Search For "billion"
Pakistan: Policymakers call for effective implementation of track and trac
Updated : 2 years, 2 months ago IST
Shockingly, since its implementation in July 2022, the illicit sector's share has grown from 37% in the financial year 2021-22 to 63% by the end of 2023-24. This increase is expected to cause a revenue loss of Pakistan rupee (PKR) 310 billion to the government in FY24.
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China: Search engine Baidu scraps acquisition of live streaming platform Y
Updated : 2 years, 2 months ago IST
Baidu, China's leading search engine, terminated its planned USD 3.6 billion acquisition of Nasdaq-listed Joyy (YY) live streaming business dealing a blow to its effort to diversity revenue and expand its live-streamingng business in the country, CNN reported.
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Seminar on net zero goals planned during Vibrant Gujarat Global Summit
Updated : 2 years, 2 months ago IST
At the COP26 summit in Glasgow in 2021, Prime Minister Narendra Modi committed to an ambitious five-part "Panchamrit" pledge, including reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, reducing emissions by 1 billion tonnes by 20
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1 Billion Followers Summit to gather over 100 Industry giants and top CEOs
Updated : 2 years, 2 months ago IST
The 1 Billion Followers Summit, organised by New Media Academy, has revealed an elite roster of CEOs and trailblazers in creative industries, digital media, investment, finance, business, and entrepreneurship, leading a series of illuminating sessions, workshops, talks and keynotes during th
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India's forex reserves rose by USD 58 billion cumulatively in 2023
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves increased by USD 4.471 billion to USD 620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank of India showed. In the calendar year 2023, the RBI added about USD 58 billion to its foreign
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UAE: 1 Billion Followers Summit forges strategic partnerships
Updated : 2 years, 2 months ago IST
The 1 Billion Followers Summit has unveiled its strategic partners for its second edition, with support from Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, Dubai Municipality and Emirates Airline, the summit's Official Carrier.
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Priyanka Gandhi slams Centre over rising fuel prices, inflation
Updated : 2 years, 2 months ago IST
Congress leader Priyanka Gandhi Vadra on Saturday slammed the Centre over the rising fuel prices and inflation in the country. "Crude oil has become cheaper by 29% in the international market in 19 months. Oil companies have earned Rs 1.32 lakh crore profit in six months. The burden of their
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India's coal import strategy shifts as power plants adapt to domestic supp
Updated : 2 years, 2 months ago IST
As per S&P Global, despite this reduction, the country experienced an 11.2 per cent surge in coal-based power generation during the same period, reaching 779.1 billion units.
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UAE hosts over 2,000 food, beverage manufacturing companies
Updated : 2 years, 2 months ago IST
The UAE hosts over 2,000 food and beverage manufacturing companies, generating US$7.63 billion (AED28 billion) in annual revenue, constituting 25 per cent of the country's manufacturing GDP, and ranks second only to the oil and gas industry.
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Pakistan International Airlines privatization plan fails due to its financ
Updated : 2 years, 2 months ago IST
Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks involved in lending to PIA include the National Bank and Bank of Punjab, along with eight other commercial banks.
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Adani and Sirius join forces to propel India's digital economy with USD 17
Updated : 2 years, 2 months ago IST
Sirius JV emerges as a key player in the digitalization of India's economy, capitalizing on Sirius's global digital transformation expertise and Adani's strategic insights. The venture is set to lead the USD 175 billion digital transformation opportunity, which is projected to evolve into a
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Pak General Elections 2024: PKR17 billion allocated for security purpose b
Updated : 2 years, 2 months ago IST
The Election Commission of Pakistan (ECP) has allocated (PKR)17 billion for security linked to the upcoming general election in 2024 on Thursday.
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