Economy
- 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…
- 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…
