Business - Asian News from UK

Time to revisit windfall tax on oil

The decline in global prices may force a rethink of this tax if not now but in the subsequent reviews, said CLSA…reports Asian Lite News The fall in the crude oil prices

July 14, 2022

Business·India News

Global PC shipments fall 12.6%

Supply chain disruptions also continued, but the major cause of PC delivery delays changed from component shortages to logistics disruptions….reports Asian Lite News Global PC shipments faced sharpest decline in nine years

July 13, 2022

Business

Twitter shares slump amid Musk’s walkout

On Saturday, Twitter announced it was going to sue the Tesla CEO….reports Asian Lite News Shares of microblogging site Twitter fell about 6 per cent in premarket trading on Monday, amid the

July 12, 2022

Business

Unacademy tightens its belt

Nearly 150 employees (2.6 per cent) from Unacademy’s PrepLadder team were laid off….reports Asian Lite News As the funding winter hit edtech startups and unicorns in India, Unacademy founders and management are

July 12, 2022

Business

RBI sets up rupee settlement system for int’l trade

The central bank said the measure is taken to promote growth of global trade with emphasis on exports from India…reports Asian Lite News The Reserve Bank of India (RBI) on Monday announced

July 12, 2022

Business·Economy·India News

‘Uber flouted laws, secretly lobbied govts during global expansion’

The leak also contains texts between Kalanick and Emmanuel Macron, who secretly helped the company in France when he was economy minister, allowing Uber frequent and direct access to him and his

July 11, 2022

Business·UK News

‘Inflation may ease in 2nd half of FY23’

Tracing the history of inflation in India, Das said in early 2022 inflation was expected to moderate significantly to the target rate of four per cent by third quarter of FY23…reports Asian

July 11, 2022

Business·India News

Indian EV sector sees 108% job growth

Leading EV players have hired 2,236 employees over the last six months….reports Asian Lite News The Indian electric vehicle (EV) sector is witnessing a 108 per cent employment growth over the last

July 11, 2022

Business·India News

Huge edible oil imports dampen India’s hopes

India is the world’s second-largest consumer and number one importer of vegetable oil, and it meets 55-60 per cent of its need through imports….reports Asian Lite News Huge reliance on edible oil

July 11, 2022

Business·India News

Adani Group to join 5G spectrum bid

“We have received a lot of inquiries about our interest in the 5G space. Our intention is not to be in the consumer mobility space,” the company said in the statement….reports Asian

July 11, 2022

Business

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