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  • Economy

    Trade gets a boost as cargo trucks between India, Bangladesh now take just three days to cross

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

    <p> <strong>In a major development that is expected to boost trade between New Delhi and Dhaka, cargo trucks can now enter Benapole port in Bangladesh from Petrapole port in West …

  • Economy

    Indian exporters on tenterhooks after EU economies hit rough patch

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

    <p> <strong>Germany’s economy stagnated in July, leading to widespread concerns even as the European Union registered an unexpected growth of 0.6 per cent in the second quarter compared to the …

  • Economy

    Pakistan remains cash starved as IMF and wealthy donor countries play chicken-and -egg

    by Mahua Venkatesh August 5, 2022
    by Mahua Venkatesh August 5, 2022

    <p> <strong>Pakistan is in a bind.</strong></p> <p> <strong>Cash starved Pakistan’s struggle to secure the much-needed bailout package from the International Monetary Fund (IMF) is set to continue for sometime as …

  • Economy

    China’s tax collection slowing down

    by Mahua Venkatesh August 4, 2022
    by Mahua Venkatesh August 4, 2022

    <p> <strong>China’s tax revenue is slowing. On one hand the rise in economic uncertainty has impacted businesses, denting business operations and on the other the rolling out of several fiscal …

  • Economy

    China slaps ban on several Taiwanese goods amid Pelosi’s visit to Taipei

    by IN Bureau August 3, 2022
    by IN Bureau August 3, 2022

    <p> <strong>A rattled China, in the wake of US House of Representatives Speaker Nancy Pelosi’s visit to Taiwan, has slapped a sudden ban on the imports of more than 100 …

  • Economy

    Rs 150 crore black money trail unearthed in tax raids on private hospitals in Delhi-NCR

    by IN Bureau August 3, 2022
    by IN Bureau August 3, 2022

    <p> The Income Tax Department has unearthed unaccounted income of more than Rs 150 crore in search and seizure operations carried out on healthcare groups running hospitals in Delhi-NCR, according …

  • Economy

    Rs 1,000 crore black money trail detected in tax raid on leading Gujarat business group

    by IN Bureau August 2, 2022
    by IN Bureau August 2, 2022

    <p> The Income Tax Department has detected unaccounted transactions exceeding Rs 1000 crore in a search and seizure operation against a prominent Gujarat group on engaged in diversified businesses of …

  • Economy

    Former Mauritius telecom chief under lens for deep link with China’s Huawei

    by IN Bureau August 2, 2022
    by IN Bureau August 2, 2022

    <p> Fresh evidence has surfaced of the deep links between former CEO of Mauritius Telecom (MT) Sherry Singh, known for his anti-India views, and Chinese telecom giant Huawei.</p> <p> The …

  • Economy

    Maldives President Solih’s visit to India expected to boost economic ties

    by Mahua Venkatesh August 2, 2022
    by Mahua Venkatesh August 2, 2022

    <p> <strong>Maldives President Ibrahim Solih’s visit to India is being keenly watched in the region, especially as the two countries look to strengthen their bilateral economic relationship. The tourism driven …

  • Economy

    Mukesh Ambani’s Reliance Jio emerges top bidder of 5G Spectrum

    by IN Bureau August 1, 2022
    by IN Bureau August 1, 2022

    <p> Billionaire Mukesh Ambani promoted Reliance Jio has emerged as the largest bidder for the seven day 5G spectrum auction. The company acquired about half of all the airwaves auctioned …

  • Economy

    Pakistan plunges into crisis as inflation soars to a record 24.9% in July

    by IN Bureau August 1, 2022
    by IN Bureau August 1, 2022

    <p> <strong>Pakistan’s consumer price index (CPI)-based inflation rate at a record 24.9 per cent for July will cause serious concerns for the Shehbaz Sharif government. The surge in headline inflation …

  • Economy

    Sri Lanka’s economic crisis won’t end anytime soon despite talks with IMF

    by IN Bureau August 1, 2022
    by IN Bureau August 1, 2022

    <p> <strong>Sri Lanka’s unprecedented economic crisis will not end anytime soon. While talks have resumed between Colombo and the International Monetary Fund (IMF), it could take a few months before …

  • Economy

    China’s factory output contracts in July

    by IN Bureau July 31, 2022
    by IN Bureau July 31, 2022

    <p> <strong>China’s manufacturing output measured in terms of purchasing managers' index (PMI) unexpectedly dropped to 49 in July from 50.2 in June, data released by National Bureau of Statistics (NBS) …

  • Economy

    PC shipments, chip sales growth face record slump this year: Report

    by IN Bureau July 31, 2022
    by IN Bureau July 31, 2022

    <p> <strong>Global semiconductor revenue is projected to slow down to 7.4 per cent this year, down from 2021 growth of 26.3 per cent, while chip sales from PCs are likely …

  • Economy

    Why broke Pakistan is finding it difficult to get foreign loans

    by Mahua Venkatesh July 31, 2022
    by Mahua Venkatesh July 31, 2022

    <p> <strong>With rapid shifts in the geopolitical order, Pakistan’s access to external financial assistance is becoming tougher this time. Pakistan’s repeated habit of seeking bailout packages is no longer being …

  • Economy

    Rs 150 crore black money trail detected in tax raids on two Tamil Nadu business groups

    by Anuj Sharma July 31, 2022
    by Anuj Sharma July 31, 2022

    The Income Tax Department has detected unaccounted income exceeding Rs. 150 crore in search and seizure operations carried out against two Tamil Nadu business groups with premises in Madurai and …

  • Economy

    Tata Motors net loss widens to Rs 5,007 crore for the April- June quarter

    by IN Bureau July 27, 2022
    by IN Bureau July 27, 2022

    <p> <strong>Automobile major Tata Motors has reported a significantly higher consolidated net loss of Rs 5,007 crore for the April- June quarter, compared to a loss of Rs 4,451 crore …

  • Economy

    Are Ukrainian refugees unwelcome in Europe as economic crisis bites?

    by Mahua Venkatesh July 27, 2022
    by Mahua Venkatesh July 27, 2022

    <p> <strong>Europe’s refugee problem is taking an alarming shape. Just last year the continent received a large number of migrants from Afghanistan after the withdrawal of the US troops in …

  • Economy

    Pakistani rupee crashes to new low of 237 per dollar

    by IN Bureau July 27, 2022
    by IN Bureau July 27, 2022

    <p> <strong>Even as the Pakistani rupee has been steadily losing value for the last few months, its fall of more than Rs 4 from yesterday’s close has caught the attention …

  • Economy

    Rs 250 crore in black money detected in tax raid on Mumbai textile company

    by IN Bureau July 26, 2022
    by IN Bureau July 26, 2022

    <p> The Income Tax Department has detected a black money trail of over Rs 250 crore in a search and seizure operation on a group engaged in agro and textile …

  • Economy

    Thailand trying to woo more Indian tourists as Chinese visitors dip due to Covid

    by IN Bureau July 26, 2022
    by IN Bureau July 26, 2022

    <p> <strong>Amid the dwindling number of Chinese tourists, Thailand is looking at Indians to boost its all important tourism sector that has been ravaged by the Covid pandemic. Chinese travellers …

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