Economy
- Business
DPIs like UPI, Aadhaar to propel India towards $8 trillion economy by 2030
New Delhi: Digital Public Infrastructure (DPIs) like Unified Payments Interface (UPI) and Aadhaar are poised to propel India towards a $8 trillion economy by 2030, helping the country achieve a $1 trillion…
- Business
US companies flashing key sign of economic uncertainty
New York: America’s publicly traded companies are flashing a key sign of economic uncertainty — they’ve been hoarding cash, a media report said. Americans have spent down their pandemic-era savings and then…
- India
India can become USD 5 trillion economy much before 2028: Puri
Davos: Union minister Hardeep Singh Puri on Tuesday asserted that India can become a five trillion dollar economy much before 2028 and said the country’s energy transition needs to be done in…
- World
Cutting off foreign students, temporary workers will hit Canadian economy: Report
Toronto: Closing doors to temporary workers and foreign students allowed into Canada would blunt the country’s economic recovery and deepen recession, a capital market company has warned. According to predictions by Montreal-based…
- Middle East
‘Headquarter-in-Saudi Arabia’ rule for firms comes into effect
Jeddah: The mandatory rule by Saudi Arabia for foreign firms that bid for government contracts to establish their regional headquarters in the Kingdom came into effect from Monday. The new regulation will…
- India
Hyderabad: India will remain lower middle economy by 2047, says Raghuram Rajan
Hyderabad: Former Reserve Bank Governor Raghuram Rajan said India will still remain a lower middle country if the potential growth rate remains at 6 per cent annually without any rise in population…
- World
New Zealand PM Christopher Luxon unveils ambitious 100-day plan
Auckland: Newly appointed Prime Minister Christopher Luxon has presented the Coalition Government’s comprehensive 100-day plan, signaling a commitment to transformative change and addressing the challenges faced by New Zealanders. Luxon, emphasizing the…
- World
US jobless claims drop
Washington: Initial jobless claims in the US fell to 217,000 last week, after rising in the previous two weeks amid a slowing economy, the Labor Department reported. In the week ending November…
- Middle East
Israel-Hamas war: How it is impacting Israeli economy
Since the outbreak of war on October 7 between Israel and the Palestinian militant group Hamas, Israeli aggression on the Gaza Strip is wreaking havoc on the already fragile Palestinian economy, not…
- Business
India could be world’s 3rd largest economy by 2027 with nominal GDP of $5tn
New Delhi: India’s importance as a global growth driver will increase with its share of world growth contribution rising from 10 percent in 2021 to 15 percent in 2022, and further to…
- Business
Ola, Porter, Uber & Dunzo worst digital platforms for gig workers: Report
New Delhi: Ola, Porter, Uber and cash-strapped quick-grocery delivery provider Dunzo are the worst platforms for gig workers among 12 digital labour platforms evaluated when it comes to minimum standards of fair…
- India
Congress accuses govt of mismanaging economy across all sectors
New Delhi: Congress on Sunday again trained its gun at the government saying it has mismanaged the economy across all sectors and since it is “too inept” in fixing issues such as…
- Middle East
UAE to create 20,000 jobs in agriculture in the next 5 years
The United Arab Emirates (UAE) aims to increase food and agriculture’s economic contribution by 10 billion dollars (Rs 8,31,05,00,00,000) and create 20,000 jobs within the next five years, its Minister of Economy…