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World Bank, India sign $750 million emergency response programme for MSMEs
Updated : 6 years, 1 month ago IST
New Delhi [India], July 6 (ANI): The World Bank on Monday signed a 750 million dollar (about Rs 5,600 crore) agreement with the government for MSME Emergency Response Programme to support increased flow of finance into the hands of micro, small, and medium enterprises (MSMEs) severely impact
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Global tourism set to lose $1.2 trillion due to coronavirus: UNCTAD
Updated : 6 years, 1 month ago IST
Geneva [Switzerland], July 3 (ANI): The world's tourism sector could lose at least 1.2 trillion dollars or 1.5 per cent of the global gross domestic product (GDP) having been placed at a standstill for nearly four months due to the coronavirus pandemic, according to a new report by UNCTAD.
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JSW crude steel production falls to 2.96 million tonnes in Q1
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], July 3 (ANI): JSW Steel, the flagship business of 12 billion dollar JSW Group, on Friday reported crude steel production of 2.96 million tonnes in the first quarter of the current financial year (April to June).
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Australia announces mega-billion dollar defence plan, says tension rising
Updated : 6 years, 1 month ago IST
Canberra [Australia], July 01 (ANI): Australian Prime Minister Scott Morrison on Wednesday launched 270 billion Australian dollar 10-year defence plan.
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Priyanka Chopra signs first-look television deal with Amazon
Updated : 6 years, 1 month ago IST
Washington D.C. [USA], July 1 (ANI): Actor Priyanka Chopra Jonas has signed a two-year multimillion-dollar first-look television deal with Amazon, reported Variety.
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India's external debt at USD 558.5 billion at end of March-2020
Updated : 6 years, 1 month ago IST
New Delhi [India], June 30 (ANI): The external debt of the country for the year ending March 2020 stood at USD 558.5 billion, the Reserve Bank of India (RBI) on Tuesday said.
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Carlyle to pick up 20 pc stake in Piramal pharma business for $490 million
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 27 (ANI): The Carlyle Group has agreed to pick up 20 per cent stake in Ajay Piramal's pharma business for 490 million dollars (about Rs 3,698 crore), making it one of the largest private equity deals in the Indian pharmaceutical sector.
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India's trade deficit with China totalled $48.6 billion in FY20: Motilal O
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 25 (ANI): India's trade deficit with China more than doubled from 20 billion dollars in FY10 to 48.6 billion dollars in FY20, implying massive surge in dependence on Chinese products, Motilal Oswal Financial Services said on Thursday.
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Beijing's China Pakistan Economic Corridor will be 'trillion dollar blunde
Updated : 6 years, 1 month ago IST
Tel Aviv [Israel], June 22 (ANI): The China Pakistan Economic Corridor (CPEC), a flagship of China's imperialistic and expansionist agenda under its Belt and Road Initiative, is set to soon become a "trillion-dollar blunder" project, say analysts.
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IMF supports 70 nations with 25 billion dollars emergency financing amid C
Updated : 6 years, 1 month ago IST
Washington D.C. [USA], June 20 (ANI): The International Monetary Fund (IMF) supported 70 countries with roughly about 25 billion dollars of emergency financing as the COVID-19 pandemic continues to ripple across the globe, Xinhua news agency reported.
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Global FDI flows projected to plunge 40 pc in 2020: UNCTAD
Updated : 6 years, 1 month ago IST
Geneva [Switzerland], June 18 (ANI): Global foreign direct investment (FDI) flows are forecast to decrease by up to 40 per cent in 2020 from their 2019 value of 1.54 trillion dollars, according to UNCTAD's World Investment Report 2020.
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Welspun Corp reports Q4 net profit at Rs 138 cr
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 17 (ANI): Pipe manufacturer Welspun Corp, part of the 2.7 billion dollar Welspun Group, on Wednesday, reported a consolidated net profit of Rs 138 crore in the quarter ended March as against a net loss of Rs 149 crore in Q4 FY19.
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