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    South Korean President apologises for martial law, but doesn't resign

    South Korean President Yoon Suk Yeol on Saturday apologised for his attempt to impose martial law this week but did not resign, defying intense pressure to step down even from some in his ruling party

    Southeast Asia
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    Trump threatens 100% tariff on BRICS members if they dump dollar

    US President-elect Donald Trump warned BRICS — a China- and Russia-backed group of emerging economies — against any move to replace the US dollar threatening 100% tariffs if they fail to give any commitment.

    Business
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    Indian Economy In 'Sweet Spot', Says Moody's, Forecasts 7.2% Growth In 2024

    Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next.

    Business
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    Vistara Bids Goodbye, Ends 9 Year Long Flight

    Vistara — a joint venture between​ Tatas and​ Singapore Airlines— has now merged with​ Air India, creating an enlarged entity that is now the country’s largest international carrier.

    Business
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    Israel, Turkey Restore Full Diplomatic Ties

    Prime Minister Yair Lapid and Turkish President Recep Tayyip Erdogan spoke on Wednesday and agreed on reinstating their respective ambassadors and general consuls, thus restoring full diplomatic ties.

    West Asia
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    Liz Truss Leads Race To Become Britain's Next PM: Poll Of Party Members

    Britain's Foreign Secretary Liz Truss is 22 percentage points ahead of her rival Rishi Sunak in the contest to become the country's next prime minister, a poll of Conservative Party members by Opinium Research showed.

    World
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    Russia Launches Iran Satellite, Stokes Ukraine Surveillance Concerns

    An Iranian satellite launched by Russia blasted off from Kazakhstan Tuesday and reached orbit amid controversy that Moscow might use it to boost its surveillance of military targets in Ukraine.

    Technology
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    Explosive Situation In Gaza Following Friday’s Bloodbath

    Israeli jets have pounded the besieged Gaza Strip for a second day following a wave of air strikes on the coastal enclave that killed at least 15 people, including a five-year-old girl.

    World
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    Kazakhstan Ranks 79 Among 132 Economies Featured In Global Innovation Index 2021

    NUR-SULTAN – Kazakhstan is ranked 79th out of 132 economies for its innovation capabilities, taking third place among the 10 economies in Central and Southern Asia, according to the Global Innovation Index 2021.

    Business
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    Russia To Launch Iran’s Most Advanced Monitoring Satellite

    Russia is set to launch an advanced satellite on behalf of Iran on 9 August, substantially boosting Iran’s current space capabilities, according to a statement by Roscosmos space agency.

    West Asia
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    Israel Pummels Gaza With Airstrikes, Palestinian Resistance Responds

    The Israeli army continued its offensive campaign on the Gaza Strip into the night of 5 August, killing at least 10 people and injuring dozens more. Palestinian resistance groups launched dozens of rockets in retaliation

    World
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    Hezbollah Does Not Rule Out ‘War’ With Israel Over Disputed Gas Field

    The Lebanese resistance movement of Hezbollah does not rule out going to war with Israel over the regime’s attempts at impinging on Lebanon’s natural resources.

    West Asia
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    By granting rare audience, Iraq’s grand ayatollah sends message to Washington and Tehran

    Iranian President Hassan Rouhani capped his state visit to Iraq on Wednesday by meeting the country’s most respected religious authority, Grand Ayatollah Ali Sistani— a sit-down.

    West Asia
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    Rouhani Begins Iraq Visit In Major Blow to Trump

    Iran's President Hassan Rouhani has arrived in Baghdad on his first official visit to the nation that Tehran once fought a bloody war against and later backed in the battle with the Islamic State.

    West Asia
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    Kashmir Conflict Has Riyadh On Edge

    Just days after Saudi Arabia’s Crown Prince Mohammed bin Salman finished his charm-offensive Asian trip to Pakistan, India, and China, the ever-simmering tensions between Pakistan and India.

    Business
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    Iran keeping to nuclear deal, says head of UN nuclear agency

    The head of the United Nations nuclear watchdog says Iran is complying with the 2015 deal with major world powers aimed at preventing the country from building nuclear weapons.

    West Asia
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    Trump moves to end special trade treatment for India

    US President Donald Trump said on Monday he intends to end India's preferential trade treatment under a program that allows USD 5.6 billion worth of Indian exports to enter the United States duty-free.

    Business
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    Pakistan shifts away from Indian goods import

    Recent events relating to trade and investment present numerous opportunities as well as challenges for Pakistan. The opportunities were provided by friendly countries in the form of financial.

    Business
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    Cash-strapped Pakistan Gives Scandal-Hit Saudi Prince Lavish Welcome

    The Saudi crown prince is visiting cash-strapped Pakistan on the first leg of an Asia tour in what analysts view as a charm offensive aimed at seeking allies and repairing his image, which has been badly tarnished

    South Asia
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    US fails to halt Iran bid to free frozen billions

    An international court on Wednesday ruled Iran can proceed with a bid to unfreeze assets in the United States, rejecting Washington’s claims the case must be halted because of Tehran’s alleged support for international.

    West Asia
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    Iran Leader's Representative Meets Bohra Spiritual Head

    In a significant development representative of Iran’s Supreme Leader met spiritual head of Bohra Muslim community here on Sunday and both sides discussed ways to strengthen Muslim unity.

    South Asia
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    Tax on angel investments haunts a majority of India’s startups, finds survey

    A startup becomes liable to pay angel tax when it receives an equity infusion in excess of its “fair valuation.” Tax authorities treat the premium paid by investors as income, taxable at about 31%.

    Business
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    Indian election budget helps farmers, middle class and 'mother cow'

    India's government unveiled on Friday a raft of budget sweeteners for farmers, the middle class and also cows, as Prime Minister Narendra Modi seeks to shore up support with elections looming.

    South Asia
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    India's unemployment rate hit 45-year high in 2017/18: report

    India's unemployment rate hits a 45-year-high of 6.1 per cent in 2017-18, as per the National Sample Survey Office's (NSSO's) periodic labour force survey (PLFS), Business Standard reported.

    Business

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