The government is working on a privatisation plan to help to raise money by selling assets in non-core companies and sectors when the country is strapped for funds due to lack of economic growth caused by the coronavirus pandemic.
Low consumer sentiment continued to subdue sales performance of the Indian automobile sector in September, as major industry players reported significant decline
India’s central bank raised its key policy rate by 35 basis points to 6.25 per cent on Wednesday, the highest in over three years and its fifth straight increase, and vowed there will be no let up in its fight to tame high inflation. While there have been signs recently that price pressures may be moderating, Reserve Bank of India (RBI)
Rising trade deficit along with chances of a populist budget might dampen rupee’s prospects during the coming week. Nevertheless, persistent interest of Foreign institutional investors (FIIs) in India’s equity market will arrest any sharp depreciation moves.
In the Maldivian presidential election, Mohamed Muizzu of the Progressive Party of Maldives has won when he polled 54.06 per cent in the runoff after he won 46 per cent in the first round. Incumbent Ibrahim Mohamed Solih congratulated Muizzu and thanked the people “for the beautiful democratic example”.
Red hot sparks fly through the air as a worker in a heat-resistant suit pokes a long metal rod into a nickel smelter, coaxing the molten metal from a crucible at a processing facility on the Indonesian island of Sulawesi. The smelter run by global mining firm Vale and powered by electricity from three dams churns out
As the Princess of Wales receives praise for her stylish new updo, some people have called attention to claims that Meghan Markle’s messy bun “broke royal protocol” during her time as a senior member of the royal family. On Wednesday, Kate Middleton stepped out in a departure from her usual hairstyle.
This was the week when just about everything that came gushing out of our Great News Funnels seemed to be sounding an all-too-real warning: Our world’s greatest democracy was shaking, shuddering and basically going to hell in a handbasket. (Whatever that means.) But we know the bottom line about what it