economic
- Middle East
Syria devalues local currency amid worsening economic situation
Damascus: Amid a worsening economic situation, the Central Bank of Syria has lowered the official Syrian pound’s exchange rate against the US dollar for the second time since September 2022, reflecting a…
- Pakistan
Pakistan in financial emergency
Islamabad: The consistent depreciation of the Pakistani rupee is deepening the economic crisis in the country, said the Pakistan Business Forum (PBF). In a statement, PBF CEO Ahmad Jawad said: “Pakistan’s economy…
- India
MP’s economic condition likely to be an issue in assembly polls
Bhopal: The economic condition of the state will likely be one of the key issue in the upcoming assembly elections in Madhya Pradesh, with the Opposition Congress hitting out at the ruling…
- India
Economic inequality in India linked to caste, gender discrimination: Bhalchandra Mungekar
Jalna: Economist and former Rajya Sabha MP Dr Bhalchandra Mungekar on Monday said economic inequality in India is linked to caste and gender discrimination. Dr Mungekar was speaking at the concluding function…
- Technology
Amazon freezes corporate hirings amid rough economic conditions
New Delhi: Amazon has announced to freeze new hirings in its corporate workforce, with the global economy “in an uncertain place”. Beth Galetti, Amazon’s senior vice president of people experience and technology,…
- World
German labor market remains robust amid economic uncertainties
Berlin: The number of unemployed people in Germany declined slightly to 2.44 million in October, as the unemployment rate fell to 5.3 per cent, the country’s Federal Employment Agency (BA) said. “Overall,…
- News
Israel, Bahrain discuss strengthening economic ties
Jerusalem: Israeli Finance Minister Avigdor Lieberman and Bahrain’s Commerce and Industry Minister Zayed R. Alzayani have discussed ways to strengthen economic ties between the two countries. In a meeting in Jerusalem with…
- Technology
Global smartphone market sinks to lowest Q3 level since 2014
New Delhi: The global smartphone market declined by 12 per cent (year-on-year) even as it grew by 2 per cent (on-quarter) to reach 301 million units in Q3, its lowest Q3 level…
- World
Japan keeps economic view for 4th straight month
Tokyo: The Japanese economy is recovering moderately, the government said in a report on Tuesday, retaining the view for the fourth successive month, owing to demand bouncing back as the downside effects…
- Business
Amid high inflation & weak rupee, Fin Min review says economic performance ‘impressive’
New Delhi: Even as economic growth and rising inflation remain major concerns for India, with Finance Minister Nirmala Sitharaman saying that these twin challenges would be in focus in the next Union…
- Technology
51% of daily Bitcoin volume on crypto exchanges fake: Report
New Delhi: More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed. Bitcoin…
- Business
Slow recovery of low income households slowed down India’s economic recovery
Chennai: The slow economic recovery of the low income households post Covid-19 pandemic has resulted in the overall economic recovery of the country, said Kotak Securities Ltd. In a research report, Kotak…