.Washington DC [United States], June 4 (ANI): Potential tax revenue losses to the Indian government due to trade misinvoicing are estimated at 13 billion dollars in 2016, according to a study by think-tank Global Financial Integrity (GFI).
Seoul [South Korea], June 2 (ANI): The International Air Transport Association (IATA) on Sunday downgraded its 2019 outlook for the global air transport industry to a 28 billion dollar profit from 35.5 billion dollars forecast in December 2018.
Kuala Lumpur [Malaysia], May 16 (ANI): Preliminary financial performance figures released on Thursday by the Association of Asia Pacific Airlines (AAPA) show that aggregated net earnings of Asia Pacific airlines halved in 2018 to 4.7 billion dollars from 9.6 billion dollars recorded in the p
Washington DC [USA], May 10 (ANI): Hours after Washington doubled tariff on 200 billion dollars worth of Chinese goods, US President Donald Trump said that there is "absolutely no rush" to reach a trade deal with China.
Washington [United States], May 10 (ANI): The Trump administration raised tariffs on 200 billion dollars worth of Chinese imports from 10 to 25 per cent on Friday, escalating a trade war between the world's two largest economies.
Washington [USA], May 6 (ANI): US President Donald Trump on Monday said that the United States allegedly loses USD 500 billion dollars in trade with China every year, adding that they were not "going to be doing that anymore."
Mumbai (Maharashtra) [India], May 6 (ANI): Equity benchmark indices dropped in line with Asian shares on Monday, a day after US President Donald Trump said he will increase US tariffs on 200 billion dollars worth of Chinese goods.
Jaipur (Rajasthan) [India], Apr 29 (ANI): The tourism sector generated 247.3 billion dollars (about Rs 16.9 lakh crore) in 2018, marking a growth of 6.7 per cent and contributing 9.2 per cent to the gross domestic product (GDP), an industry report said on Monday.
Mumbai (Maharashtra) [India], Apr 11 (ANI): Government-owned NMDC Limited is ramping up its iron ore mining capacity and is planning to set up a new integrated steel manufacturing plant at a cost of 2.2 billion dollars (about Rs 15,335 crore).
Washington [United States], Apr 9 (ANI): Remittances to low and middle-income countries reached a record high with Indian diaspora sending 79 billion dollars in 2018 followed by Chinese at 67 billion dollars.
New Delhi [India], Apr 6 (ANI): Developing economies across Asia are among the most vulnerable to natural disasters and have suffered damages estimated at 644 billion dollars since 2000, according to Asian Development Bank (ADB).
New Delhi [India], Apr 4 (ANI): Indian exports of merchandise goods and services could range between 520 to 540 billion dollars during 2018-19, Minister of Commerce and Industry Suresh Prabhu said on Thursday.