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  • Economy

    Pakistan on the brink: Any delay in bailout package could lead to solvency issues

    by Mahua Venkatesh May 11, 2022
    by Mahua Venkatesh May 11, 2022

    <p> <strong>Will Pakistan, engaged in negotiations with the International Monetary Fund (IMF) for a bailout package be able to implement the stringent conditions set by the multilateral lender? The IMF …

  • Economy

    Railways roll out safe baby berth to make travel more comfortable for mothers!

    by IN Bureau May 10, 2022
    by IN Bureau May 10, 2022

    <p> In order to make travelling more convenient and comfortable for mothers, Northern Railway has introduced a baby berth on an experimental basis in one of its trains.</p> <p> Northern …

  • Economy

    As business sentiment takes a further beating in China, what is in store for the world’s second largest economy?

    by Mahua Venkatesh May 10, 2022
    by Mahua Venkatesh May 10, 2022

    <p> Businesses in China have been braving uncertainties for the last two years since the outbreak of the Covid 19 pandemic but many analysts are now saying that things are …

  • Economy

    Desperate Sri Lanka now seeks $100 million from AIIB, the China backed multilateral lender

    by IN Bureau May 9, 2022
    by IN Bureau May 9, 2022

    <p> <strong>Debt-ridden Sri Lanka has initiated talks with the Asian Infrastructure Investment Bank (AIIB) for a $100 million emergency financial package. Colombo has sought foreign exchange liquidity assistance for its …

  • Economy

    Watch: Finance Minister Nirmala Sitharaman gets up to bring water for speaker at Mumbai event in act of humility

    by IN Bureau May 9, 2022
    by IN Bureau May 9, 2022

    <p> Union Finance Minister Nirmala Sitharaman has won praise on social media for her humility in getting up from her chair and offering water to the Managing Director of National …

  • Economy

    Adar Poonawalla has a message for Tesla boss: Invest in India

    by IN Bureau May 8, 2022
    by IN Bureau May 8, 2022

    <p> <strong>Adar Poonawally, CEO of the Serum Institute of India has a price of advice for Tesla’s top boss Elon Musk. On Sunday, Poonawalla took to Twitter to reach out …

  • Economy

    Will Erdogan’s faulty economic doctrine pull him down in next year’s elections in Turkey?

    by Mahua Venkatesh May 8, 2022
    by Mahua Venkatesh May 8, 2022

    <p> <strong>Amid rapidly deteriorating macroeconomic situation in Turkey, the road ahead for the country’s President Recep Tayyip Erdogan is set to get tougher. Turkey is slated to go to polls …

  • Economy

    Will trade with India ultimately bail out Pakistan’s ailing economy?

    by Mahua Venkatesh May 8, 2022
    by Mahua Venkatesh May 8, 2022

    <p> <strong>The Pakistani rupee seems to be coming under pressure once again after showing some resilience. On May 7, the currency was pegged at over 186 to a US dollar. …

  • Economy

    ED seizes Rs 19.3 crore in raids on Jharkhand officials linked to MGNREGA fraud

    by IN Bureau May 7, 2022
    by IN Bureau May 7, 2022

    <p> The Enforcement Directorate (ED) has seized Rs 19.3 crore in hard cash in raids carried out at multiple locations in connection with the Jharkhand MGNREGA funds fraud case and …

  • Economy

    Amid rising global uncertainties, India, Bangladesh to work closely to strengthen regional cooperation

    by Mahua Venkatesh May 6, 2022
    by Mahua Venkatesh May 6, 2022

    <p> <strong>India and Bangladesh will jointly work towards strengthening regional cooperation and development in the aftermath of the Covid 19 pandemic. That apart the changing geopolitical contours driven by the …

  • Economy

    Threat of global hunger demands major reform of the Indian farm sector

    by Mahua Venkatesh May 5, 2022
    by Mahua Venkatesh May 5, 2022

    <p> <strong>Indian farmers are planning a massive rally in New Delhi later during the year to press for bringing in reforms in the agriculture sector. About a lakh farmers from …

  • Economy

    India UAE trade agreement kicks off from this month

    by IN Bureau May 4, 2022
    by IN Bureau May 4, 2022

    <p> <strong>As the recently inked Comprehensive Economic Partnership Agreement (CEPA) between India and UAE kicked off from May 1, New Delhi is looking to significantly expand its exports horizon in …

  • Economy

    With an eye on inflation, RBI unexpectedly increases policy rates, repo rate now at 4.4%

    by IN Bureau May 4, 2022
    by IN Bureau May 4, 2022

    <p> <strong>Amid increasing inflation, the Reserve Bank of India unexpectedly hiked policy rates by 40 basis points to 4.4 per cent along with a 50 basis points hike in the …

  • Economy

    After Ukraine war, Egypt, world’s largest wheat importer wants to buy grain from India

    by Mahua Venkatesh May 4, 2022
    by Mahua Venkatesh May 4, 2022

    <p> <strong>After Egypt, many more countries are now looking to purchase wheat from India. Egypt, the world’s largest importer of wheat, is already looking to source the cereal from India …

  • Economy

    Musk says Twitter might charge fee for commercial and govt use

    by IN Bureau May 4, 2022
    by IN Bureau May 4, 2022

    <p> Elon Musk has said that Twitter might charge a "slight" fee for commercial and government users as part of his plans to increase revenue which has lagged behind rivals …

  • Economy

    UAE set to help Pakistan’s ailing economy–high level delegation to visit Islamabad

    by IN Bureau May 3, 2022
    by IN Bureau May 3, 2022

    <p> <strong>A high powered delegation from the UAE will arrive in Pakistan to discuss ways to expand economic, trade and investment cooperation.</strong></p> <p> Pakistan Prime Minister Shehbaz Sharif paid a …

  • Economy

    Pakistan’s April inflation was at 13.4% but prices are set to further rise in the coming months

    by Mahua Venkatesh May 3, 2022
    by Mahua Venkatesh May 3, 2022

    <p> <strong>Pakistan’s annual inflation rate in April rose to 13.4 per cent – the highest in two years. In March the figure was 12.7 per cent. Inflation in the south …

  • Economy

    Rs 80 crore worth cocaine seized from two passengers at Hyderabad airport

    by IN Bureau May 2, 2022
    by IN Bureau May 2, 2022

    <p> The Directorate of Revenue Intelligence (DRI) has caught a man from Tanzania and a woman from Angola and seized 8 kg of cocaine from the duo worth Rs 80 …

  • Economy

    Sri Lanka’s inflation skyrockets to 29.8% in April mirroring economic decay

    by IN Bureau May 2, 2022
    by IN Bureau May 2, 2022

    <p> <strong>Amid an acute economic crisis, Sri Lanka’s inflation touched 29.8 per cent in April. In March it was 18.7 per cent. Hit by shortage of food, fuel and medicines, …

  • Economy

    More than 75% work on Rs 951 crore project to expand Trichy airport completed, says Govt

    by IN Bureau May 2, 2022
    by IN Bureau May 2, 2022

    <p> More than 75% of the construction work for the new terminal building at Trichy airport has been completed and the project will be ready by April 2023, the Ministry …

  • Economy

    Can Saudi package offset Pakistan’s financial reliance on China?

    by Mahua Venkatesh May 2, 2022
    by Mahua Venkatesh May 2, 2022

    <p> <strong>For the cash starved Pakistan, which is negotiating with the International Monetary Fund (IMF) for financial assistance, a big ticket loan of about $8 billion from Saudi Arabia couldn’t …

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