Africa

Shrinking Economy? Japan logs trade deficit for 16th consecutive month

Japan logged a 2.03 trillion yen ($14.95 billion) trade deficit in November, a record for the month and marking the 16th straight month of red ink, amid higher energy prices and a weaker yen, the Finance Ministry said in a report on Thursday.

Dec 15, 2022

First G20 Finance, Central Bank Deputies meeting in B'luru marks a new beginning in Finance Track

The first G20 Finance and Central Bank Deputies (FCBD) meeting held successfully in Karnataka's Bengaluru on December 13-14

Dec 15, 2022

Al Khor : French players celebrate at the end of the World Cup quarter final football match between England and France, at the Al Bayt Stadium in Al Khor, Qatar on Sunday, December 11, 2022.

FIFA world cup 2022: France end fairytale run of Morocco, reach final

Reigning world champions France scored once in each half to overcome a spirited challenge of Morocco on Wednesday night at Al Bayt Stadium to set up a FIFA World Cup final showdown with Argentina on Sunday.

Dec 15, 2022

FIFA World Cup: Messi will continue to appear for Argentina much after Qatar 2022, hopes coach Scaloni

FIFA World Cup 2022: Alvarez's brace, Messi's goal guides Argentina's win; Messi praises Argentina coaching staff for team's victory

Lionel Messi hailed Argentina's coaching staff for masterminding his team's 3-0 victory over Croatia in their FIFA World Cup semifinal here on Wednesday.

Dec 14, 2022

November retail inflation rate may be down; battle continues [details]

With core inflation continuing to be high, credit rating agencies like Acuite Ratings & Research and CARE Ratings do not expect any significant downtrend in the retail inflation for the next few months

Dec 13, 2022

UK economy rebounds in October; lengthy recession still looms [details]

The British economy is estimated to have grown by 0.5 per cent between September and October, statistics showed, but a lengthy recession is still expected in the UK.

Dec 13, 2022

India largest 'connected' nation with over 800 mn internet users: Rajeev Chandrasekhar

India has become the largest 'connected' nation in the world with 800 million users, Union Minister of State for Electronics and IT Rajeev Chandrasekhar has said

Dec 12, 2022

UK trade secretary in Delhi to resume FTA negotiations

After a gap of five months, the India-United Kingdom free trade agreement (FTA) negotiations are set to resume, as UK's Trade Secretary Kemi Badenoch arrives in India on Monday to hold talks with Commerce Minister Piyush Goyal

Dec 12, 2022

FIFA World Cup 2022: WC dream was beautiful while it lasted, says Ronaldo on Portugal's exit

Cristiano Ronaldo has appeared to acknowledge that his dream of winning the World Cup with Portugal is over after the team's elimination from football's showpiece tournament in Qatar.

Dec 12, 2022

Next Fed rate hike will amplify recession: Elon Musk

Twitter CEO Elon Musk on Saturday said that the next US Federal Reserve rate hike will amplify the recession

Dec 10, 2022

India's growth to depend on fiscal management, says Uday Kotak

India's performance in terms of absolute GDP, per capita income and current account as well as fiscal management will accentuate its growth, Uday Kotak, Managing Director of Kotak Mahindra Bank, said on Thursday

Dec 9, 2022

Sitharaman to present statement on demands for grants for current fiscal in LS [details]

Union Finance Minister Nirmala Sitharaman will present a statement in the Lok Sabha on Friday showing first batch of supplementary demands for grants for the current fiscal

Dec 9, 2022

RBI hikes repo rate by 35 basis points to 6.25%, expects inflation to remain high

Reserve Bank of India Governor Shaktikanta Das announced 35 basis points rake hike in its bi-monthly monetary policy meeting today. The rate hike was primarily aligned with market expectations of a 25-35 basis points hike. The repo rate now stands at 6.25% from 5.90%.

Dec 7, 2022

Demonetisation: 'Can't fold hands and sit because it's an economic policy', says Supreme Court

RBI counsel said being an economic policy measure, the Supreme Court will not review the decision.

Dec 7, 2022

India deepens trade ties with Australia; exporters gear up, excited for "dawn of new era" [In-depth]

India and Australia signed Economic Cooperation and Trade Agreement (ECTA) on 2nd April 2022 and committed to producing conducive results by the end of the year. Commerce and industry minister Piyush Goyal described the implementation of the free trade pact as "the dawn of a whole new era."

Dec 5, 2022

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