old Supreme Auditors Institutions’ (SAI) 20 this year has raised the pitch of greater coordination among …

Now that Pakistan’s Finance Minister Ishaq Dar has presented the Union Budget, the moot question is, will the International Monetary Fund (IMF) resume the $6.5 billion financial assistance package for …

Pakistan’s foreign exchange reserves held by the State Bank of Pakistan have once again fallen below the $4 billion mark to $3.9 billion. On May 26, the forex reserves were …

At least two Chinese power companies have served a default notice to Pakistan’s Central Power Purchasing Agency (CPPA) over billions of dollars in dues. The Chinese independent power producers (IPPs) …

India’s ethanol production at 4.7 billion litres this year has surpassed that of China’s, which produced 4.2 billion. According to data published by the International Energy Agency (IEA), India produced …

Amid threats of an emerging El Nino situation, there has been a sigh of relief with monsoon hitting Kerala today. India’s monsoons have global implications. With India being responsible for …

The RBI disclosed today that 50 percent of the Rs 2,000 notes in circulation have come back in the first. The total value of the notes that have been returned …

An Air India ferry flight that took off from Mumbai has picked up all the stranded Indian passengers in Russia and headed onwards to San Francisco today. Air India said …

India’s all-important agriculture sector—not only critical for maintaining domestic food security but also across the world, is undergoing a gradual but steady change with adoption of modern technology. And the …

Pakistan’s wheat imports have been rising amid slowing production. Rampant hoarding of the grain has further deepened the flour crisis in the South Asian nation which was once known as …

An Air India flight headed to San Francisco from New Delhi was diverted to Russia after one of the engines of the plane ran into a technical snag. The flight …

The British Broadcasting Corporation (BBC) is in the spotlight once again. According to reports, the broadcaster, supported by the UK government, has admitted to having underreported its income and thereby …

After a blip, trade between India and Iran is picking up as the two countries reboot their ties and strengthen connectivity with the operationalisation of the International North South Transport …

India’s crude supplies from Russia are expected to remain intact or even rise despite Moscow’s decision to cut down on oil production. Russia has already that it will bring down …

India’s largest airline IndiGo is close to striking a deal for buying 500 narrow-body A320 aircraft from European planemaker Airbus,  according to a Reuters report. If the deal comes through …

Sowing of crops during the Kharif season, which begins in June, is expected to be normal even as concerns over a possible El Nino situation this year have risen. Agriculture …

The Directorate of Revenue Intelligence (DRI) has seized more than 10 kg of gold valued at Rs 6.2 crore at the Mumbai airport in two cases of smuggling, according to …

Pakistan’s Finance Minister Ishaq Dar will have to take much of the blame for the country’s deepening economic crisis. The fourth finance minister to assume office in three years, Dar …

Can India, now officially the most populated country in the world, maintain its growth momentum in the coming years? Beating expectations, India’s economy expanded 7.2 per cent in 2022-23 compared …

The Directorate of Revenue Intelligence (DRI) with the help of Indian Coast Guard (ICG) intercepted two fishing boats off the Tamil Nadu coast and seized close to 33 kg gold …

The country’s gross Goods & Services Tax (GST) revenue collected in the month of May this year registered a 12% growth over the same month last year to shoot past …