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  • Economy

    Gold worth Rs 72.7 lakh seized at Trichy airport

    by IN Bureau June 1, 2023
    by IN Bureau June 1, 2023

    Customs officials seized over 1 kg of gold valued at Rs 72.73 lakh at Trichy International airport in Tamil Nadu on Wednesday. “The Air Intelligence Unit (AIU) of Trichy seized …

  • Economy

    Musk bounces back as world’s richest man

    by IN Bureau June 1, 2023
    by IN Bureau June 1, 2023

    US billionaire Elon Musk has reclaimed his position as the world’s wealthiest person. According to Bloomberg’s latest estimates, the Tesla CEO’s net worth is now about $192 billion, compared to …

  • Economy

    Beating expectations India grows at 7.2% in 2022-23, records higher growth rate than China for 2 consecutive years

    by Mahua Venkatesh May 31, 2023
    by Mahua Venkatesh May 31, 2023

    India’s economy grew at 7.2 per cent in 2022-23 driven by an expansion in the services sector and investments. Beating expectations, the country registered a GDP growth rate of 6.1 …

  • Economy

    India looks beyond Australia, Africa, to source critical minerals used in electric cars

    by Mahua Venkatesh May 30, 2023
    by Mahua Venkatesh May 30, 2023

    India is going beyond Africa and Australia to set up a steady supply chain of minerals, including the 17 -metal rare earth elements. It is now eyeing the large mineral …

  • Economy

    India’s stock market back in world’s top 5 list as Adani shares surge

    by IN Bureau May 29, 2023
    by IN Bureau May 29, 2023

    India’s stock market has bounced back as the world’s fifth largest after losing the position to France in January as the Adani Group shares surged today, according to a Bloomberg …

  • Economy

    WHO reappoints CAG of India as external auditor for another four year term

    by IN Bureau May 29, 2023
    by IN Bureau May 29, 2023

    Comptroller Auditor General (CAG) of India Girish Chandra Murmu was re-elected as External Auditor of the World Health Organization (WHO) today at the 76th World Health Assembly another four years …

  • Economy

    Iran Pakistan gas pipeline, Islamabad’s $18 billion headache as it faces default

    by Mahua Venkatesh May 29, 2023
    by Mahua Venkatesh May 29, 2023

    Cash starved Islamabad, staring at a default, has a new headache now. Pakistan is desperately hoping to get a sanctions waiver from the US to be able to stitch up …

  • Economy

    Why CPEC has failed to deliver even after eight years of existence

    by Mahua Venkatesh May 28, 2023
    by Mahua Venkatesh May 28, 2023

    China’s loans to Pakistan have grown manifold in the last 10 years. In June 2013, China’s loans to Pakistan stood at about $4 billion. By June 2017, the loans increased …

  • Economy

    PM Modi to chair Niti Aayog meeting on roadmap for Viksit Bharat @2047 today

    by IN Bureau May 27, 2023
    by IN Bureau May 27, 2023

    Prime Minister Narendra Modi will chair the eighth governing council meeting of NITI Aayog today on the theme of ‘Viksit Bharat @2047: Role of Team India’ at the new Convention …

  • Economy

    Explainer: What is the fuss about US debt ceiling?

    by IN Bureau May 26, 2023
    by IN Bureau May 26, 2023

    With just a week left for the US to come to an agreement over raising its debt ceiling, uncertainty has risen as lawmakers went into recess for the Memorial Day …

  • Economy

    Gold worth Rs 42.8 lakh seized at Hyderabad airport

    by IN Bureau May 26, 2023
    by IN Bureau May 26, 2023

    Gold valued at over Rs 42 lakh was seized at Hyderabad airport, from a passenger who had concealed it in paste form in his rectum, Customs officials said on Friday. …

  • Economy

    Trust deficit between Pakistan govt and industry captains widens ahead of budget

    by Mahua Venkatesh May 26, 2023
    by Mahua Venkatesh May 26, 2023

    Trust deficit between the Shehbaz Sharif government and Pakistan’s business community is widening. For cash starved Pakistan, which is expecting to clock a GDP growth rate of a mere 0.29 …

  • Economy

    Vizag, Srikalahasthi-Chittoor getting $141 million ADB loan for industry zones

    by IN Bureau May 25, 2023
    by IN Bureau May 25, 2023

    The Asian Development Bank (ADB) and the Government of India signed an agreement for a $141.12 million loan to support the development of high-quality internal infrastructure such as roads, water …

  • Economy

    India displaces China to be largest purchaser of Russian seaborne oil

    by IN Bureau May 25, 2023
    by IN Bureau May 25, 2023

    As more than 90 per cent of Russian oil is flowing into Asia since the beginning of the Ukraine war last year, India’s imports of seaborne crude from Moscow are …

  • Economy

    China faces looming debt crisis as bad loans pile up under BRI

    by Mahua Venkatesh May 25, 2023
    by Mahua Venkatesh May 25, 2023

    As Pakistan inches closer to a default amid uncertainty over the resumption of the International Monetary Fund’s bailout package, worries for Beijing have risen. Several countries which have received loans …

  • Economy

    Indian bidders benefit big from US funded power contracts in Nepal

    by Prithvi Shrestha May 24, 2023
    by Prithvi Shrestha May 24, 2023

    Kathmandu:  Indian companies have emerged as the sole beneficiaries in the bid to construct the 315km transmission line in Nepal under the Millennium Challenge Corporation (MCC)-Compact Programme of the US …

  • Economy

    India’s access to critical minerals to become easier after PM Modi’s visit to Australia

    by Mahua Venkatesh May 24, 2023
    by Mahua Venkatesh May 24, 2023

    As India quietly aims to achieve mineral security amid rising risks over global supply chain network, Prime Minister Narendra Modi’s Australia visit is set to expedite public sector company Khanij …

  • Economy

    Exchange of Rs. 2000 notes is nodal step in India’s war on fake currency

    by Mahua Venkatesh May 23, 2023
    by Mahua Venkatesh May 23, 2023

    There was no panic, no serpentine queues or jostling in front of bank branches as the exercise to exchange Rs 2000 notes kicked off today following the Reserve Bank of …

  • Economy

    Why PM Modi’s Papua New Guinea visit is important as China eyes region

    by Mahua Venkatesh May 22, 2023
    by Mahua Venkatesh May 22, 2023

    Prime Minister Narendra Modi’s visit to Papua New Guinea has hit headlines, not just in India but across the world. The first visit ever by an Indian PM to the …

  • Economy

    Facebook owner Meta fined $1.3 bn for transferring EU users’ data to servers in US

    by IN Bureau May 22, 2023
    by IN Bureau May 22, 2023

    Meta, the parent company of Facebook, has been slapped a $1.3 billion by European Union regulators for transferring the personal data of Facebook’s EU users to servers in the United …

  • Economy

    Adani Group shares surge after Supreme Court panel’s clean chit

    by IN Bureau May 22, 2023
    by IN Bureau May 22, 2023

    The prices of Adani Group shares surged in the stock markets on Monday as investors Turned optimistic after the Supreme Court-appointed committee examining the Hindenburg allegations gave a clean chit …

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