Economy - Asian News from UK

World Bank Projects Global Economic Slowdown for Third Consecutive Year

After 6.2 per cent in 2021 which is attributed to a low base due to the Covid-19 pandemic, the World Bank estimates global growth cooled to 3 per cent in 2022 and

January 10, 2024

-Top News·Economy·World News

Eurozone Inflation Bounces Back

Yearly inflation in the eurozone is still driven by the prices of food, alcohol and tobacco…reports Asian Lite News The eurozone’s yearly inflation rate rebounded in December 2023 after a steady decline

January 6, 2024

-Top News·Economy·Europe

New York Fed Welcomes Indian-American Ex-USAID Head

The Board of Governors of the Federal Reserve System appointed Shah as a Class C director for a three-year term ending December 31, 2026….reports Asian Lite News Dr Rajiv Shah, the Indian-American

January 6, 2024

-Top News·Economy·USA

Debt Crisis Deepens in Pakistan

Pakistan’s overall debt burden surged to PKR 63.390 trillion including PKR 40.956 trillion in domestic loans and PKR 22.434 trillion in international loans…reports Asian Lite News The total debt burden on Pakistan

January 5, 2024

-Top News·Asia News·Economy

New Laws Propel UAE’s 2024 Developmental Agenda

Several new laws and decisions will aim to improve performance efficiency and development across various sectors….reports Asian Lite News The United Arab Emirates is starting 2024 with a focus on enhancing its

January 4, 2024

-Top News·Economy·UAE News

Goldman Sachs Updates India’s Economic Forecas

The Wall Street bank expects oil prices to rule at $81 a barrel in 2024 instead of the above $90 forecast earlier and services exports to remain strong due to US growth

January 3, 2024

Business·Economy·India News

Taking Jharkhand To A New Tomorrow

CM Soren’s welfare schemes are drawing huge response from every quarter in Jharkhand In the last 4 years, the state of Jharkhand has made significant strides in the fields of education, employment,

December 30, 2023

Economy·India News·POLITICS

UAE’s Hub for 2,000+ Food, Beverage Manufacturers

The snacking and bakery categories are leading growth, surpassing overall sector expansion….reports Asian Lite News The UAE hosts over 2,000 food and beverage manufacturing companies, generating US$7.63 billion (AED28 billion) in annual

December 29, 2023

-Top News·Economy·UAE News

Financial Burdens Derail Privatisation Plan for PIA

PIA has borrowed more than Pakistan rupee (PKR) 270 billion from the commercial banks on government guarantee….reports Asian Lite News The privatisation plan of Pakistan International Airlines (PIA) has faced setbacks for

December 29, 2023

-Top News·Asia News·Economy

‘India Will Become $5T Economy in 2 years’

Commerce and Industry Minister Piyush Goyal also said that 13 crore people came out of poverty in the country during a five-year period….reports Asian Lite News Commerce and Industry Minister Piyush Goyal

December 29, 2023

-Top News·Economy·India News

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