New Delhi, May 12 (IANS) The global fuel price shock has shattered Pakistan because of the country’s heavy reliance on imported energy and its weak balance-of-payments position, taking its monthly trade deficit ballooned to $4.07 billion in April, according to a new report.
New Delhi, May 12 (IANS) The government on Tuesday said it has revised the release date of the provisional estimates (PE) of annual gross domestic product (GDP) and quarterly estimates of GDP for fourth quarter (Q4), from last working day of May to June 7 (or the previous working day if June 7 is a holiday) of every year.
New Delhi, May 12 (IANS) The moderate jump in inflation in April reflects relatively stable price conditions across several core consumption categories, particularly transport, industry leaders said on Tuesday.
New Delhi, May 12 (IANS) India’s economy continues to show resilience despite rising global uncertainty and the impact of the ongoing West Asia conflict, remaining the fastest-growing major economy in the world, an Assocham ‘Global Economic Outlook’ said on Tuesday.
New Delhi, May 12 (IANS) Although foreign banks have been in China for decades, they have failed to grow and currently account for a mere 5 per cent of the country’s total banking assets, according to a media article.
New Delhi, May 12 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said its maritime subsidiary Astro Offshore has partnered with US-based engineering and applied technology company Oceaneering International Inc. to expand into ultra-deepwater and subsea operations, a major step in its global offshore growth strategy.
New Delhi, May 12 (IANS) China should stop hoarding food and fertiliser to ease the global supply crisis caused by the US-Iran war, former World Bank president David Malpass said, according to a report on Tuesday.
Mumbai, May 12 (IANS) Indian equity benchmarks extended their losses for a second straight session on Tuesday as escalating tensions in West Asia, surging crude oil prices and concerns over the broader economic fallout triggered a sharp selloff across sectors.
New Delhi, May 12 (IANS) Leading automobile firm Maruti Suzuki India Limited on Tuesday said that it selected six startups under the 10th cohort of its flagship accelerator programme to develop AI-based and technology-driven solutions aimed at improving automation and enhancing customer experience.
New Delhi, May 12 (IANS) As enterprises across the Asia Pacific (APAC) region rapidly adopt artificial intelligence (AI) technologies, API security incidents are imposing steep financial costs, with the average estimated loss per incident now exceeding $1 million, a report showed on Tuesday.
