Economy

Indian stock markets end flat; nifty slips for 5th consecutive series

Mumbai: The Indian stock markets closed near the flatline on Thursday, marking the fifth consecutive series of decline—a first in 29 years....

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Gloomy Gulmarg: Snowless winter turns Kashmir’s winter wonderland woeful

“See how deserted Gulmarg looks,” Aahil laments. “This grass is supposed to be like this in summer, not now.” In the backdrop...

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US will enter a recession in 3rd quarter of this year, says Bank of America

The US is facing an economic downturn that could start in the third quarter of 2023 and continue into the first quarter...

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India’s Forex reserves fell by $1.268 billion in first week of Jan

The Reserve Bank reported on Friday that India’s foreign exchange reserves decreased by USD 1.268 billion to USD 561.583 billion for the...

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H&M, Zara among top fashion brands exploiting Bangladeshi workers, study shows

According to a research released this week, major international fashion labels act unfairly toward Bangladeshi clothes suppliers, with some “purportedly paying for...

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Indian Forex reserves at $562.85 billion, fell by $70 billion in 2022

India’s foreign exchange (forex) reserves jumped $44 million to $562.85 billion in the last week ended December 30, according to the latest...

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Remittances from overseas Indians increased to $100 bn in 2022: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman highlighted the contribution of non-resident Indians on Tuesday, stating that remittances given to the nation by overseas...