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    As Afghanistan’s central bank governor flees, currency drops

    Afghanistan’s central bank acting governor departed the country as Taliban fighters took control of the capital, with the rising political turmoil pushing the nation’s currency to a record low.

    Business
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    Afghan Fallout: Is Chabahar Now A Dead Investment For India?

    India has emerged as the sore loser of recent developments in Afghanistan if one considers New Delhi’s foot-dragging on a major port project in southeastern Iran.

    Business
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    PM Modi Unfurls Tricolour At Red Fort As India Celebrates 75th Independence Day

    India is celebrating 'Azadi ka Amrit Mahotsav', marking the 75th year of Independence, amid patriotic fervour. A series of events are being organised across the country to mark the occasion.

    South Asia
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    India Considers Sharp Import Tax Cuts On EVs After Tesla Lobbying: Report

    India is considering slashing import duties on electric cars to as low as 40%, two senior government officials told Reuters, days after Tesla Inc's appeals for a cut polarised the country's auto industry.

    Business
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    Pandemic driving innovative ways to run businesses

    The COVID-19 pandemic has prompted the discovery of new ways to do business to survive, said the President of the Brunei-China Friendship Association (BCFA) Dr Muhammad Firdaus.

    Business
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    Brunei shines in services, environment in travel index

    Brunei scored a perfect 100 in the services category (such as in airport and prayer places) as well as in environment (faith and safety), according to the Mastercard.

    Southeast Asia
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    Coronavirus likely to lock India's women out of job market for years

    Savitri Devi has been searching for work since she lost her job at a garment factory in New Delhi, along with half her co-workers, when sales plummeted at the start of.

    Business
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    New oil terminal gives Iran greater geopolitical power

    The $2 billion Jask terminal officially became operational by loading 300,000 barrels on an oil tanker last Thursday, with President Hassan Rouhani hailing it a "historic day" when Iran.

    Business
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    Wakhan Corridor: A new great game in Central Asia?

    He who controls the heartland controls the world”- Halford Mackinder. The assertion of this concept is portrayed in contemporary dynamics of Central Asia, along with its emerging power struggles.

    Central Asia
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    China mulls turning tutoring companies into non-profits

    China is considering asking companies that offer tutoring on the school curriculum to go non-profit, according to people familiar with the matter, as part of a sweeping set.

    Business
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    Zomato IPO catapults founder towards list of Indian billionaires

    A 66% stock jump on debut turned Zomato Ltd founder Deepinder Goyal into a poster boy for India’s fledgling startup scene, pushing his fortune close to the $1bn mark.

    Business
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    US says India "remains challenging place" to do business

    India "remains a challenging place" to do business, the US has said, urging it to foster an attractive and reliable investment climate by reducing barriers to investment

    Business
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    Global stocks on worst run in 18 months amid Covid-19 surge

    Investors moved away from risky assets on Monday as a rise in worldwide coronavirus cases crushed bond yields and left stocks facing losing streaks, with Wall Street falling more than 1%.

    Business
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    Ben & Jerry’s to stop sales in occupied Palestinian territories

    Ben & Jerry’s ice cream said Monday it was going to stop selling its ice cream in the Israeli-occupied West Bank and East Jerusalem, saying the sales are “inconsistent with our values”.

    Business
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    Iran opens oil terminal to bypass strategic Strait of Hormuz

    Iran has started loading crude from a new oil export terminal built just outside the Strait of Hormuz, a key waterway which accommodates a fifth of the global oil supply.

    Business
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    12 Dead In Pak Bus Blast, China Says 'Bombing', Islamabad Says 'Gas Leak'

    Beijing said nine Chinese workers were among 12 people killed Wednesday by a bomb attack on a bus in northwestern Pakistan and called for severe punishment, but Islamabad blamed the explosion on a "gas leak".

    South Asia
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    China vows retaliation after US blacklists companies

    China on Sunday said it would take “necessary measures” to respond to the US blacklisting of Chinese companies over their alleged role in abuses of Uyghur people.

    World
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    India's Flagship Global Conference Kickstarts in Delhi

    Along with foreign ministers from 12 countries, including Russia, Iran and the European Union, the National Security Adviser of Afghanistan and the Deputy NSA of the United States will also present their ideas.

    South Asia
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    Oman's New Sultan Faces Diplomatic, Economic Challenges

    The new Sultan, Haitham bin Tariq named by Qaboos in a letter opened following his death, will now have to undertake serious economic reforms to safeguard Qaboos's legacy and maintain internal stability, analysts said.

    West Asia
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    Carlos Ghosn, Mum on Tokyo Escape, Unleashes a Rambling Defense

    Nissan's fugitive ex-boss Carlos Ghosn made his first public appearance since being smuggled out of Japan , saying Wednesday he fled a “nightmare” that would not end and vowed to defend his name wherever he can get a fai

    Business
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    Highly gratified by cooperation from ‘great friend’ India on Iran: US

    Washington: The United States is “highly gratified by co-operation from a great friend and partner like India” on the Iranian oil sanctions, the White House said on Wednesday as the Trump administration slapped sanctions

    South Asia
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    The Oil Crisis Saudi Arabia Can’t Solve

    Looking at the current volatility in the Persian/Arabian Gulf and the possibility of a temporary closure of the Strait of Hormuz, the Aramco CEO’s message might be a bit overoptimistic.

    Business
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    Iran starts limited production of its own Peugeot 301

    The Iran Khodro Company (IKCO) has officially inaugurated a production line for Peugeot 301 more than three years after the French owner of the car pulled out of a partnership with the Iranian.

    Business
  • Open Article

    The Oil Crisis Saudi Arabia Can't Solve

    Looking at the current volatility in the Persian/Arabian Gulf and the possibility of a temporary closure of the Strait of Hormuz, the Aramco CEO’s message might be a bit overoptimistic.

    View Point

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