Economy – Page 96 – India Daily Digital

Pak govt succumbs to IMF pressure again

The decision was reportedly taken as the IMF has been urging the government to impose more taxes…reports Asian Lite News The Pakistani government has increased the sales tax to 25 per cent

March 9, 2023

-Top News·Asia News·Economy

Amazon in a cost cutting blitz

Amazon recently laid off 18,000 employees among its corporate workforce, after cutting a number of employees in November last year…reports Asian Lite News As it cuts costs across the verticals amid the

March 6, 2023

Business·Economy·Tech Lite

Uncertainties in post Covid economic recovery

Domestically, consumption momentum is clearly fading, and capex could follow suit amid slowing prices, rising cost of capital and slowing consumption and exports, it added…reports Sanjeev Sharma Overall, post-Covid economic recovery may

March 5, 2023

Business·COVID-19·Economy

Layoffs hit Nike

Reports also surfaced late last month that one of Vietnam’s largest shoe manufacturers for major brands such as Nike and Adidas plans to cut at least 6,000 jobs due to poor orders….reports

March 2, 2023

Business·Economy

Axis Bank completes acquisition of Citibank

The transaction comprises the sale of the consumer businesses of Citibank India…reports Asian Lite News Axis Bank, one of India’s largest private sector banks, has completed the acquisition of Citibank’s consumer business

March 2, 2023

Business·Economy

India’s youngest Akasa Air spreads its wings

Akasa Air has been expanding its network across the country in a phased manner with a commitment towards making travel accessible in India…reports Asian Lite News While Akasa Air has already placed

March 2, 2023

Business·Economy·India News

Pakistan on its knees before IMF

The cash-strapped country is undertaking key measures to secure a $1 billion tranche from the IMF under the ninth review of the EFF….reports Asian Lite News Desperate to revive the loan programme

March 2, 2023

-Top News·Asia News·Economy

McDonald’s India partners with NGOs for hiring

So far, the brand has hired more than 500 young people over the last year, partnering with several reputed not-for-profit organisations…reports Asian Lite News In its endeavour of driving change and making

March 1, 2023

Business·Economy·India News

Pakistan irked as IMF ‘shifts goalposts’

The Authorities are extremely annoyed at the latest situation, describing it as ‘maltreatment’….reports Asian Lite News The Pakistan government has been trying to put on a brave face in its struggle to

March 1, 2023

-Top News·Asia News·Economy

‘India’s growth indicators show signs of re-acceleration’

According to Morgan Stanley, the Indian budget for FY24 was another step in the right direction to crowd in private investment….reports Asian Lite News The Indian economic indicators have started showing re-acceleration

February 28, 2023

Business·Economy·India News

Economy - Page 96