Economy

<p> The Central Consumer Protection Authority (CCPA) issued notices to Ola and Uber, the two online ride hailing platforms for unfair trade practices and violation of consumer rights. </p> <p> As …

<p> <strong>Pakistan’s foreign exchange reserves has further dropped to a level of $16.4 billion – the lowest since December 2019 amid yawning current account as well as trade deficits coupled …

<p> A 1955 vintage Mercedes-Benz sold for a record Rs. 1,100 crore ($143 million) at a secret auction held earlier this month, making it the world's most expensive car ever …

<p> <strong>Amid deepening economic crisis and delay in rollout of bailout packages, Pakistan’s rupee on Thursday crashed to an all-time low of over 200 to a US dollar.</strong></p> <p> Pakistan …

<p> <strong>Cash starved Sri Lanka, which has run out of fuel, asked its citizens not to queue up at gas stations. The condition is so precarious that it does not …

<p> <strong>Notwithstanding India’s sudden decision to ban wheat exports, can New Delhi alone be held responsible for rising prices of the grain and concerns over shortage of food? Experts said …

<p> Continuing with humanitarian assistance, India sent another consignment of 2,000 metric tons of wheat to war-ravaged Afghanistan. The consignment, flagged off by Rahul Nangare, Commissioner of Customs, was sent …

<p> The Adani group has pumped in a hefty  $10.5 billion in the strategic cement sector anticipating a surge in demand in a rising India.</p> <p> Gautam Adani’s conglomerate  has …

<p> <strong>Will Prime Minister Narendra Modi’s one day visit to Lumbini in Nepal on the occasion of Buddha Purnima give a new thrust to the political and bilateral contours between …

<p> <strong>Stringent lockdowns at several parts of China have hit its economy. In April, retail sales registered a contraction of 11.1 per cent compared to a year ago, data published …

<p> <strong>Prime Minister Narendra Modi’s visit to Lumbini in Nepal on the occasion of Buddha Purnima is expected to kickstart the much needed tourism driven economy on the Buddhist Circuit. …

<p> Rowdy behaviour by a heavily drunk passenger on board a Doha-Bengaluru flight forced the pilots of the IndiGo aircraft to make an emergency landing in Mumbai on Saturday.</p> <p> …

<p> <strong>Notwithstanding the stringent sanctions on Moscow by the West, the Russian economy is “performing well.” importantly, the country, a main supplier of wheat to the world, is not facing …

<p> <strong>India has decided to ban exports of wheat with immediate effect on Saturday after retail inflation soared to 7.79 per cent – an eight year high. That apart concerns …

<p> <strong>India has retained its number position as the largest remittance receiving country in the world in 2021. However, Mexico has replaced China to take the second position while the …

<p> <strong>Pakistan’s economic crisis is just getting deeper. With the surge in its import bill amid depleting foreign exchange reserves, Islamabad is inching towards bankruptcy. The Shehbaz Sharif government has …

<p> <strong>The Indian exports sector continued with its robust growth touching over $40 billion in April, notwithstanding the geopolitical uncertainties.</strong></p> <p> The outstanding accomplishments of the exporters have consistently not …

<p> The Directorate of Revenue Intelligence (DRI) has seized 15.93 kg of gold of foreign origin valued at Rs 8.38 crore that was smuggled into the country through the Myanmar …

<p> <strong>The road ahead will be tough for Sri Lanka’s newly inducted Prime Minister Ranil Wikremesinghe, as he takes charge amid a battered economy, bankrupt coffers and widespread violence.  While …

<p> The government is committed to a target of constructing 18,000 km of national highways in 2022-23 at a record speed of 50 km per day, Union Minister for Road …

<p> <strong>Sri Lanka’s economic crisis triggered by a debt default and acute shortage of food and fuel leading to violence has hit headlines but several other countries – Pakistan, Nepal, …