Search For "economy"
Currency in circulation declines in Diwali week for first time in 20 years
Updated : 3 years, 7 months ago IST
The report said, "In a remarkable development, for the first time in 20 years, currency in circulation declined during the Diwali week. The innovations in technology have changed the Indian payment system. Over the years, the Indian cash lead economy now has changed to smart-phone lead payme
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The French Tech Tour 2022 - Accelerating French innovation in India
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], November 7 (ANI/PRNewswire): Business France, the Trade & Investment Commission of France in India, is organizing, the 6th edition of the 'French Tech Tour to India', from November 14 - 18, 2022. This tech tour consists of an immersion program for 4-innovati
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Pak oil authority warns of looming petrol and diesel shortage
Updated : 3 years, 7 months ago IST
Amid a growing shortage of oil across the world due to the Russia-Ukraine war, the Oil & Gas Regulatory Authority (OGRA) on Monday warned that Pakistan may witness a petrol and diesel shortage.
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China returns to 'planned economy', restores cooperatives system
Updated : 3 years, 7 months ago IST
Panic gripped the Chinese citizens after the return of the Mao-era controlled economy in the country, not only speeding up the restoration of the supply and marketing cooperatives system, but even the share market has begun to pursue the marketing of "social concept shares."
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Manufacturing sector growth to sustain in months to come: FICCI survey
Updated : 3 years, 8 months ago IST
The FICCI Survey reveals that after experiencing a revival of the Indian economy in the FY 2021-22, momentum of growth continued in subsequent quarters of Q1 (April-June 2022-23) and Q2 July-Sept (2022-23) with over 61 per cent of respondents reported higher production levels in Q2 (July-Sep
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Apple iPhone output at China assembly plant in Zhengzhou reduced
Updated : 3 years, 8 months ago IST
Apple on Sunday (local time) said that it has temporarily reduced iPhone 14 production because of COVID-19 restrictions at its assembly plant in China.
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African countries face heat as China slows down lending
Updated : 3 years, 8 months ago IST
Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a result of a slowdown in global growth, rising inflation exacerbated by the war in Ukraine, adverse weather conditions, a tightening in global financial conditions, and the risin
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Pakistan spending 66 per cent of forex on fuel imports
Updated : 3 years, 8 months ago IST
Amid surging energy prices worldwide due to the Russia-Ukraine war and deteriorating economy due to inflation and its depreciating currency, Pakistan is forced to spend 66 per cent of its forex reserve on fuel imports.
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Indian exporters gain from alternate supply chain trends: Emkay Investment
Updated : 3 years, 8 months ago IST
In a response to ANI questionnaire, Emkay Investment Managers Fund Manager Sachin Shah said, "Indian economy is buzzing, most of the consumer discretionary sectors and industrials like real estate, building materials, autos, engineering, chemicals, etc., are witnessing high demand," and adde
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Africa in desperate need for alternatives to tackle China's debts
Updated : 3 years, 8 months ago IST
As the global economy is moving towards recession, African countries, where China has leveraged lopsided loans for geopolitical gain, are in debt distress and need alternatives fast.
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Economy ceased to be priority area for Chinese President Xi Jinping: Repor
Updated : 3 years, 8 months ago IST
The Chinese economy has ceased to become a priority area for Chinese President Xi Jinping's administration.
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China, Saudi Arabia assures Islamabad of providing financial package of US
Updated : 3 years, 8 months ago IST
Pakistan's Finance Minister Ishaq Dar on Saturday said that China and Saudi Arabia will be providing USD 13 billion financial package to Islamabad.
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