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  • Economy

    Will India soon ring Bangladeshi ports to push overseas trade?

    by Mahua Venkatesh August 18, 2022
    by Mahua Venkatesh August 18, 2022

    <p> <strong>The successful completion of a trial run for trans-shipment of cargo movement from Kolkata to the northeast through Mongla port in Bangladesh marks a new era in connectivity for …

  • Economy

    CCPA directs Flipkart to recall faulty pressure cookers & return money to buyers, fined Rs 1 lakh

    by IN Bureau August 17, 2022
    by IN Bureau August 17, 2022

    <p> The Central Consumer Protection Authority(CCPA) has directed e-commerce giant Flipkart to recall 598 poor quality pressure cookers sold online and reimburse the  money paid by consumers.  The company has …

  • Economy

    UDAN air services to be expanded to 68 new airports in small cities

    by IN Bureau August 17, 2022
    by IN Bureau August 17, 2022

    <p> The government plans to make 68 new airports operational under the UDAN scheme in the next four years to expand air travel to smaller cities, Civil Aviation Minister Jyotiraditya …

  • Economy

    Is Pakistan’s finance minister in the firing line after Nawaz Sharif objects to fuel hike?

    by Mahua Venkatesh August 17, 2022
    by Mahua Venkatesh August 17, 2022

    <p> <strong>Pakistan’s Finance Minister Miftah Ismail has come under the spotlight for continuously increasing fuel prices. Will he remain as finance minister, is one question that many are now asking.</strong></p> …

  • Economy

    Youth unemployment in urban China surges to nearly 20 per cent

    by IN Bureau August 17, 2022
    by IN Bureau August 17, 2022

    <p> <strong>China’s unemployment problem is rising. According to the National Bureau of Statistics (NBS) data the country’s urban youth unemployment rate touched 19.9 per cent in July– the highest since …

  • Economy

    Cash strapped Pakistan now set to get Saudi, IMF assistance by month-end

    by IN Bureau August 16, 2022
    by IN Bureau August 16, 2022

    <p> <strong>Finally there is good news for Pakistan. After Saudi Arabia agreed to renew the much needed $3 billion deposit for Pakistan, Islamabad is now expected to receive an additional …

  • Economy

    Green shoots emerge in India-Afghan trade one year after Taliban stormed into Kabul

    by Mahua Venkatesh August 15, 2022
    by Mahua Venkatesh August 15, 2022

    <p> <strong>When you walk into the plush RD Mall in Gurugram, you will find a kiosk selling Afghan dry fruits, nuts of all varieties, asafoetida, almond oil and saffron among …

  • Economy

    India’s honey exports cross $163.7 million with US as main market

    by IN Bureau August 12, 2022
    by IN Bureau August 12, 2022

    <p> In order to give a big push to honey exports in line with Prime Minister Narendra Modi’s vision of a ‘sweet revolution,’ the Government has planned to organize a …

  • Economy

    Pakistan’s foreign exchange reserves in a free fall– drop by $555 million in a week

    by IN Bureau August 12, 2022
    by IN Bureau August 12, 2022

    <p> <strong>Pakistan’s foreign exchange reserves has further fallen. According to the State Bank of Pakistan, the foreign exchange reserves held by the central bank stood at $7.83 billion as on …

  • Economy

    IOC subsidiary in Sri Lanka to open more fuel stations to counter energy crisis

    by IN Bureau August 12, 2022
    by IN Bureau August 12, 2022

    <p> <strong>Lanka Indian Oil Corporation (LIOC), a subsidiary of Indian Oil Corporation in Sri Lanka, is set to open 50 new fuel stations in the cash-strapped country as it battles …

  • Economy

    Rs 70 crore in hard cash & jewellery seized in tax raid on two Maharashtra steel manufacturers

    by IN Bureau August 12, 2022
    by IN Bureau August 12, 2022

    <p> The Income Tax Department has seized unaccounted cash to the tune of Rs 56 crore as well as bullion and jewellery worth Rs 14 crore in a search and …

  • Economy

    Rs 150 crore in black money unearthed in tax raid on prominent Jaipur-based business group

    by IN Bureau August 11, 2022
    by IN Bureau August 11, 2022

    <p> The Income Tax Department has unearthed unaccounted income exceeding Rs 150 crore in a search and seizure operation on a prominent Jaipur-based group, engaged in the business of gems …

  • Economy

    Drought amid heatwave adds to Europe’s nightmare

    by Mahua Venkatesh August 11, 2022
    by Mahua Venkatesh August 11, 2022

    <p> <strong>For Europe, this year has been nothing short of a nightmare so far. At present several countries in the continent are battling a severe drought, which has damaged large …

  • Economy

    Rs 80 crore black money trail detected in tax raid on leading Madhya Pradesh group

    by IN Bureau August 10, 2022
    by IN Bureau August 10, 2022

    <p> The Income Tax Department has detected a black money trail to the tune of Rs 80 crore in a raid carried out on a leading group engaged in the …

  • Economy

    Most Pakistanis prefer democracy over theocracy and military rule–Study

    by Mahua Venkatesh August 10, 2022
    by Mahua Venkatesh August 10, 2022

    <p> The Pakistani political class has much pondering to do. Most Pakistani citizens are unhappy with the current state of affairs and the current political system though they strongly favour …

  • Economy

    China keeps world in dark over BRI projects

    by IN Bureau August 10, 2022
    by IN Bureau August 10, 2022

    <p> <strong>The spotlight on China’s ambitious Belt and Road Initiative (BRI), which has not published any official data on lending or the contours of the projects, is only increasing with …

  • Economy

    CAG report says large-scale money laundering taking place in India’s gems & jewellery sector

    by IN Bureau August 9, 2022
    by IN Bureau August 9, 2022

    <p> Comptroller and Auditor General of India (CAG) has in a report tabled in Parliament stated that large-scale trade mis-invoicing and money laundering of funds is taking place in the …

  • Economy

    With Sri Lanka in mind Bangladesh minister warns against China’s BRI lending

    by Mahua Venkatesh August 9, 2022
    by Mahua Venkatesh August 9, 2022

    <p> <strong>Bangladesh Finance Minister AHM Mustafa Kamal has come out openly warning countries to be watchful of Chinese loans which are directed through the Belt and Road Initiative (BRI). Interestingly, …

  • Economy

    Sri Lanka President warns that the economic stress will continue for at least another year

    by IN Bureau August 7, 2022
    by IN Bureau August 7, 2022

    <p> <strong>Sri Lanka’s President Ranil Wickremesinghe has said that the country's economic crisis would continue for at least one more year. He also said that Sri Lanka will have to …

  • Economy

    Rs 200 crore black money trail detected in tax raids on Tamil Nadu film industry

    by IN Bureau August 6, 2022
    by IN Bureau August 6, 2022

    <p> The Income Tax Department has detected undisclosed income exceeding Rs 200 crore in a search and seizure operation against certain producers, distributors, and financiers associated with the film Industry …

  • Economy

    Rs 55 crore in black cash seized in tax raid on stock market investor in Mumbai

    by IN Bureau August 5, 2022
    by IN Bureau August 5, 2022

    <p> The Income Tax Department has seized Rs 55 crore in unaccounted deposits after a raid on an ex-fund manager and chief trader of equities of a prominent mutual fund …

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