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April 18, 2021
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    Asian News from UK
     
    Leading Newspaper for Politics, Business & Economy
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    Economy

    World GDP to rebound if vax rollout fast

    March 10, 2021March 10, 2021 0 Shares
    Economic recovery dependent on pace of vaccination The OECD projected the US economy to grow at 6.5 per cent in 2021 thanks to “significant fiscal stimulus along with faster vaccination”…reports...

    Sunak warns of taxing times ahead

    March 4, 2021March 4, 2021 0 Shares
    Says he is increasing business tax and freezing income tax thresholds in a bid to repair the UK’s damaged economy, reports Asian Lite News Chancellor Rishi Sunak pledged additional £65...

    Darlington is the new ‘Treasury North’

    March 4, 2021March 4, 2021 0 Shares
    Soon, the new economic campus in Darlington will house 750 officials from ministries including the departments for business, transport and local government, reports Asian Lite News UK chancellor of Exchequer...

    UK economy hits 300 year low

    February 13, 2021February 13, 2021 0 Shares
    The pandemic has effectively wiped out all growth in UK over the last seven years, returning the economy close to the size it was in 2013, reports Asian Lite News...

    Biggest decline: Malaysia’s GDP shrinks by 5.6%

    February 11, 2021February 11, 2021 0 Shares
    Malaysia’s GDP contracted 3.4 per cent year-on-year in the fourth quarter of last year, rendering a 5.6 per cent drop for 2020, the biggest decline since the last 23 years,...

    Historic boom for India tech: 6 new unicorns in 4 days

    by Newsdesk-Top NewsBusinessEconomyApril 13, 2021April 13, 2021

    Investment platform Groww, messaging bots startup Gupshup, digital pharmacy API Holdings Pvt., app developer Mohalla Tech and social commerce startup Meesho Inc are latest entrants, reports Asian Lite News. It…

    UN lauds IMF, World Bank measures to stave off debt crisis

    by Newsdesk-Top NewsCOVID-19EconomyApril 10, 2021April 10, 2021

    The top UN official has proposed a “three-phased approach to address debt burdens: a debt standstill, targeted debt relief for the most vulnerable, and a reform of the international debt…

    G20 Ministers urge continued financial aid

    by Newsdesk-Top NewsEconomyWorld NewsApril 8, 2021April 8, 2021

    Daniele Franco, Italy’s Minister of Economy and Finance, said confronting the economic damage from the pandemic is the G20’s top priority…reports Asian Lite News Finance Ministers and central bank governors…

    Indian economy to grow at historic 12.5%, says IMF

    by Newsdesk-Top NewsBusinessEconomyApril 7, 2021April 7, 2021

    Figures released by IMF Chief Economist Gita Gopinath reveal that India has regained its status as the world’s fastest growing economy, reports Arul Louis. India’s economy is projected to grow…

    ‘India to be world’s fastest-growing economy’

    by Newsdesk-Top NewsEconomyIndia NewsApril 6, 2021April 6, 2021

    India’s gross domestic product (GDP) growth is projected to moderate to 6.9 per cent next fiscal year, while still retaining the top growth rate spot…reports Asian Lite News Emerging from…

    Massive container ship freed from Suez Canal

    by Newsdesk-Top NewsEconomyMarch 30, 2021March 30, 2021

    The high tide on Sunday night helped to free the ship, reports Asian Lite News. A massive container ship which had blocked the Suez Canal since March 23 has been…

    Mexico’s economy rebounds to growth

    by Newsdesk-Top NewsEconomyUSAFebruary 9, 2021February 9, 2021

    Mexico’s economy could grow as much as 5 per cent in 2021 as it recovers from the impact of the coronavirus pandemic, President Andres Manuel Lopez Obrador said. In his…

    Myanmar dismisses rumours about Demonetisation

    by Newsdesk-Top NewsAsia NewsEconomyFebruary 4, 2021February 4, 2021

    Myanmar’s State Administration Council has announced that the citizens can continue the use of 5,000 and 10,000 kyat notes, while denying rumours of demonitisation of banknotes. In a statement on…

    Phones may get expensive as custom duty hikes

    by Newsdesk-Top NewsEconomyIndia NewsFebruary 1, 2021February 1, 2021

    Finance Minister Nirmala Sitharaman, during her Union Budget 2021-22 speech, said that withdrawing exemptions on parts of chargers and mobile phones will boost local manufacturing of smartphones….reports Asian Lite News…

    Bihar CM terms Budget 2021 as ‘balanced’

    by NewsdeskEconomyIndia NewsFebruary 1, 2021February 1, 2021

    Bihar Chief Minister Nitish Kumar has welcomed the Union Budget presented on Monday by Union Finance Minister Nirmala Sitharaman, describing it as a “balanced” Budget. Nitish reacted to the Union…

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