Economy

The Reserve Bank of India has in a new report underlined the need to achieve energy security amid the global uncertainties impacting oil supplies and prices. “The need for oil-proofing …

Kathmandu: An aircraft with 72 people on board crashed in Nepal’s Pokara city on Sunday. Moments before the unfortunate Nepal crash earlier today….Video of what seems to be moments before …

Civil Aviation Minister Jyotiraditya Scindia has inaugurated a direct flight from Kolhapur to Bengaluru. The IndiGo flight will operate on all 7 days of the week. The flight will depart …

Amid the rising global challenges impacting the food sector the most, India’s food inflation in December fell to 4.19 per cent – the lowest in the year and among the …

Apple Inc. is cutting CEO Tim Cook’s pay package by more than 40% to $49 million in 2023, following shareholder criticism, according to a report in the Financial Times. Apple’s …

Bangladesh and Sri Lanka are keen to start importing ethanol from India. Nitin Gadkari, Minister of Road and Transport Highways said that the issue has already been discussed with the …

In a major shot in the arm for the Narendra Modi government, the country’s gross direct tax collections during the current fiscal year up to 10th January, 2023 have shot up …

In a move that will connect India with the Gulf nations and the Western Mediterranean region, the Mediterranean Shipping Company (MSC) will start a liner service from December this year. …

The news that Saudi Arabia is ready to provide assistance to cash starved Pakistan has made headlines. But policymakers’ worries continue as the timing of the assistance to the South …

Pakistan Prime Minister Shehbaz Sharif, who is currently in Geneva to attend an international Conference on ‘Climate Resilient Pakistan’ along with UN Secretary General Antonio Guterres, has managed to secure …

Higher procurement of rice and wheat especially in “relatively laggard” states such as Assam, Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Uttar Pradesh, Uttarakhand and West Bengal has helped in bridging …

Is Pakistan going the Sri Lanka way? Pakistan is staring at bankruptcy even as it managed to repay about $1 billion to two foreign commercial banks on Saturday. In the …

Shaktikanta Das, Governor, Reserve Bank of India has said India’s economic resilience continues to remain in tact though rising debt distress in South Asia is a cause for concern. In …

Union Minister Piyush Goyal is slated to travel to New York and Washington next week to participate in the India-US Trade Policy Forum. Amid a busy schedule, Goyal will hold …

Modinomics appears to be working for India as the country has emerged as one of the fastest growing economies of the world while the inflation rate is much lower than …

Air India today grounded and issued show cause notices to four cabin crew members, and one of the two pilots, on the airline’s controversial New York-Delhi Air India flight in …

Mahua Venkatesh and Santosh Ghimire NEW DELHI/KATHMANDU The political uncertainty in Nepal could impact the economy—not only within the Himalayan nation but the South Asian region as a whole. Policy …

In what could deal a big blow to China, US tech major Dell may put an end to using Chinese chips by 2024. According to Nikkei Asia, the tech giant …

Pakistan, which will have to make a repayment of $1 billion by next week to avoid a default, is desperately hoping to get $3 billion from Saudi Arabia amid uncertainty …

After a lacklustre 2022, this year could bring cheer to the homegrown startups as Japan Inc is chalking up big plans for India. Several Japanese behemoths including Suzuki, Toshiba, Toyota and …

India’s policy makers will have reasons to cheer in the new year. The Reserve Bank of India’s data showed that credit growth to industry increased by 13.1 per cent year …