While annual inflation fell in November for the first time in more than a year, inflationary pressures still remain broad-based …
Iran’s state media denies abolition of ‘morality police’ as three-day strike begins
The news – an interpretation of a comment by an Iranian official during a press conference – turned out to be anything but clear cut. The country’s state media has since denied it. Many Iranian …
Oil tanker jam forms off Turkey after start of Russian oil cap
A traffic jam of oil tankers has built up in Turkish waters after western powers launched a “price cap” targeting Russian oil and as authorities in Ankara demanded insurers promise that any vessels …
Vietnam central bank raises cap on 2022 credit growth
Vietnam’s central bank said on Monday it had raised its 14 per cent cap on the local banking system’s credit growth for this year by 1.5-2.0 per centage points.The move comes after the local property …
Shriram Finance becomes India’s largest NBFC post merger with 2 group entities
Shriram Finance Limited (Shriram Finance) has been established by the merger of Shriram Transport Finance Company, the largest financier of commercial vehicles, and Shriram City Union Finance, the …
Minister for Finance appreciates solidarity of UN with Pakistan in wake of devastating floods in country
Minister for Finance Senator Mohammad Ishaq Dar has appreciated the solidarity of United Nations with Pakistan in the wake of devastating floods in the country. He was talking to the Under Secretary …
Dovetail climate finance with sustainable development goals, says India at G20 Sherpa meet
We need to build new approaches, this is a unique form of both the developed world and emerging economies: Amitabh Kant …
Shriram Finance turns India’s largest retail NBFC after merger: Group
India’s largest financier of commercial vehicles, and Shriram City Union Finance, the largest two-wheeler financer, have been merged to form Shriram Finance. Shriram Finance will be India’s largest …
Pakistan announces purchase of oil and diesel from Russia at discounted prices
Pakistan’s Petroleum Minister Musadik Malik announced Monday that Russia will sell crude oil, refined oil and diesel to his country at a reduced price. The purchase was negotiated last week by Malik …
India to step up state spending to boost growth – finance minister
India plans to use government capital spending to sustain strong economic growth, finance minister Nirmala Sitharaman told the Reuters NEXT conference on Wednesday, forecasting a “very good” economy …