Economy Crisis
- World
Vietnam’s economy to slow down due to Typhoon Yagi
Yagi Hanoi: Vietnam’s economy is expected to slow down by 0.15 percentage points compared with an earlier growth estimate of 6.8-7 per cent this year due to typhoon Yagi, local media reported…
- Pakistan
Pakistan plans to privatise state-owned enterprises to boost economy
Karachi: Pakistan plans to offload dozens of state-owned enterprises, including the ailing national flag carrier, as the cash-strapped country seeks another bailout package from the IMF to bolster the economy that has…
- India
Cash-strapped Pakistan seeks USD 2 billion loan from China
Islamabad: Cash-strapped Pakistan has sought financial assistance of USD 2 billion from its close ally China for a year, according to a media report on Saturday, January 27. Caretaker Prime Minister Anwaarul…
- India
Shah, top ministers hold meeting with RSS officials, discuss economic issues
New Delhi: Union Home Minister Amit Shah on Thursday held a meeting with senior office-bearers of the Rashtriya Swayamsevak Sangh (RSS) and its affiliated organisations here to discuss the state of the…
- World
China’s loans to Africa worries World Bank President
London: World Bank President David Malpass has said he is concerned about some of the loans China has been making to developing economies in Africa, according to a media report. David Malpass…
- World
Nepal economy may go Sri Lankan way: Ex-central bank governor
Kathmandu: Dipendra Bahadur Chhetri, the former Governor of Nepal Rastra Bank (NRB), has said that the situation of Nepal’s economy is not like that of Sri Lanka. However, if the political rights…
- India
Country’s wholesale inflation up by 15.08 percent
New Delhi: Wholesale inflation in India surged to 15.08 percent in April from 14.55 percent in the previous month due to a sharp jump in the prices of fuel, metal, food and…
- Business
Sri Lanka receives USD 160 million from World Bank
Colombo: Sri Lanka has received USD 160 Million from the World Bank and is looking at the possibility of using some of it to buy fuel, Prime Minister Ranil Wickremesinghe told Parliament…
- World
Sri Lanka’s PM proposes selling off flag carrier
Colombo: Sri Lanka’s new Prime Minister Ranil Wickremesinghe has proposed selling off the state-owned SriLankan Airlines as part of efforts to stabilise the island nation’s finances amid the ongoing economic crisis. In…