• Tuesday, March 11, 2025

India economy & business news in brief for Aug 2:…

HERE are some news in brief related to Indian economy and business for Tuesday, August 2, 2022: The Indian government is looking into alleged tax evasion by three mobile companies of China and notices have been served to them, the country's finance minister Nirmala Sitharaman informed Rajya Sabha or the…

Indian rupee hasn’t collapsed, finding its natural course: Finance minister…

Amid concerns over the decline in the value of the rupee against the US dollar, Indian finance minister Nirmala Sitharaman on Tuesday (2) asserted there is no collapse of the unit and it is actually finding its natural course. Sitharaman informed the Rajya Sabha or the Upper House of the…

Super rivals India, Pakistan to lock horns in Asia Cup…

The 2022 edition of the Asia Cup is scheduled to kick off in Dubai, the United Arab Emirates (UAE), on August 27 when former champions Sri Lanka will take on Afghanistan. However, the top attraction of the T20 tournament remains the clash between arch-rivals India and Pakistan in a Group…

Modi govt not running away from India’s economic issues, says…

INDIAN finance minister Nirmala Sitharaman on Tuesday (2) said nobody is in denial about the current situation in the Indian economy and added that both the government and the Reserve Bank of India has taken steps to keep inflation under check. The Narendra Modi government is facing strong criticism over…

Cricket-crazy India win gold in less-followed sport at CWG 2022:…

A COUNTRY where cricket is followed as a religion, India on Tuesday (2) created history in the sporting world by clinching its first-ever Commonwealth Games gold by hammering South Africa 17-0 in the final in the ongoing edition of the quadrennial event in Birmingham, the UK. The women's fours team,…

HORROR WATCH: Indian cyclist falls, gets run over at Commonwealth…

IN a horrific accident at the ongoing Commonwealth Games 2022 in Birmingham, UK, Indian cyclist Meenakshi fell from her bike and as she slid down the road, Byrony Both of New Zealand, who was closely trailing her, ran over her and fell too. The incident happened in the women's 10…

Airbus inks contract with GMR Group to train engineers on…

EUROPEAN plane manufacturer Airbus has signed a contract with the GMR Group to provide aircraft maintenance training to young engineers, a statement said on Tuesday (2). The GMR Group will provide the fully integrated aircraft maintenance engineer (AME) licensing programme at the GMR School of Aviation in Hyderabad, said the…

Who is Saif al-Adel, the ‘Black Hawk Down’ man likely…

THE elimination of Ayman al-Zawahiri in a targeted drone strike by the US forces in Kabul, Afghanistan, in late July has left terror group Al Qaeda without a top leader yet again. Al-Zawahiri had succeeded Osama bin Laden as the outfit's chief after the latter was killed in a special…

AAP announces list of 10 candidates for Gujarat elections

WITH the assembly elections in the western Indian state of Gujarat still some months away, the Aam Aadmi Party (AAP) led by Delhi chief minister Arvind Kejriwal on Tuesday (2) released its first list of candidates for the same. Addressing a press conference, the president of Gujarat's AAP unit, Gopal…

Sri Lanka assures India over Chinese ship visit: ‘Only for…

SRI LANKA on Tuesday (2) brushed aside Indian concerns over a scheduled visit by a Chinese ship, saying it was coming only to refuel and replenish supplies. The research and survey ship Yuan Wang 5 is due to dock in the Chinese-run Hambantota Port in southern Sri Lanka on August…