Economy
- 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…
- India
GOBARdhan scheme to promote circular economy with investment of Rs 10,000 cr: FM
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said 500 new waste-to-wealth plants under GOBARdhan (Galvanizing Organic Bio-Agro Resources Dhan) scheme will be established to promote a circular economy. These will include…
- Bangalore
Will be pro-people Union Budget, that will support growth of economy: Karnataka CM Bommai
Bengaluru: Karnataka Chief Minister Basavaraj Bommai on Wednesday said that the Union Budget 2023 will be a “pro-people” budget that will support the growth of the economy Talking to reporters, CM Bommai…
- Pakistan
Pakistan Finance Minister seeks divine intervention to rescue sinking economy
Islamabad: As the Pakistan government struggles to arrest the worsening economic crisis, Finance Minister Ishaq Dar sought to allay concerns by invoking divine favor, saying that the country was the only country…
- Business
Microsoft, Qcells colab to curb carbon emissions, power clean energy economy
San Francisco: Tech giant Microsoft has announced that it has partnered with global solar leader Qcells to curb carbon emissions and power the clean energy economy. The “strategic alliance” aims to enable…
- Business
US economy expands 2.9 percent in December quarter
Washington: Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2022. In the third quarter, real GDP increased by 3.2 percent, according to…