Economy
- Pakistan
Tough times ahead for Pakistan as talks with IMF fails
Islamabad: Tough times are ahead for Pakistan as Islamabad and the International Monetary Fund (IMF) have failed to reach a staff-level agreement on a much-needed USD 1.1 billion bailout package aimed at…
- Top Stories
Centre’s policy root cause of Kerala’s economic crisis: FM Balagopal
Thiruvananthapuram: Kerala Finance Minister K N Balagopal, during the budget presented by him in the State Assembly here on Friday, attacked the BJP-led Centre by alleging that its policy was the root cause…
- 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…
- World
Downing Street defends UK economy after dire IMF forecast
London: British Prime Minister Rishi Sunak’s office has been forced to defend the country’s economic performance on Tuesday after a dire International Monetary Fund (IMF) forecast that the UK is set to…
- 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…
- Pakistan
Pakistan’s economy at risk of collapse
Karachi: British publication Financial Times has warned that Pakistan’s economy is at risk of collapse with the government’s “failure to revive” an International Monetary Fund (IMF) deal, Geo News reported. According to…
- World
China’s population drop reflects pessimism about the future
Washington: China’s population has decreased for the first time in over 60 years, signalling the start of long-term decline that will bring demographic challenges for the world’s second-largest economy as well as…
- India
Saudi Arabia set to overtake India as fastest-growing major economy in 2023
Hit by weakening demand, the Indian economy is expected to grow at a slower 7 per cent rate in the current fiscal ending March 2023, setting the stage for the country losing…
- India
Economy to grow at 7 pc in current fiscal: National Statistical Office
New Delhi: The Indian economy is likely to grow at a rate of 7 per cent in the current fiscal, against the 8.7 per cent growth in 2021-22, the National Statistical Office…
- World
Sunak pledges to halve inflation, boost economy
London: UK Prime Minister Rishi Sunak has pledged to halve inflation and boost the country’s economy in his first major speech of the new year. In his speech on Wednesday, Sunak made…
- India
Cash in circulation has increased as economy grew: Experts
New Delhi: The rise in currency in circulation even years after the demonetization move is largely due to the subsequent economic growth, according to economists. According to Reserve Bank of India (RBI)…
- World
Cash-strapped Pak announces early closure of markets, wedding halls to save energy
Islamabad: Cash-strapped Pakistan on Tuesday announced early closure of markets and wedding halls as part of a raft of measures under the energy conservation plan as the government struggled to revive the…
