A container is transferred at a port in Qingdao, China. Agence France-Presse
The US-India Business Council (USIBC) has announced its support for the Atlantic Council Global Energy Forum to be held in Abu Dhabi next month. This will bring India into the ambit of the premier international gathering of government,
The government is unlikely to increase the basic customs duty on import of mobile handsets from 20 per cent in the upcoming budget, according to official sources. No proposal was under consideration to increase duty, said the sources.
Governor State Bank of Pakistan (SBP) Reza Baqir said that country’s foreign reserves are increasing and today’s situation is far better as compared to the past.
Japan’s government will issue an extra 2.2 trillion yen ($20.25 billion) of deficit-financing bonds to make up for a tax revenue shortfall, Finance Minister Taro Aso said, after the cabinet approved on Friday a supplementary budget for the fiscal year to March.