Economy
Economy News
US president Joe Biden pushes economic, security aims as he ends South Korea visit
At a time of high inflation and simmering dissatisfaction at home, Biden emphasized his global mission to strengthen the American economy by convincing foreign companies like Hyundai to launch new operations in the US
Jitendra Singh underlines the critical importance of agri-tech startups for India's future economy
The union minister emphasized that agriculture is one of the important pillars of the Indian economy as 54 per cent of the Indian population depends directly on agriculture and it accounts for around 20 per cent of GDP
North Korea reports 262,270 more suspected COVID-19 cases, caseload nears two million
The country is also trying to prevent its fragile economy from deteriorating further, but the outbreak could be worse than officially reported since North Korea lacks virus tests and other health care resources
Cryptos can lead to dollarisation of economy: RBI officials to par panel
There are an estimated 15 million to 20 million crypto investors in India, with total crypto holdings of around USD 5.34 billion
India among most challenging economies with respect to IP protection, says USTR; retains Delhi on Priority Watch List
The US trade representative said over the past year, India has remained inconsistent in its progress on IP protection and enforcement
Global financial leaders discuss debt crisis in IMF-World Bank meeting in wake of Sri Lankan problem
Sri Lanka is witnessing large-scale protests against the government's handling of the debt-ridden economy — the worst-ever economic crisis in the country's history
China economy accelerates in first quarter but government warns of 'significant challenge'
Virus restrictions in March have already gouged at retail sales, as consumers shied away from shopping, and drove up unemployment
Prime Minister Shehbaz Sharif calls for 'Pakistan speed' to fix stagnant economy and rush development projects
'Pakistan speed' policy is an extension of a similar programme Sharif introduced as chief minister of Punjab where he was credited with launching a series of high-profile projects
Why liquor industry in India is desperately seeing incentives
The alcohol industry bears the maximum brunt of political and economic ramifications.
Ukraine war exposes Russia's alarming hold over German energy infrastructure
The German subsidiaries of Russian giants Gazprom and Rosneft are key players in the energy landscape of Europe's biggest economy
Earth and soul | How green jobs are eco-friendly, sustainable and futuristic
It is time to tap the potential of green jobs and integrate them to our economy so as sustainability becomes a culture
India records all-time high gross GST collection in March; rakes up Rs 1.42 lakh-crore revenue
The gross GST collection in March 2022 is all-time high, breaching an earlier record of Rs 1,40,986 crore collected in January. The revenues for March 2022 are 15 per cent higher than the GST revenues in the same month last year
As fuel crisis worsens, Sri Lanka plunges into 10-hour daily power cut
Sri Lanka is facing an unprecedented acute economic and energy crisis caused due to shortage of foreign exchange.
How blue economy can help rewrite India’s growth story post pandemic
With bright possibilities in India, the blue economy should get a much needed framework for unlocking the potential for inclusive economic growth
Fitch slashes FY23 India growth forecast to 8.5 from 10.3% on high energy prices
With the Omicron wave subsiding quickly, containment measures have been scaled back, setting the stage for a pick-up in GDP growth momentum in the June quarter this year, the agency said.
US and China send top aides for a meet in Rome as tensions mount over Russia
White House national security adviser Jake Sullivan warned Beijing to avoid helping Moscow evade punishment from global sanctions that have hammered the Russian economy
Russia-Ukraine conflict: How Tajikistan and other Central Asian nations have become accidental victims
The sanctions imposed by the West over the conflict in Ukraine were aimed to cripple Moscow’s economy. They are also causing collateral damage, as millions of migrant workers from Tajikistan, the Kyrgyz Republic, and Uzbekistan working in Russia suffer
GST Council may consider proposal to raise lowest slab to 8%, rationalise tax slabs
A panel of state finance ministers is likely to submit its report by this month end to the Council suggesting various steps to raise revenue, including hiking the lowest slab and rationalising the slab.
Ukraine's economy is another sad victim of Russia's 'hybrid war'
The squeezing of Ukraine's economy is a key destabilising tactic of Russia in what the government describes as "hybrid warfare" intended to eat away at the country from within
Kerala’s model of development isn’t all that it’s made up to be: Numbers reveal a different picture
The debate on ‘Kerala’s model’ erupted when Yogi Adityanath said that if the BJP wasn’t voted to power in Uttar Pradesh, it would turn into the southern state, which prompted Pinarayi Vijayan to hit back