Economy

<p> Nepal’s traders dealing with China are going through a rough patch and incurring huge losses. While prior to the Covid 19 outbreak, about 80 to 100 trucks would move …

<p> <strong>Cash strapped Sri Lanka has started the much awaited talks with the International Monetary Fund (IMF) for a rescue package. The IMF team arrived in Colombo on Monday and …

<p> <strong>The global wheat shortage and the subsequent increase in the price of the grain, driven by the Russia-Ukraine war, has increased the focus on rice. And India, one the …

<p> The Income Tax Department has detected black money to the tune of Rs 400 crore in a search and seizure operation carried out on a leading industrial group of …

<p> Customs officials at Chennai airport seized US currency worth Rs 35 lakh from three women passengers who were going to board a flight to Sri Lanka.</p> <p> Acting on …

<p> <strong>India’s coal production in the current financial year, as on May 31 is 137.85 million tonnes (MT). This is 28.6 per cent higher compared to the production of 104.83 …

<p> <strong>Sri Lanka has run out of fuel. The Ranil Wickremesinghe government has now announced shutting down of public sector offices from tomorrow as it awaits the approval of the …

<p> Another e-scooter manufactured by Pure EV caught fire at a house in Suvidhinath Society in Patan district of Gujarat on Thursday while it was being charged. Fortunately the charging …

<p> THe Income Tax Department has unearthed a huge amount of unaccounted wealth from a leading manufacturer and seller of Pashmina, Kashmiri and Jamawar shawls who has made big black …

<p> <strong>In a breakthrough the 164 members of the World Trade Organisation arrived at a consensus after vigorous negotiations and green room talks on food security, harmful fishing subsidies and …

<p> <strong>Pakistan’s decision to increase fuel prices further by a whopping 29 per cent will push inflation in the coming months. In May the annual inflation in Pakistan stood at …

<p> <strong>China’s much hyped Belt and Road Initiative (BRI) in Nepal has been a non-starter. The two countries signed a memorandum of understanding in May 2017 to expand bilateral cooperation …

<p> <strong>For Pakistan, with foreign exchange reserves of just $9.2 billion—enough for imports for less than two months, the clock is ticking as negotiations with the International Monetary Fund (IMF) …

<p>  </p> <p> <strong>Sri Lanka’s deepening economic crisis has not spared even the country’s dead. The island nation does not have enough gas even to run crematoriums. A local resident …

<p> The Union Cabinet has cleared the auction for 5G airwaves paving for the commercial launch of next generation telecom services this year which will be 10 times faster than …

<p> <strong>India took on the rich nations at the World Trade Organisation’s ministerial conference in Geneva over their one-sided proposal to limit the subsidies extended by developing countries to ensure …

<p> Microsoft founder billionaire Bill Gates on Tuesday lashed out at cryptocurrency projects such as nonfungible tokens calling them shams “based on the greater fool theory” on Tuesday.</p> <p> The …

<p> The BCCI has raked in more money through the Digital rights sold for IPL than the TV rights for the next five years.</p> <p> Billionaire Mukesh Ambani-controlled Viacom18, has …

<p> <strong>The Shehbaz Sharif government has missed registering a part of the total quantum foreign debt in the just presented budget "by mistake." This amounts to $7 billion comprising part …

<p> <strong>Even after almost two years, the developed nations are stubbornly sticking to their ground of not allowing to lift the Trade-Related Aspects of Intellectual Property Rights.(TRIPS) patent rules pertaining …

<p> <strong>Amid yawning current account deficit (CAD) – the difference between inflow and outflow of foreign currency, Pakistan received lower remittances in May. This will lead to fresh concerns for …