Nepal to see slower economic growth in FY 2026–27: World Bank

IANS | November 13, 2025 3:07 PM

Kathmandu, Nov 13 (IANS) Nepal's economy is projected to slow substantially in the current fiscal year 2025–26, reflecting the impact of this September's public unrest and ensuing political instability, the World Bank said on Thursday.

Hardeep Puri, HD Hyundai chief discuss partnership in shipbuilding

IANS | November 13, 2025 2:59 PM

Seoul/New Delhi, Nov 13 (IANS) HD Hyundai, South Korea's leading shipbuilding conglomerate, said on Thursday its chairman held talks with Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, to discuss ways to expand cooperation in the shipbuilding and maritime industries.

2 to 3 players to dominate India's quick commerce market in top 40 cities: Report

IANS | November 13, 2025 2:43 PM

New Delhi, Nov 13 (IANS) Like the e-commerce segment, where two or three players typically dominate the market in most countries, this concentration pattern has been extended to food delivery and quick commerce (QC) sector in India as well, where the top two or three firms are likely to control a major share of the market, a report has said.

India imposes anti-dumping duty on Vietnamese steel products

IANS | November 13, 2025 2:27 PM

New Delhi, Nov 13 (IANS) India has imposed an anti-dumping duty on hot-rolled flat products of alloy or non-alloy steel from Vietnam, for a period of five years, to protect domestic producers from the flood of cheap imports that are priced below their normal cost.

ED arrests Jaypee Group chief Manoj Gaur in money laundering case

IANS | November 13, 2025 12:18 PM

New Delhi, Nov 13 (IANS) The Enforcement Directorate (ED) has arrested Manoj Gaur, Managing Director of Jaypee Infratech Limited, in a money laundering case linked to the alleged siphoning of money paid by homebuyers for the construction of flats, according to sources on Thursday.

1 more repo rate cut by RBI likely in MPC review in December: Economists

IANS | November 13, 2025 11:50 AM

New Delhi, Nov 13 (IANS) Economists on Thursday anticipated at least one more repo rate cut by the Reserve Bank of India (RBI) in its upcoming monetary policy committee (MPC) review in December, as inflation based on the Consumer Price Index (CPI) eased to 0.3 per cent on-year in October from 1.4 per cent in September, marking its lowest reading in the 2011-12 base series.