Economy

<p> <strong>A steady depreciation of Pakistan’s currency has led to an increase in the country’s food import bill in the current financial year. In the beginning of July last year—the …

<p> <strong>Amid rising economic challenges Pakistan’s remittances in January dropped by about $450 million. Pakistan received remittances worth $ 2.1 billion, a fall from $2.5 billion in December, 2021. This …

<p> The Enforcement Directorate (ED)  has arrested a prominent jeweller in Hyderabad,  Sanjay Agarwal who is a managing partner of Ghanshayamdas Gems and Jewels,  in a Rs 67 crore loan …

<p> The CBI on Saturday filed a case against ABG Shipyard and its Directors Rishi Agarwal, Santhanam Muthuswamy, and Ashwini Kumar for allegedly cheating 28 banks of a whopping Rs …

<p> <strong>Amid rising economic crisis in Afghanistan more than 40 per cent of craftspeople have stopped their work due to the change in the country’s political regime and the ongoing …

<p> <strong>Nepal’s rice production is thinning even as its population grows. Overall food imports in the country, which is otherwise agriculture based, have risen sharply at a time when Kathmandu …

<p> <strong>With rising import bills amid the Covid 19 pandemic and declining foreign exchange reserves, the going for the Sher Bahadur Deuba government will get tougher. Kathmandu too is now …

<p> <strong>China’s just concluded week-long Lunar New Year season has failed to bring cheer amid concerns over a prolonged economic slowdown. Stringent Covid 19 induced restrictions created confusion among people …

<p> <strong>Even as a near bankrupt Sri Lanka averted a default by repaying $500 million international sovereign bond (ISB) in January, anxious global investors are monitoring the economic situation closely. …

<p> Gautam Adani is now the richest person in Asia as his net worth shot up by $12 billion this year to a phenomenal $88.5 billion which surpasses compatriot Mukesh …

<p> India exported tractors worth $1.025 billion during the first nine months of the current financial year (April-December 2021), according to data released by the Commerce and Industry Ministry on …

<p> The Income Tax Department has rolled out two new email IDs- TAR.helpdesk@incometax.gov.in and ITR.helpdesk@incometax.gov.in to assist taxpayers in the resolution of any grievance related to e-filing.</p> <p> All taxpayers/tax …

<p> <strong>As Turkey’s inflation hit 48.69 per cent in January amid the dramatic fall in the value of its currency, lira, desperate and helpless citizens are now switching to crypto …

<p> <strong>Bangladesh Foreign Minister AK Abdul Momen has assured citizens that there is no fear of falling into any kind of Chinese debt trap as the volume of loans from …

<p> India’s growth will directly impact Nepal’s economy as the two countries share an open border policy. Small wonder that India’s Budget announcements are critically scrutinized even by several other …

<p> Prime Minister Narendra Modi said on Saturday that climate action was given more importance in the union budget 2022 and it reflects the country’s commitment towards a green future.</p> …

<p> <strong>The much-awaited transboundary Janakpur-Jayanagar Railway service between India and Nepal is finally set to commence within this month. Prime Minister Narendra Modi and his Nepalese counterpart Sher Bahadur Deuba …

<p> <strong>Much to the relief of Pakistan Prime Minister Imran Khan, the International Monetary Fund (IMF) approved disbursement of $1 billion as part of its $6 billion loan programme under …

<p> Facebook founder Mark Zuckerberg’s personal net worth dropped by $30 billion on  Thursday after his company’s shares crashed by 26%, knocking him out of the world’s Top 10 richest …

<p> <strong>India’s focus on Neigbourhood First has got a boost as Finance Minister Nirmala Sitharaman in her fourth Union Budget earmarked Rs 300 crore towards financial assistance to Bangladesh in …

<p> <strong>As China rolls out frantic measures to clean up bad debts in its local governments and their financing arms known as local government financing vehicles (LGFVs), non performing assets …