Economy - Asian News from UK

World Bank Warns of Growing Poverty in Pakistan

Instead of concentrating on rural development to reduce poverty, the Pakistan government has been focused more on increasing defence expenditure….reports Asian Lite News The World Bank has voiced deep concern over Pakistan’s

October 8, 2025

-Top News·Asia News·Economy

RBI Policy Spurs Reform Momentum

The Reserve Bank of India’s latest monetary policy statement is being hailed as a landmark move that goes beyond conventional rate decisions to usher in broad market-oriented reforms. C.S. Setty, Chairman of

October 2, 2025

Economy

GST Reforms Bolster Economy

The GST Council’s meeting on September 3, 2025, set in motion a series of major reforms designed to strike a balance between simplifying tax processes and ensuring fair administration The landmark Goods

September 29, 2025

Economy·India News

Nothing’s CMF Goes Indian with $100M JV

Company has announced a $100 million joint venture with Indian electronics manufacturer Optiemus Infracom Limited….reports Asian Lite News Smartphone maker Nothing has spun off its budget sub-brand CMF into an independent subsidiary,

September 25, 2025

Business·Economy·India News

Sharif presses IMF to factor floods into review

PM Shehbaz Sharif urges IMF to factor Pakistan’s flood losses into economic review as agriculture reels, while securing World Bank backing and preparing for talks with Donald Trump….reports Asian Lite News Pakistan

September 25, 2025

-Top News·Asia News·Economy

Islamabad’s Costly CPEC Gamble

Pakistan owes over $7.5B for power plants and nearly $2B in unpaid bills to Chinese energy firms, the article notes. The China-Pakistan Economic Corridor (CPEC), once hailed by Islamabad as a game-changing

September 22, 2025

-Top News·Asia News·Economy

Nvidia to invest $5 billion in Intel

Nvidia CEO Jensen Huang called it “a fusion of two world-class platforms” that combines Intel’s strength in making conventional computer chips…reports Asian Lite News Nvidia, the world’s leading chipmaker, announced on Thursday

September 20, 2025

-Top News·Economy·USA

Trump Slaps $100K Fee on H-1B Visas

Signing the proclamation on Friday, at the White House, Trump said the “incentive is to hire American workers.”…reports Asian Lite News In a major setback for Indian tech professionals working in the

September 20, 2025

-Top News·Economy·USA

Fed Cuts Rates After Trump Clash

The Fed indicated that two more cuts could be on the way this year….reports Asian Lite News After a clash with US President Donald Trump, the Federal Reserve slashed interest rates by

September 18, 2025

-Top News·Economy·USA

Africa’s Disaster Bill Soars

New study warns Africa and Asia face mounting disaster-linked losses without urgent investment in resilient infrastructure…reports Asian Lite News Africa is losing an estimated $12.7 billion every year to floods, earthquakes, and

September 15, 2025

-Top News·AFRICA NEWS·Economy