Economy - Asian News from UK

Private banks all set to become larger

The consolidation in the banking space is also imminent as many small-sized private banks continue to face chronic asset quality problems which constrain their capital availability…reports Asian Lite News The Indian banking

October 28, 2021

Business·Economy·India News

Pak rupee takes deep dive as IMF talks drag

Traders also held higher imports coupled with rising commodity prices in the international markets responsible for strengthening the dollar against the rupee….reports Asian Lite News The Pakistan rupee touched a new all-time

October 27, 2021

-Top News·Economy·Pakistan

Has FATF failed in its duty to blacklist Pakistan?

FATF too expressed concern about the current evolving money laundering and terrorist financing risk environment in Afghanistan…reports Mrityunjoy Kumar Jha Once again, the Financial Action Task Force (FATF) has failed to blacklist

October 24, 2021

-Top News·Economy·Pakistan

India puts a roof on housing prices amid global rise

The surge in house prices has also had an impact on headline inflation in some countries and could contribute to more persistent inflationary pressures….reports Nikhila Natarajan While most economic indicators deteriorated in

October 20, 2021

-Top News·Economy·India News

China’s economic growth losing steam

The urban unemployment rate in September was 4.9 per cent. However, that for those aged 16 to 24 remained far higher, at 14.6 per cent….reports Asian Lite News China’s third-quarter gross domestic

October 18, 2021

-Top News·China·Economy

Power cuts hamper China’s economic growth

Now global investment banks have also cut their forecasts for China’s economic growth. They estimated the economy to contract from 8.2 per cent to 7.8 per cent….reports Asian Lite News China is

October 17, 2021

-Top News·China·Economy

‘India To Be $4Tn Economy By FY25, Not $5 Tn’

In 2019, India ‘s Prime Minister Narendra Modi had set a $5 trillion target, reports Asian Lite News India is unlikely to become a $5 trillion economy by 2024-25, but will be

October 16, 2021

-Top News·Economy·India News

Dubai launches Circular Economy Committee to boost growth

The Dubai Supreme Council of Energy has launched the Circular Economy Committee to bring public and private entities together to support the circular economy. The Committee will develop actionable initiatives to upscale

October 16, 2021

-Top News·Dubai·Economy

Pakistan stocks end in red amid controversy on ISI

The benchmark KSE-100 index shed 661.3 points, or 1.51 per cent, to close at 43,221.78 points….reports Asian Lite News Shares at the Pakistan Stock Exchange ended the day in the red on

October 14, 2021

-Top News·Economy·Pakistan

‘Pak economy facing impact of two Afghan wars’

Tarin made these remarks while speaking at the annual dinner of Punjab University Institute of Business Administration’s alumni association on Saturday…reports Asian Lite News Pakistan’s participation in the two Afghan wars resulted

October 12, 2021

-Top News·Economy·Pakistan

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