Economy - Asian News from UK

US records lowest inflation rate since 2021

In February, the annual inflation figures stood at 6 per cent, already a steep decline from its peak of 9.1 per cent in June…reports Asian Lite News US annual inflation reduced to

April 13, 2023

-Top News·Economy·USA

Bank of Canada holds policy rate at 4.5%

According to the bank, Canada’s CPI inflation eased to 5.2 per cent in February and its preferred measures of core inflation were just under 5 per cent….reports Asian Lite News The Bank

April 13, 2023

Canada News·Economy

‘UAE’s March Will Continue’

His Highness Sheikh Mohammed lists key milestones as he completes 17 years as PM and head of the UAE Cabinet….reports Asian Lite News His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice

April 13, 2023

-Top News·Economy·UAE News

‘One of the bright spots’, IMF hails Indian economy

The Indian economy had fared far better in those years than the IMF had estimated and, therefore, had “less room for catching up” than the rest of the world…writes YASHWANT RAJ The

April 13, 2023

Business·Economy·India News

Nirmala calls for supplementing G20 initiatives on debt crisis

On Tuesday, Sitaraman also engaged in a bilateral meeting with her US counterpart. Yellen lauded India’s leadership on the issue of reform of MDBs…reports Asian Lite News Union Finance Minister Nirmala Sitharaman

April 13, 2023

Economy·India News

IMF cuts Pakistan’s growth outlook, flags inflation

As per the forecast, Pakistan’s GDP growth has been revised with a downward trend, while the inflation forecast has been revised with an upward trend….writes Hamza Ameer Pakistan worsening economic crisis, coupled

April 12, 2023

-Top News·Asia News·Economy

Pak economy in tailspin as Saudi cold, IMF paused

There is a very slim chance that Pakistan may be able to win Saudi Arabian support for the resumption of its IMF programme, but if it does, this will be a temporary

April 11, 2023

-Top News·Asia News·Economy

Pakistan: Economic meltdown triggers rise in street crime

The rise in street crime is a symptom of a deeper malaise in Pakistan’s society…reports Asian Lite News Amid the depreciation of the value of Pakistani rupee, street crime increased in Pakistan,

April 9, 2023

-Top News·Asia News·Economy

Practo lays off 41 employees

The company said in a statement that upholding a high bar for performance and productivity is crucial to maintaining this level of growth….reports Asian Lite News Leading digital healthcare platform Practo has

April 9, 2023

Business·Economy

World Bank lowers Pakistan’s growth forecast

World Bank’s Country Director Najy Behhassine said that Pakistan would have no choice but to seek the IMF programme as it would help restore confidence…reports Asian Lite News Projecting a massive decline

April 6, 2023

-Top News·Asia News·Economy

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