Economy
- Bangalore
Karnataka Cong faces challenge as development stalls for freebies
Bengaluru: Karnataka Congress government which is all set to announce five guarantee schemes promised during elections is facing paucity of funds for the development activities in the state. The experts have warned…
- Pakistan
Pakistan seeks IMF loan to revive economy: Report
Islamabad: Pakistan Prime Minister Shehbaz Sharif has expressed interest in securing a new loan from the IMF during his talks with its chief Kristalina Georgieva though there are slim chances for the…
- India
India on its way to become world’s third largest economy: Niti Aayog CEO
New Delhi: Following its governing council meeting on Saturday, Niti Aayog CEO B.V.R. Subrahmanyam said that India is on its way to become the world’s third largest economy in a couple of…
- Business
Pvt consumption, rural demand to drive growth in Q1: RBI article
Mumbai: India’s growth in the April-June quarter is expected to be driven by private consumption, supported by reviving rural demand, and renewed buoyancy in manufacturing, a Reserve Bank article said on Monday.…
- Jobs
US adds 253,000 jobs in April, surpasses expectations
Washington: The US added 253,000 new jobs for the month of April, according to data published by the Bureau of Labor Statistics. US wages grew considerably, a signal that demand for labour…
- World
Sri Lanka to introduce new laws to achieve green economy: President
Colombo: Sri Lankan President Ranil Wickremesinghe has said that his government would introduce new laws to establish the country as a green economy, according to a statement from the Presidential Media Division.…
- World
Sri Lanka’s Parliament approves IMF bailout package
Colombo: Sri Lanka’s Parliament on Friday approved the much-needed USD 3 billion IMF bailout package to revive the island’s economy which was hit hard by a catastrophic economic and humanitarian crisis sparked…
- World
Malaysians mark Eid-ul-Fitr as economy recovers
Kuala Lumpur: Malaysia’s Muslims marked the Eid-ul-Fitr festival on Saturday as the country sees economic recovery, instilling a more positive vibe in the country following years of disruptions and uncertainty. With a…
- India
India an emerging space economy: Jitendra Singh
Shillong: India is one of the very few countries that have built end-to-end capability in space technologies, Union Minister of State for Space Jitendra Singh said on Monday. Addressing the precursor event…
- Technology
Global IT spending continues to decline for 5th consecutive month
New Delhi: The global IT spending will continue to slow down by 4.4 per cent to $3.25 trillion for the fifth consecutive month, as technology investments continue to show the impact of…
- Featured News
Economy and diplomacy: The writer defends Jaishankar’s ‘Common Sense’ statement on China
Ishrat Aziz India’s External Affairs Minister S Jaishankar said in an interview a few days ago: “Look they (China) are a bigger economy. What am I going to do? As a smaller…
- Middle East
Saudi economy grows 8.7% in 2022: Report
Riyadh: The Saudi Arabian gross domestic product (GDP) grew by 8.7 per cent in 2022, the highest among G20 countries, according to a report issued by the General Authority for Statistics. The…
- India
Tharoor slams Jaishankar for China ‘bigger economy’ remark
Raipur: Congress MP Shashi Tharoor on Saturday criticised External Affairs Minister S. Jaishankar for the latter’s recent remark during an interview that “China is a bigger economy” while defending India’s policy on…
- World
Sri Lanka’s only solution to economic crisis is turning to IMF, says Wickremesinghe
Colombo: Sri Lankan President Ranil Wickremesinghe on Tuesday emphasised that seeking the IMF bailout package was the only option available to the debt-ridden country to overcome the ongoing economic crisis. “When a…
- Middle East
India, Iraq explore ways to diversify trade from oil to non-oil sectors
New Delhi: India and Iraq on Monday discussed ways to further increase and diversify trade from oil to non-oil sectors, while stressing the importance of expanding economic partnership and technology engagement. The…
