Economy

Brussels: The acronym began as a somewhat optimistic term to describe what were the world's fastest-growing economies at the time. But now the BRICS nations...

Colombo: After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7 bn to Sri Lanka, the...

Washington: The World Bank has approved $120 million loan to support the implementation of the Nepal government's school education sector programme, a...

New Delhi: India's foreign exchange reserves rose sharply by USD 12.798 billion to USD 572.801 billion in the week ending March 17, according to the Reserve...

New York: Hindenburg Research has put out a report against Jack Dorsey-backed payments firm Block Inc., formerly known as Square Inc, saying a two-year...

Dubai: Advancing the prospect of sustainable marine transportation in the region, a pioneering electric marine vessel maker, Crown Electric Ships and Boats...

Brussels: Firms that boast about their environmental credentials will soon need to have their claims independently verified, the European Commission...

New Delhi: The risk of weakness in currencies in the emerging economies in Asia is worrisome, and more so the risk is greater in India with a new bout of...

New Delhi: Infosys on Thursday announced the retirement of Kiran Mazumdar-Shaw as Independent Director from its Board, effective March 22, 2023, upon...

Washington: The US monetary policy committee, seeking to achieve maximum employment and inflation at the rate of 2 per cent over the longer run, hiked the...