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Economy

July 1, 2024 9:01 PM

Indian Navy Chief held bilateral discussions with his Bangladeshi counterpart in Dhaka

Admiral Dinesh K Tripathi, Chief of the Naval Staff (CNS), Indian Navy on Monday paid tribute to the bravehearts of the Bangladesh Armed Forces who made the supreme sacrifice during the Liberation War of Bangladesh at the Shikha Anirban (eternal flam...

July 1, 2024 6:19 PM

India remains valued ASEAN partner, says Laos Foreign Ministry official

India continues to be a valued partner of the Association of Southeast Asian Nations (ASEAN), according to Chatoulong Bouasisavath, Director General of the ASEAN department in Laos' Ministry of Foreign Affairs. In an exclusive interview in Vientiane...

July 1, 2024 11:05 AM

Indian markets open flat, Nifty and Sensex maintain steady levels

The Indian stock markets started the first week of July on a calm note, with both major indices showing little change as they opened on Monday. The Nifty 50 index stayed above the 24,000 mark, trading at 24,022 after a slight gain of 14 points. Simil...

June 29, 2024 10:09 AM

India and USA extend agreement on equalisation levy until June 30

India and the United States have agreed to extend their transitional agreement on the Equalisation Levy until June 30. This decision comes after both countries initially joined 134 other members of the OECD/G20 Inclusive Framework in October 2021 to ...

June 28, 2024 10:45 PM

India’s coal production surges, import dependency declines

India, home to the world's fifth-largest coal reserves, has seen a significant boost in domestic coal production over the past decade, reducing its reliance on imports despite being the second-largest consumer of coal globally. Recent data reveals a...

June 28, 2024 5:14 PM

Sensex, Nifty end lower as financials weigh

Indian benchmark indices retreated on Friday after reaching historic highs the previous day. The BSE Sensex dropped by 210 points, or 0.27 percent, settling at 79,032.73, while the Nifty 50 ended 35 points, or 0.15 percent, lower at 24,010. The Bank...

June 28, 2024 1:06 PM

Asia shares set for five-month winning streak; yen slides

Asian stocks were on track for a fifth straight month of gains on Friday, bolstered by a growing view that cooling U.S. inflation could prompt the Federal Reserve to ease rates this year, while the yen tumbled to a 38-year low against the dollar. Fr...

June 28, 2024 11:54 AM

Bangladesh receives $1.15bn from IMF as part of $4.7bn loan package

Bangladesh received $1.15 billion from the International Monetary Fund (IMF) on Thursday, marking the third tranche of a $4.7 billion loan package. Besides the IMF funds, Bangladesh also received around $900 million from other sources including the I...

June 26, 2024 9:33 PM

Paraguay becomes 100th member of International Solar Alliance

Paraguay has become the 100th country to join the International Solar Alliance (ISA) as a full member. The South American nation officially handed over its Instrument of Ratification to the ISA in New Delhi on Wednesday. The ceremony took place duri...

June 26, 2024 4:36 PM

Kenyan protesters promise more rallies after deadly parliament violence

Kenyan protesters vowed on Wednesday to keep up their demonstrations against new tax hikes, a day after police opened fire on crowds trying to storm parliament, leaving at least eight people dead and scores wounded. As heavily armed officers patroll...

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