Economy - Asian News from UK

ECB expects economic activity to slow

The euro area economy grew by 0.8 per cent in the second quarter of 2022, Lagarde explained, mainly owing to strong consumer spending on services as the economy reopened…reports Asian Lite News

September 27, 2022

-Top News·Economy·Europe

Sterling crumbles to record low

Sterling also tumbled 1.3% against the euro, having hit its lowest since September 2020 at 92.60 pence…reports Asian Lite News Sterling crashed to a record low on Monday as traders scampered for

September 26, 2022

-Top News·Economy·UK News

UK inflation rate unexpectedly dips to 9.9% as fuel prices decline

Sterling was roughly flat against the dollar on Wednesday morning, trading at around $1.1490…reports Asian Lite News UK inflation slowed in August on the back of a fall in fuel prices, though

September 14, 2022

-Top News·Economy·UK News

Queen’s funeral set to knock economy after rebound

Britain usually has only one public holiday in early summer but the amount was doubled for the Jubilee…reports Asian Lite News The recession-threatened economy rebounded in July, data showed Monday, but is

September 13, 2022

-Top News·Economy·UK News

India likely to become third largest economy by 2029

India had surpassed UK as the 5th largest economy as early as December 2021 itself and not recently as is being claimed, reports Asian Lite News India is expected to become world’s

September 3, 2022

-Top News·Economy·India News

Banks write off Rs 10L cr in last 5 financial years

Gitanjali Gems topped the list of 25 wilful defaulters followed by Era Infra Engineering, Concast Steel and Power, REI Agro Ltd and ABG Shipyard Ltd…reports Asian Lite News A recent Parliament reply

August 10, 2022

Economy·India News

Bangla Economy On Fast Track

The Sri Lanka crisis won’t replicate in Bangladesh because the country is armed with a forex reserve of over $40 billion. To protect the poor, Prime Minister Sheikh Hasina has promulgated several

August 2, 2022

-Top News·Bangladesh·Economy

Britain will have slowest growth in G-7, says IMF

The IMF has cut its 2022 global growth forecast to just 3.2% and warned the slowdown risks being even more severe…reports Asian Lite News The country is set for the slowest growth

July 27, 2022

-Top News·Economy·UK News

Colombo Supermarkets running out of food

In the crisis-ridden island nation, people have been waiting in line for days for essentials such as cooking gas, kerosene, gasoline, sugar, milk powder, and medicines, reports Asian Lite News With the

July 16, 2022

-Top News·Economy·Sri Lanka

SPECIAL: Farm Sector Get A Fillip in Kashmir

Agriculture reformations have helped J&K UT to score in the top 5 states/UT in terms of monthly farming revenue. Due to market-trends-oriented farming, horticulture is now a sustainable economic activity. A special

July 15, 2022

Asia News·Economy·World News

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