economy

Sri Lanka closes schools, asks officials not to report to work amid fuel shortage

State- and government-approved private schools also closed Friday amid the worsening fuel shortage, with thousands of people waiting in queues at fuel stations across the country for days at a time.

published on : 20th May 2022

Japan's economy contracts as energy prices soar 

Japan's real gross domestic product, or GDP, the sum of the value of a nation's products and services, contracted 0.2 per cent in January-March compared to the previous quarter.

published on : 18th May 2022

Six out of 10 job aspirants in Kerala are women

At 5.67 lakh, most number of enrolments from Malappuram district, followed by Kollam

published on : 18th May 2022

Economy likely to grow 12-13 per cent in Q1: Icra

Biggest upside risks to inflation and growth come from the runaway fuel prices and impact of the war. If the war does not de-escalate in the near term, the impact will be much farther than anticipated

published on : 17th May 2022

Wall Street points lower after sixth straight weekly decline 

Last week, US benchmarks logged their sixth straight weekly drop, the longest such streak since 2011.

published on : 16th May 2022

Cryptocurrencies can lead to dollarisation of economy: RBI officials to parliamentary panel

There are an estimated 15 million to 20 million crypto investors in India, with total crypto holdings of around USD 5.34 billion.

published on : 15th May 2022

India-UAE trade pact to create huge job opportunities, boost economy: Goyal

The ministers launched 'India-UAE Start-up Bridge' at the India-UAE Partnership Summit, organised by industry body CII.

published on : 13th May 2022

Startups shape future of industries: NITI Aayog VC 

Speaking at the launch of 'AIM-PRIME Playbook', Bery further said science-based startups are particularly exciting due to their potential for delivering large-scale social impact.

published on : 10th May 2022

Retail sector sees uptick in hiring demand, shows significant recovery: Report

The Top contributing job roles in retail include sales & business development, customer service and data analyst/research analyst, says Monster India data.

published on : 10th May 2022

Cash-strapped Pakistan gets USD 8 billion in financial support from Saudi Arabia

Pakistan has faced growing economic challenges, with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency.

published on : 1st May 2022

Indian economy may take 12 years to recoup pandemic losses: RBI report 

Similarly, the impact of the third wave, concentrated in the month of January 2022, partially dented the recovery process.

published on : 30th April 2022

Wait till FY35 for full economic recovery: RBI report

The deep economic injuries inflicted by the pandemic will take 13 more years to heal, according to a new RBI report.

published on : 30th April 2022

World shares jump as Chinese leaders pledge help for economy

Chinese state media reported that the ruling Communist Party’s powerful Politburo agreed at a meeting Friday to step up efforts to boost growth while also curbing coronavirus outbreaks.

published on : 29th April 2022

Ukraine crisis, inflation, higher rates to increase 'risky debt' by Rs 60,000 cr in FY23: Report 

Continued rupee depreciation is likely to exacerbate the challenges for both Indian importers and foreign currency borrowers in FY23.

published on : 25th April 2022

India's GDP likely to grow 7.5-8 per cent in FY23: CII President 

He said in the past the strategy of micro-containment has worked well for India, adding that the industry body does not anticipate a scenario of re-imposition of major lockdowns. 

published on : 25th April 2022
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