Economy
- World
US inflation jumped 7.5% in the past year, a 40-year high
Washington: Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates…
- World
IMF approves USD 1 billion loan tranche for Pakistan
Islamabad: The International Monetary Fund has approved the completion of the sixth review of its stalled USD 6 billion programme for Pakistan, paving the way for an immediate disbursement of about USD…
- Featured News
A lazy budget – cobbled together with an eye on shifting attention from the future to the past
Amir Ullah Khan The Union Government presented this year’s budget on February 1 where the government will spend 40 lakh crores rupees while it will earn 23 lakh crores, which means that…
- Pakistan
Pak to seek loan from Russia, Kazakhstan, China to stabilise country’s economy
Islamabad: Amid devastating economic condition, Pakistan has decided to seek a loan of around USD 5 billion from China, Russia and Kazakhstan. According to local media, the country plans to borrow 3…
- Automobile
Automakers to suffer from chip, labour shortages amid new Covid surges
New Delhi: With Covid-19 continuing to impact the global economy in its second year, the automotive semiconductor market will experience uneven shortages and tight supply amid labour shortfall, according to a new…
- India
India’s economy has some bright spots, a number of very dark stains: Raghuram Rajan
New Delhi: The Indian economy has “some bright spots and a number of very dark stains” and the government should target its spending “carefully” so that there are no huge deficits, noted…
- Pakistan
Pakistan: Opposition corners Imran Government over claims of improved economy
Islamabad: The opposition leaders in Pakistan challenged in the National Assembly on Friday the government’s claim regarding improvement in economic indicators and achieving a 5.3 per cent growth rate, besides seeking an…
- World
Biden administration unveils changes to attract foreign STEM students
Washington: The Biden administration on Friday announced policy changes to attract international students specialising in science, technology, engineering and math part of the broader effort to make the US economy more competitive.…
- World
Biden pledges to ‘get inflation under control’
Washington: US President Joe Biden has pledged to “get inflation under control” as American voters were increasingly “pessimistic” about the economy and “doubted his ability” to fix supply chain issues and tackle…
- Bangalore
Karnataka to contribute big to nation’s economy: CM Bommai
Bengaluru: Karnataka is set to play a big role in the nation’s economy in the future. Out of the 54,000 startups in the country, 13,000 are in the state. The Karnataka government…
- India
EC issues notice to Samajwadi Party for violating COVID guidelines
Lucknow: The Election Commission on Saturday has issued notice to Samajwadi Party for allegedly violating the COVID-19 protocols in the party office at Lucknow’s Vikramaditya Marg. In the wake of rising COVID…
- Middle East
India starts new policy after tourists visit Pavillion in Dubai
The government of India is coming out with a new tourism policy to strengthen and build capacity of tourism sector in order to provide better services and facilities to the tourists visiting…
- Middle East
Palestine’s economy expected to grow by 4% in 2022
Ramallah: The Palestinian economy is expected to see a 4 per cent increase this year, Prime Minister Mohammed Ishtaye said here. During a weekly meeting of the Palestinian cabinet, Ishtaye said he…
