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Pakistan's current account deficit surges to USD 17.4 billion
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): In spite of multiple actions taken by Pakistan, its current account deficit has surged to USD 17.4 billion or 4.6 pc the size of the economy during the last fiscal year on the rising trade deficit.
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Pakistan's economic outlook is uncertain, blurry
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): The ongoing political unrest in Pakistan is increasing economic uncertainty, causing the rupee to depreciate, and impacting the cost of production.
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Web3 startup TRIKON ECOSYSTEM raised USD 1.5 million seed
Updated : 3 years, 8 months ago IST
New Delhi [India], July 29 (ANI/GPRC): Web3 ecosystem and the world's first decentralised game hosting and distribution platform, TRIKON announced that it has raised USD 1.5 million in seed round with lead investor 5ire Capital and other private investors during its Initial Coin Offering (I
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Biden may decide on China tariffs following call with Xi
Updated : 3 years, 8 months ago IST
Washington [US], July 28 (ANI): Expectation is building that US President Joe Biden may scrap some of the tariffs imposed on roughly USD 350 billion in Chinese imports following a highly-anticipated conversation with Chinese leader Xi Jinping on Thursday.
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Yuvraj Singh backed Wellversed acquires and scales consumer health and wel
Updated : 3 years, 8 months ago IST
New Delhi [India], July 28 (ANI/SRV): Wellversed is building a house of health and wellness brands through acquisitions of early-stage digital-first consumer wellness brands. Wellversed had raised a total of USD 3 Million by October 2021 through prominent investors like Jubilant Foodworks, I
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Pakistani rupee dives to 240 per US dollar
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 28 (ANI): Pakistan rupee depreciated at a record low against the US dollar on Thursday as it dropped to PKR 240.5 against the dollar in the interbank market.
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India targets USD 300 billion worth bioeconomy by 2030
Updated : 3 years, 8 months ago IST
New Delhi [India], July 28 (ANI): Union Minister of State (Independent Charge) Science and Technology and Minister of State (Independent Charge) Earth Sciences Jitendra Singh said India has a target of USD 300 billion in bioeconomy by 2030.
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Meta reports first ever revenue decline
Updated : 5 months, 3 weeks ago IST
Washington [US], July 28 (ANI): Facebook and Instagram's parent company Meta reported its first-ever yearly decline in revenue for the second quarter, announcing a 1 per cent drop to USD 28.8 billion.
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India's imports from China increased 29 pc in 5 years: Centre in Parliamen
Updated : 3 years, 8 months ago IST
New Delhi [India], July 28 (ANI): India's total imports from China increased by nearly 29 per cent in the past five years. Compared to 2017-18 and 2021-22, the annual imports from China rose from USD 89714.23 million to USD 115,419.96 million, Union Minister of State for Commerce and Industr
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US Senate passes USD 280 billion Industrial Policy bill to counter China
Updated : 3 years, 8 months ago IST
Washington [US], July 28 (ANI): The US Senate on Wednesday (local time) passed a USD 280 billion Industrial Policy bill to counter China and bolster American competitive edge and national security.
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Pakistani rupee sinks to all-time low against US dollar
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 27 (ANI): The Pakistani rupee continued to sink against the US dollar for the ninth straight session in the interbank market, hitting a new record low of 236 on Wednesday.
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HAL signs contract worth over USD 100 million with Honeywell for HTT-40 en
Updated : 3 years, 8 months ago IST
Bengaluru (Karnataka) [India], July 27 (ANI): Hindustan Aeronautics Limited (HAL) on Wednesday signed a contract worth over USD 100 million with Honeywell for the supply and manufacture of 88 TPE331-12B engines/kits along with the maintenance and support services to power the Hindustan Train
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