Economy
- World
Sri Lanka Prez calls for cross party support for economic transformation bill
Colombo: Sri Lanka’s President Ranil Wickremesinghe on Sunday urged all political parties to support the economic transformation bill in Parliament as an urgent measure to help the crisis-hit island nation sustain its…
- Pakistan
IMF warns of high downside risks for Pakistan’s economy
Islamabad: The International Monetary Fund (IMF) has issued a stark warning about Pakistan’s economic future, highlighting exceptionally high downside risks in its latest report. The report, released ahead of talks between the…
- India
India’s net oil import bill drops 16% but import dependency hits new high
New Delhi: India’s crude oil import dropped 16 percent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official…
- World
Sri Lankan economy records 4.5% growth in fourth quarter of 2023: Central Bank
Colombo: After six successive quarters of negative growth, Sri Lanka’s bankrupt economy is estimated to have recorded a growth of 4.5 per cent year-on-year in the fourth quarter of 2023, the Central…
- News
PM Modi’s Kashmir visit: Rs 6,400 cr package to boost agri-economy, tourism in J&K
New Delhi: Prime Minister Narendra Modi will visit Srinagar on Thursday where he will unveil a Rs 6,400 crore package for boosting the agri-economy and tourism sector of Jammu and Kashmir, according…
- Business
‘Increasing women workforce key for India to become $7 trillion economy’
New Delhi: India’s goal to become a $7 trillion economy is only possible when participation of women in the workforce increases by 50 per cent, according to an expert on Monday. While…
- Business
India’s GDP grows at 8.4 pc in Q3; economy to expand at 7.6 pc in FY24: Govt data
New Delhi: India’s economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian…
- Featured News
Does a legally binding MSP benefit farmers, agriculture, and the economy?
The ‘Delhi Chalo’ protests by farmers revolve around the primary demand for a legally binding Minimum Support Price (MSP) for all 23 major agriculture crops, with the added condition that the MSP…
- 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…