Economy

Economy News

Crypto crash threatens North Korea’s stolen funds as it ramps up weapons tests

By Josh Smith SEOUL (Reuters) – The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a.

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Economy News

Informal Economy May Employ More Than 2 Crore People By 2029-30: Report

Normally gig jobs are temporary and part-time and activities like food delivery and driving cabs owned by hailing companies fall under them Country’s gig economy has the potential to employ.

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Economy News

India’s Policy Rate Hike Cycle To Be Shallower Than US: Ratings Body

Aiming to view to addressing high inflation in the US, America’s central bank has recently hiked policy rates by a steep 75 basis points New Delhi:  Given the uneven domestic.

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Economy News

Economy Gathers Momentum In May On Pent-Up Demand, Indicators Show

India’s economy gathered momentum in May driven by pent up demand for services and higher output from industries as reopening continued from pandemic restrictions. India’s economy gathered momentum in May.

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Economy News

India Inflation May Cool Down Over Recession In Advanced Economies

Recessions in advanced economies may benefit India in a “perverse way” as a moderation in global commodities prices will help cool domestic inflation Recessions in advanced economies may benefit India.

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Economy News

Coal India Braced To Meet Power Sector’s Demand, Says Chairman

Coal India Chairman Pramod Agarwal on Monday said that the company is ready to meet its part of committed dry fuel supplies to the power sector Coal India Limited (CIL).

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Business Economy News

Malaysia plans record $18 billion subsidy spend in inflation fight

KUALA LUMPUR (Reuters) – Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help temper the.

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Economy News

Ukraine and Russia: What you need to know right now

(Reuters) – Russian missiles hit an apartment block and kindergarten in the Ukrainian capital Kyiv on Sunday, in strikes U.S. President Joe Biden condemned as “barbarism” as world leaders gathered.

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Economy News

India Aims To Dominate Global Market In All Industries, Says Piyush Goyal

Union Minister Piyush Goyal said India would “very soon” become a $30 trillion economy from the current $3 trillion level. New Delhi:  India is one of the fastest-growing economies in.

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Economy News

Cannot Have ‘Intolerable Growth Sacrifice’ To Tame Inflation: RBI Member

RBI Monetary Policy Committee (MPC) member Jayanth Varma said there should not be ‘intolerable growth sacrifice’ to tame inflation abruptly. Reserve Bank of India Monetary Policy Committee (MPC) member Jayanth.

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