Industry body Assocham has identified 15 large import items for ramping up the country’s domestic capacity to achieve the objective of Aatmanirbhar Bharat or self-reliant India in 2-3 years. These …
“Frustration”, Says BJP On Trinamool Leader’s Comment On Finance Minister
In controversial remarks, TMC MP Kalyan Banerjee has equated Union Finance Minister Nirmala Sitharaman with a “venomous snake” for her handling of the economy, drawing sharp reaction from the BJP whic …
Finance Ministry may review capital requirement of PSU banks after second quarter
There is widespread fear that NPAs of the banks will witness a surge due to the economic slowdown triggered by the COVID-19 outbreak and resultant lockdowns.
UAE Non-Oil Private Sector Jumps Back to Growth in June – PMI
“At 50.4 in June, the UAE PMI signalled the first stage of recovery in the non-oil private sector. More firms are now seeing an increase in activity as opposed to a decline, while …
Saudi Arabia Is Bullying OPEC Members Into Compliance
Saudi Arabia has threatened OPEC members Angola, Nigeria and Iraq that it could start a new oil price war if the countries don’t comply with output cuts …
Philippine Economy Must Reopen Soon, Finance Secretary Says
The Philippines will keep the central city of Cebu under strict lockdown as it posts the most coronavirus cases, while restrictions in the capital will be eased further as government seeks to reopen …
Faked Philippine Records Left False Trail for Wirecard Executive
Faked immigration records in the Philippines were used to throw off authorities seeking a former executive at Wirecard AG, who went missing after the German firm was implicated in an accounting …
Bangladesh-based SOLshare closes $1.1m financing round
Bangladesh-based SOLshare has closed a $1.1 million financing round and the off-grid solar energy marketplace firm will use the fund to bring smart solar micro-grids to off-grid, underserved …
America loves India, says US President Donald Trump
US President Donald Trump has said that America loves India as he thanked PM Narendra Modi for greeting him on the occasion of the 244th Independence …
Jordan- ‘More than ever, we need a stable UNRWA’
UNRWA on Thursday held a virtual meeting with its advisory commission to discuss what its commissioner general has called its ‘greatest challenge’ — financial stability. The funding gap in UNRWA’s pro …