Finance Minister Nirmala Sitharaman today said the Public Sector Banks have disbursed 18 thousand 306 crore rupees to the Micro, Small and Medium Enterprises, MSME sector.
The Most Troubling China-India Conflict Is Economic
( Opinion) — What’s worse than two populous, nuclear-armed countries killing each other’s soldiers? Two populous, nuclear-armed countries letting their longer-term relationship wither.Fighting along …
Deadly clash in the Himalayas ups ante for China and India
India and China sought Wednesday to deescalate tensions after flexing their muscles in a clash along a disputed border high in the Himalayas that left 20 Indian soldiers dead. The skirmish Monday in …
China-India Clashes May Spur Companies to Rework Supply Pacts
The first deadly face-off between Indian and Chinese troops in more than four decades adds another layer of uncertainty to companies already reeling from the coronavirus pandemic on both sides of the …
China Pledges Credit Boom to Push Economy Out of Virus Slump
China’s central bank wants the flow of credit to the economy to increase to at least 30 trillion yuan ($4.2 trillion) this year, as part of efforts to push the economy out of the coronavirus-induced …
China won’t adopt ‘flood-like’ stimulus nor negative rates – regulator
China’s top banking regulator said on Thursday that the country will not adopt “flood-like” stimulus nor negative rates, warning that unprecedented easing by the Federal Reserve will dent U.S.
China Vice Premier Liu He says monetary policy should be more flexible
China’s Vice Premier Liu He said China’s prudent monetary policy should be more flexible, and it should strengthen counter-cyclical adjustments in economic management, in prepared remarks delivered on …
Singapore Ride-Sharing App Lets Customers Pay With Bitcoin
Singapore-based Ryde announced it will be the first ride-hailing service to incorporate bitcoin payments into its own app.
Envoy: Azerbaijan, Iran to start discussions over preferential trade agreement
By Akbar Mammadov Azerbaijan and Iran will start discussing technical aspects of the preferential trade agreement between the two countries, Iran’s Ambassador to Azerbaijan Javad Jahangirzada said on …
Thailand Says Rising Yields No Bar to $32 Billion Borrowing Plan
Thailand expects to accelerate the pace of borrowing for a 1-trillion-baht ($32-billion) stimulus program and isn’t concerned by a recent steepening in the sovereign-debt yield curve.