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  • Economy

    Rs 200 crore black money trail detected in tax raid on big coal transporter in Chhattisgarh

    by IN Bureau July 4, 2022
    by IN Bureau July 4, 2022

    <p> Income Tax Department has unearthed a Rs 200 crore black money trail in a search and seizure operation on a group engaged in business of coal transportation and other …

  • Economy

    Is IndiGo staring at a staff exodus to Air India?

    by IN Bureau July 4, 2022
    by IN Bureau July 4, 2022

    <p> Is IndiGo staring at an exodus of its staff to Air India? That is the question that is making the rounds in the aviation sector, as the low-cost budget …

  • Economy

    Is IndiGo staring at a staff exodus to Air India?

    by IN Bureau July 4, 2022
    by IN Bureau July 4, 2022

    <p> Is IndiGo staring at an exodus of its staff to Air India? That is the question that is making the rounds in the aviation sector, as the low-cost budget …

  • Economy

    Russia’s economy beats expectations—manufacturing and job creation show healthy uptick

    by Mahua Venkatesh July 3, 2022
    by Mahua Venkatesh July 3, 2022

    <p> <strong>Manufacturing activities in Russia, which is under several sanctions, is increasing. The S&P Global manufacturing purchasing managers’ index (PMI) , an indicator of economic trends, stood at 50.9 in …

  • Economy

    Russia’s economy beats expectations—manufacturing and job creation show healthy uptick

    by Mahua Venkatesh July 3, 2022
    by Mahua Venkatesh July 3, 2022

    <p> <strong>Manufacturing activities in Russia, which is under several sanctions, is increasing. The S&P Global manufacturing purchasing managers’ index (PMI) , an indicator of economic trends, stood at 50.9 in …

  • Economy

    Pakistan’s clock is ticking as prices surge and IMF talks drag on

    by Mahua Venkatesh July 3, 2022
    by Mahua Venkatesh July 3, 2022

    <p> <strong>The new financial year in Pakistan has kicked off with uncertainty. Despite the hike in fuel prices, Islamabad’s talks with the International Monetary Fund (IMF) have not concluded yet. …

  • Economy

    EU reeling under high inflation as Ukraine war takes its toll

    by IN Bureau July 1, 2022
    by IN Bureau July 1, 2022

    <p> <strong>Inflation in the European Union is inching upward to record levels driven by high food and fuel prices. Though in June, Germany’s inflation came down to 8.2 per cent …

  • Economy

    Uncertainty and economic hardship grip Pakistan as it begins a new financial year from tomorrow

    by Mahua Venkatesh June 30, 2022
    by Mahua Venkatesh June 30, 2022

    <p> <strong>Pakistan faces deep uncertainty as it begins a new financial year from tomorrow. The South Asian nation would require a staggering $23 billion in order to meet its foreign …

  • Economy

    India to drive tourism in Southeast Asia as Chinese travellers unlikely to return soon

    by Mahua Venkatesh June 29, 2022
    by Mahua Venkatesh June 29, 2022

    <p> <strong>Several tourism dependent Southeast Asian countries are looking at Indian tourists. Amid Covid 19 induced restrictions, Chinese outbound tourists are still missing and all indications are that they will …

  • Economy

    Sri Lanka’s economy contracts further as government battles to procure essential supplies

    by IN Bureau June 29, 2022
    by IN Bureau June 29, 2022

    <p> <strong>The road ahead for Sri Lanka’s Prime Minister Ranil Wickremesinghe is getting tougher and more uncertain as the country’s economy contracted 1.6 per cent in the March quarter. Sri …

  • Economy

    Gautam Adani family pledges to donate Rs 60,000 crore to charities

    by IN Bureau June 24, 2022
    by IN Bureau June 24, 2022

    <p> The family of Adani Group chairman Gautam Adani has committed to donate Rs 60,000 crore (around $7.7 billion) to various charities related to healthcare, education, and skill development in …

  • Economy

    BRICS can become the engine driving the global economy in the post-Covid phase–PM Modi

    by IN Bureau June 23, 2022
    by IN Bureau June 23, 2022

    <p> <strong>The BRICS (Brazil-Russia-India-China-South Africa) block has taken a similar approach to the governance of the global economy and the mutual cooperation among the member countries has helped in useful …

  • Economy

    PM Modi throws open the doors of Vanijya Bhawan, Commerce Ministry’s new state-of-the-art office complex

    by IN Bureau June 23, 2022
    by IN Bureau June 23, 2022

    <p> The Prime Minister Narendra Modi inaugurated Vanijya Bhawan, the new office complex of the Commerce Ministry, and launched the NIRYAT portal in Delhi today.</p> <p> Addressing the gathering, the …

  • Economy

    BRICS members seek to benefit from global dislocations caused by war, Covid

    by Mahua Venkatesh June 23, 2022
    by Mahua Venkatesh June 23, 2022

    <p> <strong>Amid the geopolitical shift especially after the US thrashed sanctions against Russia after its invasion into Ukraine, the BRICS (Brazil-Russia-India-China-South Africa) forum, which until now has not made any …

  • Economy

    BRICS members seek to benefit from global dislocations caused by war, Covid

    by Mahua Venkatesh June 23, 2022
    by Mahua Venkatesh June 23, 2022

    <p> <strong>Amid the geopolitical shift especially after the US thrashed sanctions against Russia after its invasion into Ukraine, the BRICS (Brazil-Russia-India-China-South Africa) forum, which until now has not made any …

  • Economy

    Pakistan’s $2.3 billion loan from China not enough–Islambad will have to wrap up a bailout deal with the IMF

    by IN Bureau June 23, 2022
    by IN Bureau June 23, 2022

    <p> <strong>Pakistan can heave a sigh of relief as it signed an agreement with a Chinese consortium of banks for a $2.3 billion loan facility at a time when its …

  • Economy

    BRICS countries will play a crucial role in driving global growth in the post-Covid phase: PM Modi

    by IN Bureau June 22, 2022
    by IN Bureau June 22, 2022

    <p> <strong>Prime Minister Narendra Modi, virtually addressing the BRICS (Brazil-Russia-India-China-South Africa) Business Forum on Wednesday said that the Indian economy is expected to register a 7.5 per cent this year.</strong></p> …

  • Economy

    Indian Oil develops new Solar cooker ‘Surya Nutan,’ Petroleum Minister hosts lunch to showcase product

    by IN Bureau June 22, 2022
    by IN Bureau June 22, 2022

    <p> Public sector giant IndianOil has developed an indigenous Solar cook top “Surya Nutan” which was demonstrated today at the residence of Minister for Petroleum & Natural Gas Hardeep Puri, …

  • Economy

    Modi’s participation at BRICS summit showcases India’s Strategic Autonomy doctrine

    by Mahua Venkatesh June 22, 2022
    by Mahua Venkatesh June 22, 2022

    <p> <strong>The two day BRICS (Brazil-Russia-India=China-South Africa) summit slated to kick off tomorrow, will be closely scrutinised for reasons more than one. While this will be Russian President Vladimir Putin’s …

  • Economy

    Pakistani rupee is the worst performing currency in Asia as value tumbles to 212 per US dollar

    by IN Bureau June 22, 2022
    by IN Bureau June 22, 2022

    <p> <strong>The Pakistani rupee, which depreciated by more than 16 per cent this year, has been the worst performing currency in Asia amid deepening economic crisis and dwindling foreign exchange …

  • Economy

    Income Tax Dept. unearths Rs 100 crore in black money from handicrafts exporter in Mumbai

    by IN Bureau June 22, 2022
    by IN Bureau June 22, 2022

    <p> The Income Tax Department has unearthed black money to the tune of Rs 100 crore and seized Rs 7.9 crore of unaccounted gold jewellery in a search and seizure …

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