India's Budget 2025-26 cOVEAGE
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Nirmala Sitharaman announces ban on e-cigarettes

The Union Cabinet has proposed the ordinance for the complete ban on the sales and manufacturing of e-cigarettes inside the country. Speaking to the press,...

Government scraps 5 percent import duty on open cell TV panel

In a bid to boost domestic manufacturing, the government has removed 5 per cent custom duty imposed on import of open cell TV panel,...

Aisa Development Bank’s president Takehiko Nakao to step down

The president of the Asia Development Bank, Takehiko Nakao, plans to step down early next year, the regional lender said on September 17. Japan has...

Ravi Shankar Prasad asks CEO’s of electronics, Mobile corps to step up investment and manufacturing in India

The Government on Monday exhorted captains of electronics and the mobile industry to step up investments as well as manufacturing in India and asserted...

US Govt fines Japan Airlines with $300,000 over five hours flight delays

The US government is fining Japan Airlines USD 300,000 for delays that trapped passengers on two grounded planes for hours. Under an agreement with the...

Ola expands its bike services to 150 Indian cities

Online cab aggregator company and one of Uber’s biggest rival in India, Ola Cabs has announced the expansion of its Ola Bike offering to...

Cash-strapped Pakistan to miss IMF’s Rs 75 billion tax refund condition

Cash-strapped Pakistan is set to miss the International Monetary Fund's condition to refund Rs 75 billion to taxpayers in the first quarter despite an...

Ex-PM Manmohan Singh says, “No, hope of becoming a $5 trillion economy, if the growth keeps going down.”

Former Prime Minister Manmohan Singh on September 12 said there was no hope of Modi government's promise of $5 trillion economy becoming a reality...

IMF: Tariffs imposed by the U.S., China may decrease global GDP by 0.8% for 2020

Tariffs imposed or threatened by the United States, and China could shave 0.8% off global economic output in 2020 and trigger more losses in...

Kerala to set up country’s first global trade centre for Woman in Kozhikode

In a major initiative to accelerate women entrepreneurship and secure gender parity, Kerala will set up the country's first International Women's Trade Centre (iWTC),...

Zomato removes 541 employees from it’s across customer, merchant, and delivery partner support teams.

An India-based online food delivery company, Zomato has laid off more than 541 employees from its workforce. In a statement issued by the company on...

Saudi Arabia’s King Salman appoints his son Prince Abdulaziz bin Salman as energy minister

Saudi Arabia's King Salman has appointed his son, Prince Abdulaziz bin Salman, as energy minister on September 8, replacing Khalid al-Falih and for the...

Pakistan makes imports of Rs2.56 billion from India, for anti-rabies and anti-snake venom vaccines

In the last 16 months, Pakistan has imported an anti-rabies and anti-snake venom vaccines worth of Rs2.65 billion from India. In a report published on...

Australia Govt considers more regulation of Google and Facebook

The Australian government released a report Friday recommending tighter oversight over multinational digital platforms including Google and Facebook, to ensure fairness for other media...

Zydus Cadila launches Insomnia drug for US market

Zydus Cadila, one of the leading pharmaceutical company on Tuesday, announced the launch of its insomnia drug called Ramelteon tablets, in the US market. In...

Nissan Motors to layoff 10,000 employees from its global workforce: Reports

Nissan Motor Co Ltd plans to expand job cuts to over 10,000 to help turn around its business, a person with direct knowledge of...

Sumer Juneja: “The partnership between SoftBank and Ola’s CEO Bhavish Aggarwal is Open and Transparent.”

Japanese internet giant and a major stakeholder in Ola Cabs, ‘Softbank’ has said, “the relationship with Ola’s co-founder and CEO, Bhavish Aggarwal is open...

UK Finance Minister Philip Hammond may resign, over no-deal Brexit

Finance Minister Philip Hammond said on Sunday he would resign if Boris Johnson became Britain’s new prime minister because he could not support a...

Raghuram Rajan says, “Brexit is a reason why he didn’t apply for the job to lead Bank of England.”

RBI's ex-Governor Raghuram Rajan on Friday said that “the political challenge posed by the Brexit were the few reasons why he didn’t apply for...

Haruhiko Kuroda, Governor of Bank of Japan, denounced Morden Economic Philosophy

Bank of Japan Governor Haruhiko Kuroda on July 19 denounced an economic philosophy that encourages the use of government spending as a primary policy...

UK retail sales surge by 1% in June

British retail sales rebounded unexpectedly in June, according to official data that may raise hope the economy will sidestep a downturn in the second...

US House of Representatives present bills, to restrict Trump’s ease on Huawei and other Chinese firms

Members of the US Senate and House of Representatives introduced bills on July 16 to keep tight restrictions on Huawei Technologies Co Ltd, amid...

Accenture names Julie Sweet as company’s new CEO

Accenture on Friday announced the appointment of Julie Sweet, who played an integral role in the company's business and investment strategy, as its new...

To win the 2020 U.S. presidential election, Trump may try to come at an agreement with China: U.S Ex-Ambassador

The former American ambassador to China on Tuesday said that “I believe that that the tariffs imposed by the U.S. on the Chinese goods...

France to introduce eco-tax on outbound flights

France will introduce an eco-tax on airlines flying out of France, which is expected to raise around 180 million euros ($201.67 million) from 2020,...

Zomato acquires Feeding India, aims to serve food to 100 million underprivileged every month

India’s leading online food delivery company, Zomato, on Monday, announced the acquisition of ‘Feeding India’ a not for profit organization which serves meals to...

Pakistan’s Parliament approves Rs 7.022 trillion federal budget

Pakistan's Parliament on June 28 gave its nod to the Rs 7.022 trillion federal budget for fiscal 2019-20, as the ruling party and its...

Cross border payment company InstaReM partners with Joe Root’s R66T cricket coaching academy

InstaReM, a Singapore based leading cross-border digital payment and money transfer company on Tuesday announced it’s a partnership with The Root Academy (R66T Academy)...

Chinese authorities launch an investigation on FedEx’s delivery error

Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China’s official Xinhua news agency reported on Friday. The...

Ivanka Trump and Jared Kushner made as much as $135 million in revenue

Ivanka Trump and Jared Kushner took in as much as USD 135 million in revenue during their second year as aides to President Donald...

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