economic
- World
Italy’s GDP expands 0.5% in Q3
Rome: Italy’s economic growth streak continued in the third quarter of this year, with the country registering 0.5 per cent growth from the previous quarter, the government’s main statistics entity reported. According…
- 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…
- Business
Uber rival Lyft freezes all hirings amid economic instability
San Francisco: Ride-hailing platform Lyft has announced to freeze all hirings amid the economic instability and recession fears. The freeze affects all Lyft departments in the US and will last into next…
- World
Sri Lanka present economic woes, debt structuring plans to creditors
Colombo: Sri Lanka will on Friday present its economic woes, debt restructuring plans and a deal that it struck with the International Monetary Fund (IMF) to external creditors in an attempt to…
- World
Sri Lanka parliament passes 2022 interim budget amid economic crisis
Colombo: Sri Lanka’s Parliament passed the interim budget presented by President Ranil Wickremesinghe for 2022 on Friday, a day after the IMF announced it will provide a loan of about USD 2.9…
- Pakistan
Onus on Pakistan to resume trade ties with India
New Delhi: The onus is on Pakistan to resume trade with India as it was Islamabad that suspended the bilateral economic engagement in 2019, people familiar with the development said on Thursday.…
- World
Major US carrier Aha Airlines going bust in post-pandemic situation
New York: Majority of airlines in the US are struggling in a post-pandemic inflationary economic climate, even though they gained an uptick in 2021, well into the coronavirus times. Countless flight delays…
- Technology
Crypto scam revenue slips 65% amid economic downturn
New Delhi: As the global downturn continues, the crypto scam revenue for 2022 also dropped 65 per cent at $1.6 billion this year, lower than where it was through the end of…
- Technology
SoftBank posts massive $23.4 bn net loss, 2nd straight quarter in red
Tokyo: Japanese investment major SoftBank Group on Monday posted a huge $23.4 billion loss in the April-June quarter, as tech stocks continued to get hammered in the economic downturn. The Masayoshi Son-led…
- Business
Odisha govt approves 11 investment proposals of Rs 2,253cr
Bhubaneswar: The Odisha government has approved 11 investment proposals worth Rs 2,253.15 crore which will create employment opportunities for 3,817 people, officials said on Thursday. The state level single window clearance authority…
