remittances

New Delhi, April 2 Senior Congress leader Anand Sharma hailed India's handling of the West Asia crisis as "mature and skillful" on Thursday, saying it has helped the country avoid "potential pitfalls."He also urged India to take the lead in mobilizing countries in the Global South and...

Islamabad, April 2 – As Pakistan claims to be a potential mediator between the United States and Iran during the ongoing conflict in West Asia, a report has highlighted that Islamabad has consistently sought to turn crises into opportunities for relevance, projecting itself as useful to all...

New Delhi, March 28 – Chief Economic Advisor V. Anantha Nageswaran said on Saturday that, given the considerable impact of the West Asia conflict on India’s economy, the country should leverage the fallout to redouble its recent reform efforts to enhance India’s competitiveness and preparedness...

New Delhi, March 28 The near-term outlook remains uncertain, with external shocks, particularly the West Asia crisis, posing downside risks to growth through elevated input costs and potential supply disruptions, the Finance Ministry said in a report on Saturday.However, the report said...

Dhaka, March 27 – Although geographically distant, the ongoing conflict in the Middle East has a direct impact on villages in Bangladesh, where millions of families depend on relatives working in the Gulf region. This has turned regional unrest into a household anxiety, according to a report...

Islamabad, March 24 – If the war in Iran does not end quickly, it could deliver the most devastating shock to Pakistan's economy in living memory, according to a report. Pakistan remains particularly vulnerable to the evolving fallout of the war, and its economy faces several challenges...

New Delhi, March 24 – The decision to enter another IMF funding arrangement has been a subject of ongoing debate in Pakistan, as the country has already turned to the multilateral lending institution as many as 24 times for bailout packages to address its macroeconomic vulnerabilities...

New Delhi, March 24 CPI(M) MP John Brittas on Tuesday cited the 2003 unanimous resolution of Parliament, under then Prime Minister Atal Bihari Vajpayee, condemning the Iraq war, to urge the government to move a similar motion on the Iran conflict.Speaking in the Rajya Sabha during zero hour...

Washington, March 22: India’s economic momentum is facing a fresh challenge as the ongoing US-Israeli conflict with Iran disrupts its deep-rooted ties with the Gulf, a key pillar of trade, energy supplies, and remittances, according to a report in The New York Times.Just weeks ago, India...

New Delhi, March 20 The LDF government in Kerala relies on remittances, lotteries, and liquor, a model that will no longer work, Congress leader Shashi Tharoor has said, asserting that the UDF has plenty of new ideas for Kerala 2.0.In an interview with

New Delhi, March 20 The LDF government in Kerala relies heavily on remittances, lotteries, and liquor, a model that will no longer work, Congress leader Shashi Tharoor has said, as he advocates for the UDF, which has been out of power in the state for a decade.In an interview with

New Delhi: The ongoing conflict in West Asia, particularly the rising escalation involving the US, Israel, and Iran, has drawn in the Gulf states and created one of the most volatile environments in recent decades. For India, whose economic and strategic interests are deeply tied to West Asia...

Chennai, March 12 South Indian Bank, a private sector bank in South India, has launched Employee Provident Fund payment services through its internet banking platform, SIBerNet, in collaboration with the EPFO, a top official said on Thursday.The integration with the Employees' Provident Fund...

Mumbai, March 10 An escalating conflict in West Asia could pose downside risks to India's economic growth outlook if the conflict persists, according to a report by ICRA.The rating agency said it expects India's real GDP growth to be around 7.1 per cent in FY2027, slightly lower than the 7.6...

New Delhi, March 9 Congress president Mallikarjun Kharge wrote to Rajya Sabha Chairman C P Radhakrishnan on Monday, reiterating his request for an immediate short-duration discussion on India's energy security amid the Israel-Iran war.In his letter, Kharge said, "I am grateful to you for...

Islamabad, March 9 According to a report on Monday, Pakistan has approached Saudi Arabia with a series of requests for long-term economic support, including converting existing short-term deposits of USD 5 billion into a 10-year long-term facility, as well as requests to enhance the deferred...

New Delhi, March 9 Fitch Ratings said on Monday that the Iran conflict could pose additional challenges for some emerging market sovereigns in areas such as energy imports, remittances, and exchange rates.On February 28, the US and Israel launched military strikes on Iran, who retaliated with...

Thiruvananthapuram, March 7 – Leader of the Opposition in the Lok Sabha, Rahul Gandhi, accused Prime Minister Narendra Modi on Saturday of "succumbing to pressure" from former US President Donald Trump, alleging that recent commitments made to the United States had compromised India's farmers...

New Delhi, March 5 Swift and global banks are launching a new system to make international payments faster and cheaper for small businesses and consumers, starting with major global markets.The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's leading provider...

Mumbai, March 4 The conflict in the Middle East poses some immediate challenges for the Indian economy, but it is unlikely to significantly impact long-term economic growth, according to an external member of the RBI's rate-setting panel.Moving forward, there is a need for coordinated fiscal...