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  • Economy

    Russia’s currency bounces back after Moscow mandates payment for gas in gold-pegged ruble

    by Mahua Venkatesh April 4, 2022
    by Mahua Venkatesh April 4, 2022

    <p> <strong>After falling steadily for days following the Russian invasion of Ukraine, ruble—the Russian currency — is back despite stringent sanctions slapped by the West against Moscow. On April 1, …

  • Economy

    Pakistan rupee depreciates more than 3% in March alone, forex reserves at the lowest level since 2020

    by Mahua Venkatesh April 4, 2022
    by Mahua Venkatesh April 4, 2022

    <p> <strong>The ongoing political uncertainty in Pakistan with the country’s Prime Minister Imran Khan dissolving Parliament on Sunday and calling for early elections has already started impacting the Covid 19-hit …

  • Economy

    Austria’s Duffelware technology to be used for ropeways at forts in Konkan region, says Gadkari

    by IN Bureau April 4, 2022
    by IN Bureau April 4, 2022

    <p> Union Highways Minister Nitin Gadkari on Monday said that the government would use Austria’s Duffelware technology to build ropeways to connect various forts in the Konkan region of Maharashtra.</p> …

  • Economy

    Nepalese PM Deuba invites Indian companies to invest in Nepal

    by IN Bureau April 3, 2022
    by IN Bureau April 3, 2022

    <p> <strong>Nepalese Prime Minister Sher Bahadur Deuba has invited Indian companies to invest in Nepal especially in sectors such as hydropower, manufacturing, tourism, services, infrastructure, and agro-based industries.</strong></p> <p> “Nepal …

  • Economy

    Delhi ranked 3rd busiest airport in the World

    by IN Bureau April 1, 2022
    by IN Bureau April 1, 2022

    <p> IN Bureau</p> <p> Delhi is now ranked as the third busiest airport in the world, moving up 6 places to surpass China’s Guangzhou in March 2022, according to the …

  • Economy

    Rs 800 crore bogus expense, Rs 60 crore cash deal in real estate detected in tax raid on Hero MotoCorp

    by IN Bureau March 31, 2022
    by IN Bureau March 31, 2022

    <p> The Income Tax Department has found that two-wheeler auto giant Hero MotoCorp has shown more than Rs 800 crore as business expenditure in its books which has not been …

  • Economy

    Think tank report shows cost of Pakistan’s institutional processes and frictions is whopping: it’s 39% of its GDP

    by IN Bureau March 30, 2022
    by IN Bureau March 30, 2022

    <p> <strong>At a time when political uncertainty is once again peaking in Islamabad with Pakistan Prime Minister Imran Khan losing majority, Pakistan Institute of Development Economics (PIDE) in a study …

  • Economy

    Delhi cops seize heroin worth Rs 40 crore smuggled in from Myanmar via North East states

    by IN Bureau March 30, 2022
    by IN Bureau March 30, 2022

    <p> The Delhi Police has busted an interstate drug cartel engaged in selling heroin smuggled from Myanmar through the Manipur border.</p> <p> Police have arrested two drug smugglers and seized …

  • Economy

    PurEV electric scooter goes up in flames on Chennai road sparking safety concerns

    by IN Bureau March 30, 2022
    by IN Bureau March 30, 2022

    <p> An electric scooter made by Hyderabad startup PureEV burst into flames at Chennai on Wednesday raising concerns about the safety of such electric vehicles. The incident comes merely two …

  • Economy

    Hackers steal $625 million cryptocurrency in biggest digital theft ever

    by IN Bureau March 30, 2022
    by IN Bureau March 30, 2022

    <p> Hackers have stolen cryptocurrency worth $625 million from a digital ledger used by players of the popular block-chain based online game Axie Infinity in the biggest digital cash thefts …

  • Economy

    Beleaguered Sri Lanka seeks fresh loans from India after New Delhi lends $1 billion

    by IN Bureau March 29, 2022
    by IN Bureau March 29, 2022

    <p> <strong>Cash strapped Sri Lanka, with a debt burden of $6.9 billion this year, has sought another credit line of $1.5 billion from India to meet its import requirements. India …

  • Economy

    India and UAE embark on a brighter future together with Comprehensive Economic Partnership Agreement

    by IN Bureau March 28, 2022
    by IN Bureau March 28, 2022

    <p> <strong>Unveiling the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE), which was signed in February, Commerce and Industry Minister Piyush Goyal said that the …

  • Economy

    Can an aging China take care of its older people by raising their retirement age?

    by IN Bureau March 28, 2022
    by IN Bureau March 28, 2022

    <p> <strong>As Jiangsu becomes the first province in China to raise the retirement age, albeit voluntarily, Beijing is now gradually looking at adopting the policy for government employees across the …

  • Economy

    Airlines to operate 930 daily flights to 40 countries from today as normal schedule kicks in

    by IN Bureau March 27, 2022
    by IN Bureau March 27, 2022

    <p> Domestic and foreign airlines will operate around 930 daily flights on global routes as India has resumed scheduled international flights from today.</p> <p> Indian carriers have proposed 1,466 departures …

  • Economy

    Is Chinese foreign minister Wang Yi aiming to counter US influence in Nepal?

    by Mahua Venkatesh March 26, 2022
    by Mahua Venkatesh March 26, 2022

    <p> <strong>Chinese foreign minister Wang Yi, who arrived in Nepal after a pitstop in New Delhi for a three-day visit, is expected to rekindle bilateral relations between Kathmandu and Beijing. …

  • Economy

    Over 20 benami properties, Rs 55 crore black cash detected in tax raid on Maharashtra group

    by IN Bureau March 24, 2022
    by IN Bureau March 24, 2022

    <p> The Income Tax Department has unearthed benami properties and cash transactions running into crores of rupees in a search and seizure operation carried out on a Mahrashtra-based popular chain …

  • Economy

    Amid slowing birth rate China has another problem at hand– lesser number of marriages

    by Mahua Venkatesh March 24, 2022
    by Mahua Venkatesh March 24, 2022

    <p> <strong>More and more Chinese citizens are opting to remain single and not go in for marriage amid rising job uncertainties and cost of living. This is a cause for …

  • Economy

    Taxmen raid residence and offices of Hero MotoCorp CEO Pawan Munjal

    by IN Bureau March 24, 2022
    by IN Bureau March 24, 2022

    <p> The Income Tax Department carried out raids at the residence and offices of Hero MotoCorp Chairman Pawan Munjal and other top executives of the company in a case of …

  • Economy

    India’s goods exports shoot past $400 billion mark for first time ever

    by IN Bureau March 23, 2022
    by IN Bureau March 23, 2022

    <p> India's merchandise exports surpassed the $400 billion landmark in the current financial year ending March 31, 2022, nine days ahead of the target, Prime Minister Narendra Modi said on …

  • Economy

    Rs 3,000 crore black money deals unearthed in tax raid on leading real estate group in Delhi & NCR

    by IN Bureau March 23, 2022
    by IN Bureau March 23, 2022

    <p> IN Bureau</p> <p> The Income Tax Department has unearthed a black money trail of to the tune of a whopping Rs 3,000 crore by a real estate group in …

  • Economy

    As India looks to increase oil purchase from Russia, support comes from China

    by Mahua Venkatesh March 22, 2022
    by Mahua Venkatesh March 22, 2022

    <p> <strong>As pressure builds on New Delhi to take sides and condemn Russia after it invaded Ukraine, the Chinese state owned media, mostly echoing the government's sentiments, has come out …

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