Economy - Asian News from UK

Holiday Sales: E-Com Witnesses Steep Growth In the US

Retail sales in the US rose three per cent during this year’s expanded holiday season, running from October 11 through December 24, while online sales in the country grew 49 per cent

December 27, 2020

Economy·USA

As the year ends, Rupee expects A Positive Trend

Consistent foreign fund inflows along with a Brexit trade deal will lead further appreciation in Indian Rupee as the currency ends 2020 on a high note. However, rupee has been a laggard

December 27, 2020

Business·Economy

Investment Into India Touches $22 Billion During Pandemic

The Covid-19 virus not only triggered a worldwide pandemic, but also opened the floodgates for investments in the country’s equity market. All in all, not only did the overall capitalisation of India’s

December 27, 2020

Business·Economy·India News

China To Probe Alibaba On Unfair Practices

“The State Administration of Market Supervision, based on reports, filed investigations into Alibaba Group Holdings Co., Ltd. for suspected monopolistic conduct such as ‘choose one out of two,'” the Chinese market watchdog

December 24, 2020

Business·China·Economy·World News

GOI To Give Extra Push For Divestment In 2021

The very asset monetisation and disinvestment have been in the government’s plans for long but the plans have been severely delayed, and the pandemic has worsened the situation…reports Asian Lite News The

December 24, 2020

Business·Economy·India News

India Govt Set To Challenge Vodafone, Cairn Arb Awards

The Indian government may mount a challenge against the arbitration awards passed against it over retrospective taxation levy on Cairn Energy and Vodafone Group. Sources privy to the development said that as

December 23, 2020

Business·Economy·India News·UK News

India To See Huge Boost In Home Sales In 2021: Report

Around 82 per cent of the people across the major cities plan to buy a residential property in 2021, according to a report by NoBroker.com. The purchase sentiment among the people last

December 23, 2020

Business·Economy·India News

Int’l Tribunal Rejects India’s Rs 10K Cr Claim Against Cairn

British energy major Cairn Energy has won an international arbitration case against the Indian government over a tax dispute. An international arbitration tribunal ruled that India’s tax claim of Rs 10,247 crore

December 23, 2020

Business·Economy·India News·UK News·World News

Maharashtra Becomes The Investment Capital During Pandemic

Amid the Covid-19 pandemic, Maharashtra remains the biggest magnet for investors, attracting a whopping Rs 1.12 lakh crore plus worth of industrial investments in the past six months, Chief Minister Uddhav Thackeray

December 23, 2020

Economy·India News·Maharashtra

World Bank To Lend $500 Mn For Green Highways In India

India and the World Bank has signed a $500 million project to build safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh. The

December 23, 2020

Economy·Finance·India News

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