New Delhi [India], May 6 (ANI): The government's increase in petrol and diesel taxes by 21 dollars a barrel and 27 dollars a barrel will result in tax collection increasing by about 21 billion dollars if the tax hike is maintained for a full year, Moody's Investors Service said on Wednesd
Washington D.C. [US], May 5 (Xinhua/ANI): The U.S. Department of the Treasury said on Monday that it plans to borrow about 3 trillion U.S. dollars in the second quarter to support the economy through the COVID-19 pandemic.
Mumbai (Maharashtra) [India], May 4 (ANI): JSW Steel, the flagship business of 14 billion dollar JSW Group, on Monday reported crude steel production of 5.63 tonnes in April, clocking an average capacity utilisation of 38 per cent.
Chicago [USA], May 1 (ANI): Aerospace major Boeing has raised 25 billion dollars in a bond offering and said it will not seek government aid in the fallout from coronavirus pandemic.
Manila [The Philippines], May 1 (ANI): Japan has committed to providing emergency support of 150 million dollars to Asian Development Bank (ADB) which is providing several targeted interventions to support its developing member countries (DMCs) in combating the effects of novel coronaviru
Singapore, April 30 (ANI): Moody's Investors Service on Thursday assigned a definitive Baa3 senior secured rating to the 10-year one billion dollars senior secured bullet bonds issued by Adani Electricity Mumbai Ltd (AEML).
Noida (Uttar Pradesh) [India], April 30 (ANI): In a bid to restore the idea of becoming a five trillion dollar economy, India needs to give priority to sectors like Agriculture, Finance and Health, said former bureaucrat SC Srivastava.
Manila [The Philippines], April 28 (ANI): The Asian Development Bank (ADB) on Tuesday approved a 1.5 billion dollar loan to India to help fund its response to the novel coronavirus disease (COVID-19) pandemic.
New Delhi [India], April 27 (ANI): After a record-breaking six billion dollars in Q4 19, venture capital (VC) investment in India fell sharply to just 2.2 billion dollars in Q1 20 in part due to economic uncertainty, professional services firm KPMG said on Monday.
Islamabad [Pakistan], April 24 (ANI): The Asian Development Bank (ADB) will give USD 1.7 billion dollars to Pakistan to help the nation in containing the coronavirus outbreak and to mitigate the economic impact of it.
Geneva [Switzerland], April 24 (ANI): The potential revenue loss by European carriers in 2020 has grown to 89 billion dollars and passenger demand measured in revenue passenger kilometres) is projected to be 55 per cent below 2019 levels, according to the International Air Transport Associat
Singapore, April 24 (ANI): Airlines in India are likely to suffer a revenue loss of 11.2 billion dollars this year leading to 2.9 million jobs at risk as passenger demand falls by 47 per cent due to COVID-19 crisis, the International Air Transport Association (IATA) said on Friday.