Economy - Asian News from UK

RBI bans American Express, Diners Club

American Express Banking Corp and Diners Club International Ltd are payment system operators authorised to operate card networks in the country under the Payment and Settlement Systems Act, 2007…reports Asian Lite News

April 25, 2021

Business·Economy

Gloom for Pakistan’s maritime economy

In 2017 Pakistan Naval Chief announced the approval of a new shipyard at Gwadar, to be completed within three to five years. 12 years since the idea and three years since the

April 23, 2021

Asia News·Economy

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

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 was an

April 13, 2021

-Top News·Business·Economy

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

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 architecture.”..reports Asian

April 10, 2021

-Top News·COVID-19·Economy

G20 Ministers urge continued financial aid

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 from the

April 8, 2021

-Top News·Economy·World News

Indian economy to grow at historic 12.5%, says IMF

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 at the

April 7, 2021

-Top News·Business·Economy

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

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 the Covid-19

April 6, 2021

-Top News·Economy·India News

Massive container ship freed from Suez Canal

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 freed and

March 30, 2021

-Top News·Economy

World GDP to rebound if vax rollout fast

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 Asian Lite

March 10, 2021

Business·Economy·World News

Sunak warns of taxing times ahead

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 billion to

March 4, 2021

Economy·UK News

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