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Messaging application WhatsApp has filed a lawsuit in the Delhi High Court against the Modi government's new digital rules effecting from Wednesday
Political stability must for economic recovery, says Pakistan PM; calls for ‘Charter of Economy’
The IMF’s refusal to revive the $6 billion bailout package over the government’s initial refusal to implement austerity measures made things worse for the government. In recent weeks, the Sharif government has reduced fuel subsidies drastically and increased electricity tariffs.
World Bank cuts India’s 2022-23 growth to 7.5%, but will keep top spot; South Asia growth to get affected
In South Asia as a whole, the report said, “The Russian Federation’s invasion of Ukraine has weighed on growth in the South Asia region (SAR) after a solid recovery in the second half of last year and amplified pre-existing vulnerabilities”
Pakistan plans IT park in Karachi to boost exports and create jobs
Significantly, the country’s IT exports are rising and has already crossed over $2 billion in the first eight months of the current financial year. In 2021, the Overseas Investor Chamber of Commerce and Industry (OICCI) said in its report that the country had the potential of $10 billion in annual IT exports.
Power-surplus Nepal hopes to earn $100 million from electricity exports to India
From Thursday this week, Nepal started selling electricity, around 37 MW to Indian buyers, Nepal Electricity Corporation spokesperson Suresh Bhattarai confirmed to The Kathmandu Post. More bids are invited to sell 200 MW in India’s power exchange market on a long-term basis.
More on Economy-Business
Moderna's single-dose Covid19 vaccine may be in India by 2022
Moderna, the American pharma and biotech giant, is planning to launch a single-dose vaccine for the Indian market only in 2022 as it has no surplus vaccines in 2021, media reports said
New IT rules: 'We aim to comply with the provisions of the IT rules', says Facebook hours before deadline
Hours before the expiry of the three-month deadline for compliance with itsIntermediary Guidelines, announced by the Indian government in February, global social media giant Facebook said it will comply with the new rules, media reports said
Regulatory approvals for India's Covaxin in process in more than 60 countries: Bharat Biotech
Amid travel fears that students receiving Covaxin may not be allowed in many countries as the vaccine is not listed, Hyderabad-based pharma major Bharat Biotech on Tuesday said regulatory approvals for its indigenously developed Covid-19 vaccine are in process in more than 60 countries including the US, Brazil and Hungary
Pakistan approves ten products for GI registration
Pakistan has approved ten agro and non-agro products for Geographical Indication (GI) tag in an effort to claim them as its brands in the international market
Cement factories operating at 40 percent capacity in Nepal
Seventy percent of cement factories in Nepal are operating on just 40 percent of its total production capacity, and the rest have closed their operations at all, reported The Kathmandu Post
Europe to get a taste of Bangladeshi mangoes soon
Delectable mangoes from Bangladesh's Satkhira district will soon tickle the taste buds of people in three European countries – Italy, France UK
Indian government, Pfizer deadlock over legal protection issue
US drug major Pfizer's coronavirus vaccine is facing hurdles in entering the Indian market over demand for legal protection from any adverse effects that may follow after the use of its jabs, Indian media reports said
Air India reports massive cyber attack, flyers' personal data including credit card details compromised
In a massive incidence of cyber attack, the data processor of Air India's passenger service system containing personal information of around 4.5 million customers have been leaked
Pakistani 'Chaiwala' all set to open ten cafes in UK
Pakistani internet sensation Arshad Khan alias ‘Chaiwala’ (tea-seller) has announced he would open ten outlets of Café Chaiwala as part of a master franchise agreement with United Kingdom business investors
India’s leading cloud communication company Ozonetel integrates with Google
Ozonetel, a leading provider of on-demand cloud communication/telephony solutions catering to1000 enterprise clients across India, the US, and UAE, has integrated with Google to launch the US technology giant’s business message on its Cloud Agent platform
India asks WhatsApp to withdraw new privacy policy
India's Ministry of Electronics and Information Technology (MeitY), in a fresh notice, has asked WhatsApp to remove its updated privacy policy, asserting that it undermines the values of informational privacy and data security
India, Myanmar situations diverting business to Bangladesh
India's grim coronavirus situation and Myanmar's deepening political crisis following the military takeover have prompted international retailers and brands to divert work orders to Bangladesh, The Daily Star reported
Black goat is black gold: Increasing purchasing power of India's tribals
NGOs also play a crucial role in empowering India's 60 million tribal population and helping them become self-sufficient
'Never exported vaccines at the cost of people of India': Serum Institute CEO
Adar Poonawalla, CEO of Serum Institute of India (SII), the manufacturer of AstraZeneca-Covishield, on Tuesday said that his company has "never exported vaccines at the cost of the people of India"
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