Economy - Asian News from UK

India’s Economy Hits Sweet Spot: Moody’s

The global ratings agency has forecast 7.2 per cent growth for calendar year 2024, followed by 6.6 per cent in 2025, and 6.5 per cent in 2026…reports Asian Lite News India’s economy

November 17, 2024

Business·Economy·India News

India Tops Insurance Growth Charts

A growing middle class, greater awareness, rising healthcare costs, and supportive regulations have combined to offer high growth for India’s insurance industry over the last few years…reports Asian Lite News India’s insurance

November 17, 2024

Business·Economy·India News

Bangladesh’s forex reserves slump below $20 billion

The Bangladesh Bank data showed the country’s foreign exchange reserves stood at 19,844 million dollars on October 31…reports Asian Lite News Bangladesh’s foreign exchange reserves fell below 20 billion US dollars by

November 17, 2024

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Navigating Growth

Why Economic Potential is the Key to Our Future? In this speech, Mr Bailey explores the vital importance of economic growth and its far-reaching implications. He emphasizes that understanding and enhancing potential

November 15, 2024

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Uber Eyes Bigger Growth in India

Uber India and South Asia President Prabhjeet Singh stated that India offers an “incredible opportunity to leapfrog private vehicle ownership and embrace shared mobility”….reports Asian Lite News India is the third-largest market

November 15, 2024

Business·Economy·India News

India’s Sports Future Looks Bright

The sports goods and apparel market is leading the way, expected to double in value to $58 billion by 2030, driven by a rising fitness culture and increased discretionary spending…reports Asian Lite

November 15, 2024

Business·Economy·India News

Pakistan turns to Saudi, China to bridge $5b funding gap

The Pakistani government has reassured the IMF that it remains optimistic about receiving support from China’s Exim Bank…reports Asian Lite News Pakistan is relying on assurances from Saudi Arabia and China to

November 15, 2024

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India’s GDP to leapfrog Japan by 2025

The International Monetary Fund sees the switch happening in 2025. S&P Global Ratings is looking at 2030 for the two countries to swap places…reports Asian Lite News India’s gross domestic product could

November 15, 2024

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IMF mulls quarterly check-ins amid Pakistan bailout slips

Under the Extended Funding Facility (EFF) $7 billion bailout programme for Pakistan, it was agreed that a progress review would be done every six months….reports Hamza Ameer The International Monetary Fund (IMF)

November 14, 2024

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Post Office to announce branch closures and job cuts

There are about 11,500 Post Office branches across the UK, of which 115 are wholly centrally owned. ..reports Asian Lite News The Post Office is expected to announce the closure of dozens

November 13, 2024

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