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Economy

  • Economy

    Chengdu faces backlash of China’s zero-Covid strategy

    by IN Bureau September 2, 2022
    by IN Bureau September 2, 2022

    It is clear that Chinese President Xi Jinping will not ease his much criticised zero Covid policy despite a steady slowdown of economic activities and increase in unemployment. Consider this. …

  • Economy

    India’s 13.5% GDP growth comes as booster shot as China slows and US contracts

    by Mahua Venkatesh September 1, 2022
    by Mahua Venkatesh September 1, 2022

    India’s economic growth rate of 13.5 per cent for the April-June quarter of the current financial year is expected to be a sentiment booster given the unprecedented rise in uncertainties …

  • Economy

    Tax raid on big manufacturing group in Kolkata unearths Rs 250 crore black money deals

    by IN Bureau September 1, 2022
    by IN Bureau September 1, 2022

    The Income Tax Department has unearthed unaccounted income exceeding Rs 250 crore in a search and seizure operation carried out on a prominent Kolkata- based group, engaged in the manufacturing …

  • Economy

    India’s GDP growth shoots up to 13.5% in April-June, highest in a year

    by IN Bureau August 31, 2022
    by IN Bureau August 31, 2022

    The India’s economic growth accelerated to 13.5 per cent in the April-June quarter which is the fastest annual expansion in a year, official data released on Wednesday showed. Gross domestic …

  • Economy

    Rs 250 crore black money trail detected in tax raid on two leading Kolkata builders

    by IN Bureau August 31, 2022
    by IN Bureau August 31, 2022

    The Income Tax Department has detected unaccounted income of more than Rs 250 crore in a search and seizure operation against two prominent real estate groups in Kolkata, according to …

  • Economy

    For India, trade with Pakistan is not a priority

    by Mahua Venkatesh August 31, 2022
    by Mahua Venkatesh August 31, 2022

    Pakistan Prime Minister Shehbaz Sharif’s stand that trade with India will not be resumed until the Kashmir issue is resolved will cause worry for the country’s economic managers and business …

  • Economy

    India’s success is crucial for world: Harvard Business School Professor

    by IN Bureau August 30, 2022
    by IN Bureau August 30, 2022

    India is one of the most important countries in the world and its success is crucial for the world, Christian Ketels, professor at Harvard Business School said today. Speaking at …

  • Economy

    Gautam Adani is now world’s 3rd richest person

    by IN Bureau August 30, 2022
    by IN Bureau August 30, 2022

    Adani Group chairman Gautam Adani has become the world’s third-richest person with a net worth of USD 137.4 billion, surpassing Louis Vuitton chairman Bernard Arnault and now ranks next only …

  • Economy

    Will Indian economy bounce back with 15%-plus growth in the 1st quarter?

    by IN Bureau August 29, 2022
    by IN Bureau August 29, 2022

    Amid global economic uncertainties, India will release its GDP data for the first quarter of the current financial year on Thursday. All indications are that the growth rate will be …

  • Economy

    Pakistanis fear hunger pangs after massive floods damage crops

    by Mahua Venkatesh August 29, 2022
    by Mahua Venkatesh August 29, 2022

    Massive destruction of crops in Pakistan due to the torrential rains and floods has already started impacting the country’s food sector. Prices of food items have surged and supply chain …

  • Economy

    Women benefit most from PM Modi’s grand financial inclusion scheme

    by IN Bureau August 28, 2022
    by IN Bureau August 28, 2022

    More than 60 per cent of the account holders under the Pradhan Mantri Jan Dhan Yojana scheme are women. More importantly 67 per cent of the account holders are in …

  • Economy

    IMF board to meet tomorrow to discuss Pakistan’s bailout package

    by IN Bureau August 28, 2022
    by IN Bureau August 28, 2022

    The executive board of the International Monetary Fund (IMF) will meet tomorrow to discuss the issue of disbursement of the much needed bailout package to Pakistan. The delay in the …

  • Economy

    Centre shifts gears: From India@75, all eyes now on India@100

    by IN Bureau August 27, 2022
    by IN Bureau August 27, 2022

    After India@75, the government has shifted focus on India@100. Sources said that the thrust will be on developing social and economic parameters keeping the Aatmanirbhar Bharat plank at the core …

  • Economy

    China announces a host of stimulus measures to boost sagging economy

    by IN Bureau August 25, 2022
    by IN Bureau August 25, 2022

    China will inject a massive stimulus package of an additional 1 trillion yuan — $146 billion– to bolster sagging growth and create jobs. The local governments, which are key to …

  • Economy

    India may go in for more oil imports from Russia

    by Mahua Venkatesh August 25, 2022
    by Mahua Venkatesh August 25, 2022

    Amid high global crude prices India is set to further increase its oil imports from Russia. With economic activities in India now touching the pre-Covid levels, the country’s energy requirements …

  • Economy

    Pakistani experts keen to resume trade with India

    by Mahua Venkatesh August 24, 2022
    by Mahua Venkatesh August 24, 2022

    Pakistan Prime Minister Shehbaz Sharif’s recent statement seeking permanent peace with New Delhi has given hope to the country’s economic policymakers that trade between the two countries could resume in …

  • Economy

    Adani Group to acquire NDTV

    by IN Bureau August 23, 2022
    by IN Bureau August 23, 2022

    AMG Media Networks Limited, a subsidiary of the Gautam Adani group, will indirectly acquire a 29.18 per cent stake in New Delhi Television Ltd (NDTV) and launch an open offer …

  • Economy

    HPCL starts work on plant to convert 100 tonnes of cow dung per day into biogas in Rajasthan

    by IN Bureau August 23, 2022
    by IN Bureau August 23, 2022

    In a green energy and commitment towards environmental stewardship, HPCL has commenced on its Cow Dung to Compressed Biogas Project in Rajasthan.. This will be HPCL’s first project under the …

  • Economy

    Amid droughts, Europe may have to source more food from India

    by Mahua Venkatesh August 22, 2022
    by Mahua Venkatesh August 22, 2022

    Will the intense heatwave and droughts in Europe affect its food security at a time when it is already struggling with acute energy shortage? The continent that has been largely …

  • Economy

    Pakistan’s weekly inflation scales 42% amid political churn

    by IN Bureau August 21, 2022
    by IN Bureau August 21, 2022

    <p> <strong>High food and fuel prices have pushed Pakistan’s weekly inflation for the week ended August 5 to a record high 42.31 percent year-on-year, adding to the woes of the …

  • Economy

    Power crisis in China forces top companies to shut down factories

    by Mahua Venkatesh August 19, 2022
    by Mahua Venkatesh August 19, 2022

    <p> <strong>China, which is already staring at multiple economic challenges, now has another problem. An acute power outage driven by an intense heatwave in the country’s southwest region. This has …

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