Economy
World / Countries / MNCs
Senior columnist and foreign policy expert John C. Hulsman called India the 'greatest rising power on the planet' despite the current COVID-19 second wave which is ravaging the nation and doubts being raised over current PM Narendra Modi's handling of the situation. more
Internet upgrade breathes new life into rural areas, new UN report finds

New York: Improved Internet access and connectivity can do more than urban migration to provide better jobs and higher standards of living for the roughly 3.4 billion people living in rur ...

China: Govt promoting private retirement savings to shore up strained pension system

Beijing: China is witnessing an economic challenge in the face of COVID-19 pandemic spread and amid such a situation the country will soon launch a new pilot program for private pension f ...

China: Record 9 million fresh graduates to pass out this year, but job prospect looks bleak

Beijing: A record 9 million fresh graduates from Chinese universities this year might face job crunch as the COVID-19 pandemic is still disrupting normal situations in the country.

E-commerce giant Amazon blocks Chinese merchants for alleged suspicious behaviour

Beijing: E-commerce giant Amazon has  apparently blocked several prominent mainland Chinese merchants for alleged “suspicious behaviour”, media reports said.

Islamic social financing initiative aims to help economic recovery, pandemic response

New York: As the world continues to grapple with the health and economic crisis sparked by the COVID-19 pandemic, the UN and Islamic Development Bank teamed up on Tuesday to help the most ...

Pakistan in crisis: Circular debt also hits CPEC projects

The China Pakistan Economic Corridor (CPEC) power projects have been affected by circular debt and the Pakistani government has not been able to clear Rs 188 billion due payments in breac ...

Is Pakistani economy sinking as the trade deficit widens to $23.8b in 10 months?

Islamabad: Pakistan seems to be struggling in the economic front and it is evident from the trade deficit as it widened to $23.8 billion and exceeded the annual target by $4.1 billion in ...

German broadcaster DW says Beijing's Belt and Road Initiative is full of cracks

Deutsche Welle, the leading German public state-owned international broadcaster and news agency, has said cracks are appearing in China's Belt and Road Initiative (BRI).

Global e-commerce jumps to $26.7 trillion, fuelled by COVID-19

Parts of the online economy have boomed since COVID-19 began, while some pre-pandemic big-hitters have seen a reversal of their fortunes in the last year, amid widespread movement restric ...