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Economy

  • Economy

    Nepal Oil declares itself bankrupt as Kathmandu’s tourism dependent economy hits a new low

    by Mahua Venkatesh January 25, 2022
    by Mahua Venkatesh January 25, 2022

    <p> <strong>Sharp spike in prices in Nepal is hurting its common citizens. What is worse is that many believe that prices will further rise in the coming months especially with …

  • Economy

    Sri Lanka averts international loan default but citizens are not happy

    by Mahua Venkatesh January 21, 2022
    by Mahua Venkatesh January 21, 2022

    <p> <strong>Amid intense scrutiny and fast deteriorating economic situation, Sri Lanka averted a default repaying $500 million international sovereign bond (ISB) that matured on January 18. But the island nation, …

  • Economy

    Pragmatism and strategic autonomy to drive India’s economic story

    by Mahua Venkatesh January 21, 2022
    by Mahua Venkatesh January 21, 2022

    <p> <strong>India is looking to delineate politics and economy as much as possible. Sample this. Notwithstanding the border tension with China, bilateral trade between the two countries crossed a record …

  • Economy

    China’s economic challenges rise but will that lead to the beginning of a collapse?

    by Mahua Venkatesh January 20, 2022
    by Mahua Venkatesh January 20, 2022

    <p> <strong>For China, this year will be a crucial test unlike the beginning of 2021, when the country was almost out of the Covid 19 crisis supported by visible tailwinds …

  • Economy

    China’s real estate sector set for big shakeup with State Owned Enterprises now in pole position

    by Mahua Venkatesh January 11, 2022
    by Mahua Venkatesh January 11, 2022

    <p> <strong>Mergers and acquisitions (M&A) in China’s troubled real estate sector could gain momentum in the next few months. </strong><strong>Beijing has already eased policies related to M&A. Last month, guidelines were …

  • Economy

    Rs 800 crore black cash unearthed in tax raids on real estate firms in AP & Telangana

    by Sushant Maji January 10, 2022
    by Sushant Maji January 10, 2022

    <p> The Income Tax Department has unearthed black money to the tune of a whopping Rs. 800 crore in search and seizure operations carried out on three real estate developers, …

  • Economy

    Unrest in Kazakhstan threatens oil and nuclear fuel supplies

    by Mahua Venkatesh January 7, 2022
    by Mahua Venkatesh January 7, 2022

    <p> <strong>The deepening of the ongoing political turmoil in Kazakhstan has left several countries including China worried. The unrest has not only pushed global oil prices northward but fears of …

  • Economy

    As external debt repayment deadlines inches closer, all eyes on Sri Lanka– will it restructure part of its debt?

    by Mahua Venkatesh January 7, 2022
    by Mahua Venkatesh January 7, 2022

    <p> <strong>Will Sri Lanka restructure its albatross-like external debt? After the country’s foreign exchange reserves dipped to $1.6 billion in November, it improved to $3.1 billion in December. But is …

  • Economy

    From ‘Look East’ to ‘Act East’: India focuses on development agenda for its northeastern region

    by Mahua Venkatesh January 4, 2022
    by Mahua Venkatesh January 4, 2022

    <p> <strong>From the “Look East” policy earlier the thrust now is on “Act East” as Prime Minister Narendra Modi inaugurated a host of infrastructure projects in northeastern states of Manipur …

  • Economy

    Many Sri Lankans keen to relocate to other countries as Colombo stares are bankruptcy

    by Mahua Venkatesh January 3, 2022
    by Mahua Venkatesh January 3, 2022

    <p> <strong>As the economic crisis deepens in Sri Lanka pushing the island nation on the brink of bankruptcy, scores of citizens are looking to relocate to other countries. Citizens, who …

  • Economy

    India Inc says economic growth may not be significantly impacted though minor supply-side glitches may surface

    by Mahua Venkatesh January 3, 2022
    by Mahua Venkatesh January 3, 2022

    <p> <strong>India Inc is not overtly worried despite the spike in fresh Covid 19 cases in India in the last few days though “some minor supply side glitch” cannot be …

  • Economy

    Pakistan bows to IMF demands– drops subsidies in return for financial bailout

    by Mahua Venkatesh January 2, 2022
    by Mahua Venkatesh January 2, 2022

    <p> <strong>As cash strapped Pakistan battles a steady deterioration in economic conditions, the Imran Khan government tabled the Finance (Supplementary) Bill 2021 – touted as a “mini budget” on Thursday. …

  • Economy

    Turkey encounters cheerless new year with lira in free fall

    by Mahua Venkatesh January 2, 2022
    by Mahua Venkatesh January 2, 2022

    <p> <strong>The Turkish lira has been the worst performing currency in the world in 2021. All indications are that the new year will not be any better for the Turks. …

  • Economy

    Taiwan semiconductor tech support to Lithuania will develop regional supply chains for Europe

    by Rahul Kumar January 2, 2022
    by Rahul Kumar January 2, 2022

    <p> Taiwan plans to set up a semiconductor task force for Lithuania as the two tiny nations join hands to develop alternate supply chains which have been disrupted by the …

  • Economy

    Countries wait for India to rejoin RCEP as world’s largest free trade agreement comes into force

    by Ateet Sharma January 1, 2022
    by Ateet Sharma January 1, 2022

    <p> <strong>World's largest free trade agreement, the Regional Comprehensive Economic Partnership Agreement (RCEP), came into force on Saturday, enhancing the economic engagement between 15 countries in the Indo-Pacific, home to …

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