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Sunday, June 20, 2021
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Business

Pakistan steel industry blames law makers for price distortion

By: Shilpa Sharma PAKISTAN’S iron and steel sector stakeholders said the government’s ill-planning and lack of regulatory oversight distorted the industry. Investment and growth in the...

Reserve Bank of India governor calls for ‘collective policy support for economic recovery’

By: Shilpa Sharma THE RESERVE BANK OF INDIA (RBI) governor Shaktikanta Das called for a collective policy support to enable recovery of the economy hit...

Indian deposits in Swiss banks ‘hit 13-years high in 2020’

By: Shilpa Sharma FUNDS deposited by Indian nationals and firms in Swiss banks hit a 13-year-high of about 2.6 billion Swiss francs (£2.04bn) in 2020,...

Indian economy seen ‘shrinking 12 per cent in April-June’

By: Shilpa Sharma THE INDIAN economy is likely to register a 12 per cent contraction in the June quarter of fiscal year 2021-22, against a...

Fitch Ratings affirms Sri Lanka at ‘CCC’

By: Shilpa Sharma FITCH RATINGS has affirmed Sri Lanka's long-term foreign-currency issuer default rating (IDR) at 'CCC', indicating sustainability risks. The country’s ‘CCC’ rating reflects low...

IKEA launches e-Commerce services in Bengaluru, India.

By: Shilpa Sharma HOME furnishing retailer IKEA on Thursday (17) announced launch of its e-Commerce services and mobile shopping app in Bengaluru, India. The Swedish brand...

Google announces £11.1 million grant for India to support health sector

By: Shilpa Sharma TECH giant Google on Thursday (17) announced a grant of $15.5 million (£11.1m) to support procurement and installation of about 80 oxygen...

South Korea to provide £496 million loan to Bangladesh for 2021-25

By: Shilpa Sharma SOUTH KOREA will provide $700 million (£496m) in concessional loans to Bangladesh under the Economic Development Cooperation Fund. The money will be provided...

Twitter loses legal shield in India over non-compliance with IT rules

By: Shilpa Sharma TWITTER lost its legal shield in India over non-compliance with IT rules and failure to appoint key personnel mandated under the new...

US interested in strong energy partnership with India

By: Shilpa Sharma THE US administration is "very interested" in continuing a strong partnership with India in the energy sector, energy secretary Jennifer M Granholm...