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    Economy

    Export ban shakes world markets, wheat prices up 6%

    May 17, 2022May 17, 2022 0 Shares
    The unexpected ban by India, which accounts for about 5 per cent of world wheat exports, stoked prices further. In Chicago, futures rose 5.9 per cent to $12.47 a bushel...

    India’s retail inflation reaches 7.79% in April

    May 14, 2022May 14, 2022 0 Shares
    Retail inflation tracked by the Consumer Price Index (CPI) measures the changes in prices from a retail market perspective…reports Asian Lite News India’s retail inflation accelerated to 7.79 per cent...

    Inflation hits 8-year high

    May 13, 2022May 13, 2022 0 Shares
    The consumer price-based inflation at 7.79% stayed well above Reserve Bank of India’s (RBI’s) upper tolerance limit for the fourth consecutive month…reports Asian Lite news India’s retail inflation surged to...

    Inflation hits 8-year high

    May 13, 2022May 13, 2022 0 Shares
    The consumer price-based inflation at 7.79% stayed well above Reserve Bank of India’s (RBI’s) upper tolerance limit for the fourth consecutive month…reports Asian Lite news India’s retail inflation surged to...

    Indian Rupee under pressure?

    May 12, 2022May 16, 2022 0 Shares
    Coming to the markets in the week ahead. We are passing through tough times and FII’s seem to sell non-stop irrespective of markets. With key supports broken, one can only...

    Youth unemployment on rise in India

    by NewsdeskBusinessEconomyIndia NewsMay 29, 2023May 29, 2023

    Some analysts have described the situation a “time bomb”, warning of the potential for social unrest unless more employment can be created…reports Asian Lite News Youth unemployment in India is…

    Biden, Republicans reach debt ceiling deal

    by Newsdesk-Top NewsEconomyUSAMay 27, 2023May 28, 2023

    Key negotiators struck an agreement in principle Saturday night to extend the debt ceiling and avert a catastrophic default…reports Asian Lite News US White House and House Republicans have reached…

    Singapore at high risk of technical recession

    by Newsdesk-Top NewsAsia NewsEconomyMay 26, 2023May 26, 2023

    Singapore’s small and open economy relies heavily on trade, but external demand has been weakening amid a slowdown in the global economy…reports Asian Lite News After Germany entered recession, Singapore…

    Biden, McCarthy narrow in on deal to lift debt ceiling

    by Newsdesk-Top NewsEconomyUSAMay 26, 2023May 26, 2023

    The Democratic president and Republican speaker hope to strike a budget compromise this weekend…reports Asian Lite News Days from a deadline, President Joe Biden and House Speaker Kevin McCarthy are…

    Quick-commerce spurs gig jobs in India

    by NewsdeskBusinessEconomyIndia NewsMay 26, 2023May 26, 2023

    Job postings on the portal for delivery executives also shot up by 17 per cent in the same period….reports Asian Lite News With the expansion of quick-commerce services, the delivery…

    Indian e-commerce to grow 1000% by 2030

    by NewsdeskBusinessEconomyIndia NewsMay 26, 2023May 26, 2023

    The domestic e-commerce market is likely to witness a 10-fold hike – from the current levels of 4-billion parcels delivered per annum to 40 billion per year by 2030….reports Asian…

    78 UAE projects supercharge COP28 ambitions

    by Newsdesk-Top NewsEconomyUAE NewsMay 25, 2023May 25, 2023

    The Cabinet approved national strategies to reduce carbon and regulate the use of solar energy products, sustainable tourism and other initiatives….reports Asian Lite News The UAE cabinet, chaired by His…

    Africa Hospitality Investment Forum to address global risks

    by NewsdeskAFRICA NEWSBusinessEconomyMay 24, 2023May 24, 2023

    The AHIF program will cover a wide range of topics, including global risks and their impact on Africa’s hospitality industry…reports Asian Lite News With the agenda of the Africa Hospitality…

    Inaugural West Africa Deal Summit explores investment opportunities

    by NewsdeskAFRICA NEWSBusinessEconomyMay 24, 2023May 24, 2023

    The event which brought together over 200 delegates from across West Africa saw the issuing of a joint statement and the launch of Catalytic Capital Africa (2CAfrica)…reports Asian Lite News…

    Biden rules out constitutional solution to debt crisis

    by Newsdesk-Top NewsEconomyUSAMay 24, 2023May 24, 2023

    Biden previously said he was looking into whether he could invoke the 14th Amendment, but was concerned of the economic damage that could occur while any legal challenges played out…reports…

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