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Economy

  • Economy

    Is Nirmala becoming the flag-bearer of Modi’s global brand of women empowerment?

    by Mahua Venkatesh April 15, 2023
    by Mahua Venkatesh April 15, 2023

    India as the chair of the G20 nations is determined to make a difference in the field of gender equality and women’s empowerment by turning challenges into opportunities and pushing …

  • Economy

    With inflation easing, should RBI now focus on India’s growth story?

    by Mahua Venkatesh April 14, 2023
    by Mahua Venkatesh April 14, 2023

    With retail inflation finally slipping below the Reserve Bank of India’s threshold of 6 per cent to 5.66 per cent in March—the lowest since December 2021, all eyes are now …

  • Economy

    Not just India, Nirmala becomes flag-bearer for Global South during IMF talks in Washington

    by Mahua Venkatesh April 13, 2023
    by Mahua Venkatesh April 13, 2023

    With rising debt burden hitting the Global South hard, Finance Minister Nirmala Sitharaman, who is in the US to attend the spring meetings of the International Monetary Fund (IMF) and …

  • Economy

    Pakistan’s image touches rock bottom, lenders disappear to fund troubled Republic

    by Mahua Venkatesh April 12, 2023
    by Mahua Venkatesh April 12, 2023

    Amid rising debt levels in Pakistan, it seems that the country’s Finance Minister Ishaq Dar has only one key task —to be able to secure further loans or resume the …

  • Economy

    Rs 1,000 crore black money trail unearthed in tax raids on Karnataka banks

    by IN Bureau April 11, 2023
    by IN Bureau April 11, 2023

    New Delhi: The Income Tax Department has unearthed a black money trail to the tune of Rs 1,000 crore in raids on co-operative banks in Karnataka which were being used …

  • Economy

    CAG Murmu raises red flag on freebies, says states must act responsibly

    by Mahua Venkatesh April 10, 2023
    by Mahua Venkatesh April 10, 2023

    Amid more and more political parties in India now promising big ticket freebies to woo voters, Comptroller and Auditor General of India, Girish Chandra Murmu today underlined the need for …

  • Economy

    Holding a Rs 50 billion elections will further sink Pakistan

    by Mahua Venkatesh April 10, 2023
    by Mahua Venkatesh April 10, 2023

    The impending general elections in Pakistan will further dent the economy. The cost of holding elections is estimated at around Rs 50 billion. In 2018, general elections in Pakistan cost …

  • Economy

    Slowdown in remittances from Middle East adds to Pakistan’s economic woes

    by Mahua Venkatesh April 9, 2023
    by Mahua Venkatesh April 9, 2023

    Amid an overall slowdown of remittances flowing into Pakistan during the July-February period of its ongoing financial year, what has hit policy makers harder is the drop in inflow from …

  • Economy

    Left, right, centre — all governments including Kerala, West Bengal need Adani

    by Mahua Venkatesh April 9, 2023
    by Mahua Venkatesh April 9, 2023

    Notwithstanding the Hindenburg report claiming gross manipulation of the stock market by the Adani Group, leading to opposition parties raising their pitch against billionaire industrialist Gautam Adai, the chairman of …

  • Economy

    Singapore fund seals $2 bn deal to take over Manipal Healthcare

    by IN Bureau April 8, 2023
    by IN Bureau April 8, 2023

    Singapore government owned fund Temasek Holdings has acquired a majority stake in India’s second biggest hospital chain Manipal Health Enterprises for over $2 billion by buying out a 59% stake …

  • Economy

    Is it time to tighten foreign funding norms after the Vedanta Sterlite affair?

    by Mahua Venkatesh April 8, 2023
    by Mahua Venkatesh April 8, 2023

    A non government organisation—The Other Media has come under the scanner. According to government data, between 2019-20 and 2021-22, the NGO received contributions to the tune of Rs 3.54 crore …

  • Economy

    IMF chief sees India as bright spot while world economy is expected to slow in 2023

    by IN Bureau April 7, 2023
    by IN Bureau April 7, 2023

    The IMF chief Kristalina Georgieva on Thursday said that the world economy is expected to grow at less than 3 per cent this year but Asia remains a bright spot …

  • Economy

    Piped cooking gas, CNG to cost less as Govt tweaks pricing formula

    by IN Bureau April 7, 2023
    by IN Bureau April 7, 2023

    The Union Cabinet has approved a new formula for determining the price of natural gas that will make piped natural gas (PNG) cheaper by 10 per cent and lower the …

  • Economy

    Adani’s meteoric rise started under the UPA not Modi, data reveal

    by Mahua Venkatesh April 7, 2023
    by Mahua Venkatesh April 7, 2023

    Finance Minister Nirmala Sitharaman on Thursday lashed out at Congress leader Rahul Gandhi who has raised the pitch against Prime Minister Narendra Modi in relation to industrialist Gautam Adani. Sitharaman …

  • Economy

    Power surplus Nepal seeks Indian market as energy exports become next growth frontier

    by Prithvi Shrestha April 6, 2023
    by Prithvi Shrestha April 6, 2023

    Kathmandu: Nepal, which lived in the dark for over a decade between 2006 and mid-2017 with power outages lasting up to 18 hours a day, has not only managed to …

  • Economy

    RBI pauses hike in key policy rate bringing cheer to industry

    by Mahua Venkatesh April 6, 2023
    by Mahua Venkatesh April 6, 2023

    The Reserve Bank of India’s (RBI) surprise move to keep interest rates unchanged at 6.5 per cent has brought cheer to the industry as it indicated that the focus may …

  • Economy

    Delhi makes it to top 10 list of world’s busiest airports, pips Paris

    by IN Bureau April 6, 2023
    by IN Bureau April 6, 2023

    Delhi airport has been ranked as the ninth busiest airport in the world in 2022 with a passenger traffic of more than 5.94 crore in the latest list compiled by …

  • Economy

    Pakistani export sector crumbles despite EU’s flawed bailout

    by Mahua Venkatesh April 5, 2023
    by Mahua Venkatesh April 5, 2023

    The European Union’s decision last month to remove Islamabad from the list of ‘High-Risk Third Countries’ for anti-money laundering and terrorist financing purposes has brought little joy to Pakistan’s exporters. …

  • Economy

    Kolkata, Haldia docks record highest ever traffic growth in 153-year history

    by IN Bureau April 4, 2023
    by IN Bureau April 4, 2023

    The Syama Prasad Mookerjee Port (SMP), Kolkata has handled 65.66 million tonnes of cargo in 2022-23, recording an all-time high throughput which is a 12.87% increase over the 58.175 million …

  • Economy

    Pakistan currency touches all-time low after Saudi, IMF look the other way

    by Mahua Venkatesh April 4, 2023
    by Mahua Venkatesh April 4, 2023

    Aid from Saudi Arabia into Pakistan is thinning amid changing global geopolitical order. The West Asian nation is now changing its stance by clamping up on offering “blank cheque” aid …

  • Economy

    Indian is still among world’s fastest growing economies, says World Bank

    by Mahua Venkatesh April 4, 2023
    by Mahua Venkatesh April 4, 2023

    Notwithstanding the external risks, India’s growth continues to be resilient, the World Bank in its latest India Development Update has said. The report noted that despite rising global challenges, which …

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