Page 3 - Economy

From banking to sports to vodka, Russia's isolation grows amid Ukraine war

It's a globalised world a planet stitched together by intricate supply chains, banking, sports and countless other threads of deep connection. Until it isn't.

LIC IPO documents: Insurers' unclaimed amount crosses Rs 20,000 crore

Total was in excess of Rs 20,000 crore as of September, shows offer document data

A first in 3 decades, retail inflation in US higher than India for 4 months

But for the first time in the past 30 years, the US reported a higher consumer price inflation (CPI) rate than India in five consecutive months

Budget will bring stability to economy, predictability in taxation: FM

The Finance Minister further said that if India doesn't have a vision for 100 years then will suffer similarly to the first 70 years.

SMC signs MoUs with Praja Foundation and Azim Premji Foundation

The LG asked the officials of the municipal corporation and other stakeholders to understand these challenges and work accordingly

Green bonds to be rupee-denominated with long tenure: DEA secy

FM Nirmala Sitharaman in her Budget Speech announced that the government proposes to issue sovereign green bonds to mobilise resources for green infrastructure

Two-third Indians believe Budget positive for economy: LocalCircles' survey

A survey conducted by LocalCircles to understand how Budget 2022 would benefit India, found that two out of every three Indians believe the Budget will have a positive impact on the economy.

Business confidence buoyant in Q3 FY22, says economic think-tank NCAER

The business confidence has remained buoyant in the third quarter of the current financial year, said economic think-tank NCAER.

Economic Survey provides a lot of cheer on the state of the economy

It cautions on areas of concern, which if known beforehand, are easier to tackle as they don't come as shocks. So it is a good precursor to the Union Budget

Cash-strapped Pakistan looks to secure $3 bn loan from China

Cash-trapped Pakistan is looking to secure a USD 3-billion loan from China and investments in half a dozen sectors during PM Imran Khan's visit to Beijing next week, a media report said

Economy needs more hand-holding, fiscal correction can wait: Report

The successive waves of the pandemic has made it more difficult to reduce government debt as a share of GDP in the medium-term, said Goldman Sachs

Pakistan's upper house of parliament passes law for central bank's autonomy

The bill gives the bank independent powers to control price stability and monetary policy

Equitas SFB reports flat growth in net profit at Rs 108 cr in Dec quarter

The South-based SFB had posted a net profit of Rs 111 crore in the year-ago quarter

Indian start-ups feel the heat of global technology-driven sell-off

Shares of the handful of start-ups listed on the domestic bourses have come off sharply from their record highs

Party-hard Dubai ponders new workweek debate: When's brunch?

Most of the nation's expatriate-dominated private sector, however, works the full day

China's 'little giants' are its latest weapon in the US tech war

That's the designation for a new generation of start-ups that have been selected under an ambitious government program aimed at fostering a technology industry that can compete with Silicon Valley

Pakistan holds steady on interest rates but trims FY22 GDP forecast

Pakistan's finance minister has said the tax changes would raise $1.9 billion

Largest-ever power cuts hit Turkey's industrial production: Report

The government has imposed three days of power outages a week in the country's hundreds of organised industrial zones

The growth vs value debate

With oil prices and inflation rising once again, markets are back to early 2021

Recovery tracker: Economic activity slows further, power demand stays weak

Domestic air traffic, retail and recreation visits down