Economy

Economy News

India’s Remittances From Gulf Region Declined In 2020-21: RBI

The share of remittances from the Gulf Cooperation Council (GCC) region to India has declined in 2021, the Reserve Bank of India said, reflecting a slower pace of migration and.

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Economy News

Israel to boost Asia flights when Saudi Arabia opens airspace

By Steven Scheer JERUSALEM (Reuters) -Israeli airlines plan to expand and open new routes to India and other Asian destinations after Saudi Arabia announced it would allow unfettered access to.

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Economy News

Italians ask Draghi to overcome political crisis, stay in office

By Crispian Balmer ROME (Reuters) – Italy’s mayors, business organisations and union leaders urged Prime Minister Mario Draghi at the weekend to rethink his decision to resign, warning that the.

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Business Economy News

Recession fears loom over U.S. value stocks

By Lewis Krauskopf NEW YORK (Reuters) -Fears of a potential economic slowdown are clouding the outlook for value stocks, which have outperformed broader indexes this year in the face of.

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Economy News

Long-Term Growth Prospects Embedded In Public Capex Programmes: Finance Minister

Finance Minister Nirmala Sitharaman on Friday said India’s long-term growth prospects are embedded in public capital expenditure programmes. New Delhi:  Finance Minister Nirmala Sitharaman on Friday said India’s long-term growth.

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Economy News

G20 finance chiefs resolved on food security; Ukraine war prevents formal communique

By Fransiska Nangoy and Andrea Shalal NUSA DUA, Indonesia (Reuters) – The Group of 20 major economies’ finance chiefs on Saturday pledged to address global food insecurity and rising debt,.

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Economy News

Privately issued digital currencies likely better – Australia central bank chief

(Reuters) – Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, the Australian central bank governor said on.

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Economy News

China’s monetary policy has ample room to meet challenges – state media

BEIJING (Reuters) – China’s monetary policy has ample room and sufficient tools, including further cutting banks’ reserve requirements, to cope with new challenges amid a shaky economic recovery, a commentary.

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Economy News

UK launches aviation charter to address airport disruption

LONDON (Reuters) – The British government launched an “Aviation Passenger Charter” on Sunday to help passengers know their rights if they are faced with problems at airports after the widespread.

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Economy News

India on course to become world’s fastest-growing economy, says RBI

By Swati Bhat MUMBAI (Reuters) – India’s economy has remained resilient in the face of global headwinds and with inflation coming off its recent peak is expected to stay on.

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