Browsing: Business

MENA Newswire, SEOUL: South Korea’s consumer inflation eased to 2.0% in January from 2.3% in December, as measured by the consumer price index, government data released Tuesday showed. The CPI, with 2020 set to 100, rose to 118.03 in January.

MENA Newswire, OTTAWA: Canada and India are close to concluding a long term uranium supply agreement valued at about C$2.8 billion, according to public statements by Indian and Canadian officials. The proposed arrangement has been described as a 10 year

MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers worldwide while running those workloads using data centre services based in India, a long-horizon incentive unveiled in the

MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a record-setting rally gave way to forced liquidations, margin pressures, and a stronger

MENA Newswire, NEW DELHI: The World Bank Group has committed to provide India with USD 8 billion to USD 10 billion in financing each year over the next five years under a new Country Partnership Framework, expanding support for economic

MENA Newswire, NEW YORK: Gold and silver prices suffered historic one day losses on Friday after U.S. President Donald Trump said he would nominate Kevin Warsh to lead the Federal Reserve. The most active silver futures sank 31.4% to settle

MENA Newswire, HYDERABAD: Prime Minister Narendra Modi invited global investors to partner with India’s fast growing aviation sector, highlighting a decade of airport expansion, rising passenger traffic and new opportunities spanning aircraft manufacturing, pilot training, leasing and maintenance. Modi delivered

MENA Newswire, NEW YORK: United Nations Secretary-General António Guterres cited the newly concluded European Union trade agreement with India as he underscored the need to support a multipolar global order grounded in multilateral cooperation, according to remarks delivered at his

MENA Newswire, OTTAWA: Canada and South Korea signed a new memorandum of understanding on industrial collaboration that places the automotive sector, electric vehicles and batteries at the center of a broadened bilateral agenda, with both governments saying the deal is

MENA Newswire, NEW DELHI: European companies in India are accelerating expansion plans following the conclusion of the India European Union Free Trade Agreement, with a new business survey showing broad expectations of higher investment, larger local footprints and increased hiring