Economy

After a marginal increase last week, foreign exchange reserves held by Pakistan’s central bank have once again dropped– this time by $923 million to touch an alarming level of $3.67 …

Finance Minister Nirmala Sitharaman along with her ministers of state Bhagwat Karad and Pankaj Chaudhary, other senior finance ministry officials and members of budget press held the customary ‘halwa’ ceremony …

Amid news that the International Monetary Fund (IMF) may resume the stalled loan package, the Pakistani rupee touched an all time low of 255 to a US dollar in the …

As Pakistan is currently staring at one of the worst economic crises in its history, the country’s Finance Minister Ishaq Dar will have to shoulder much of the blame for …

After charting a success story for its iPhones in India, will Apple Inc consider production of its other products such as tablets and laptops in India as the company looks …

Pakistan’s power outage on Monday has thrown life out of gear, adding to the South Asian nation’s woes which is already facing a deep economic crisis. The massive breakdown affected …

This year’s Union Budget to be presented by Finance Minister Nirmala Sitharaman in less than two weeks — the last full budget before the General Elections next year, is expected …

The Asian Development Bank (ADB) and Nhava Sheva Freeport Terminal Private Limited (NSFTPL) have signed a $131 million loan agreement to upgrade the Jawaharlal Nehru Port Container Terminal located in …

New Delhi: Apple has become the first company in India to achieve the milestone of exporting smartphones worth $1 billion (Rs 8,100 crore) in a month, according to a report …

Pakistan, which is going through its worst economic crisis with a repayment liability of $73 billion by 2025, would need to take “tough” decisions to reboot its economy and not …

With food security now becoming a core issue amid the ongoing Russia-Ukraine war and climate change, the Narendra Modi government is looking at multiple measures to boost farm productivity to …

Millets & Organics 2023 – International Trade Fair started at Thripuravasini in Bengaluru on Friday. The three-day event has been divided in multiple segments including Exhibition, Pavilion and B2B networking. …

One of the prime objectives of the Government is to make people residing in rural, remote and hilly areas, especially the women and youth, self-reliant and economically independent. To do …

Air India has been slapped a Rs 30 lakh and the licence of the pilot-in-charge of its New York-Delhi flight on which a drunk passenger urinated on a woman has …

As Bangladesh starts preparing to exit the least developed nations’ (LDC) list by 2026, graduating to a middle income country, it will look at deepening economic and trade relations with …

India’s GDP will touch $26 trillion in market exchange terms by 2047-48 with a per capital income exceeding $15,000, a report released by EY said. The Narendra Modi government has already …

The Union Budget 2023-24 is expected to initiate fresh measures to boost the local supply chain network as India has aggressively set out to position itself as a global manufacturing …

Tech giant Microsoft is set to sack 5% of its employees worldwide which works out to around 11,000 employees, according to Sky News. The axe is expected to fall on …

Pakistan Foreign Minister Bilawal Bhutto Zardari and Minister of State for Foreign Affairs Hina Rabbani Khar along with other senior officials have arrived in Davos to attend the World Economic …

Pakistan’s economy is now being run almost entirely by borrowed money. Even as last week Pakistan managed to secure fresh financial assistance of about $4 billion from Saudi Arabia and …

As the Centre is set to focus on economic growth and employment generation this year, it could look at expanding the designated industrial space provided for the micro small and …