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    Iranian engineering firm wins major contract in India

    An Iranian engineering consultancy firm has been awarded a contract in India to carry out a major water management project east of the country near the Bay of Bengal.

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    Toyota To Domino's: Kashmir Controversy Entangles More Companies

    Global automaker Toyota Motor and fast food chain Domino's Pizza are among half a dozen companies that have apologized to India for social media posts from their Pakistani partners expressing support for Kashmir.

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    Iran’s economy reveals power and limits of US sanctions

    Today, no sector of Iran’s economy has been spared by Washington’s punitive measures, which helped propel the country into a two-year recession and continue to impact every aspect of day-to-day life.

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    India unveils higher spending for infrastructure in growth budget

    India's government will step up spending to 39.45 trillion rupees ($529.7 billion) in the coming fiscal year to build public infrastructure and drive economic growth, it said on Tuesday.

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    In a first, UAE to lift tax-free status, brings new rules on corporate earning

    The United Arab Emirates plans to introduce a federal tax on corporate earnings for the first time next year, in its latest step toward dismantling a levy-free regime.

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    Indian economy contracts by 6.6 per cent in 2020-21

    Indian economy contracted by 6.6 per cent in 2020-21 on account of outbreak of Covid-19 and subsequent nationwide lockdown to contain the coronavirus pandemic.

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    Iran offers rare glimmer of hope as $100 oil looms

    Oil prices are on track for their biggest monthly gain in almost a year following a series of retaliatory attacks by Yemeni forces in the UAE and Saudi Arabia.  

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    Lankan dash brand enters international markets

    Multichemi International Ltd, which manufactures and distributes a wide range of products under dash, one of Sri Lanka’s leading detergent and household care brands, has begun exporting its products.

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    ComBank named ‘Most Sustainable Bank in Bangladesh’

    Commercial Bank Bangladesh, Commercial Bank of Ceylon’s largest overseas operation, has been adjudged the ‘Most Sustainable Bank in Bangladesh’ at the close of 2021.

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    Iran, Russia to ditch dollar in bilateral trade

    Chairman of the Iran-Russia parliamentary friendship group says that Tehran and Moscow have reached good agreements in various fields. Ebrahim Rezaei told local media on Sunday.

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    'Unprofessional Move':Iran After Adani Ports Ban Container Trade

    Iran has criticised the decision to ban the import and export of containerised cargo from Iranian ports to all terminals by India’s private largest port operator, Adani Ports.

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    India sells struggling Air India back to Tata group in $2.4bn deal

    MUMBAI: Tea-to-software Indian giant Tata is buying back Air India, 89 years after founding it as Tata Air and half a century following its nationalisation, the government said on Friday.

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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.

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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

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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.

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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.

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    IndiGo faces server issues; 63 flights delayed

    IndiGo passengers had a difficult time on Monday after a server glitch delayed 63 flights at the Bengaluru airport for more than half-an-hour.The reservation system, which conked out at 4.29 am, could be restored only.

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    US-Iran Standoff- Oil Prices Jump After 2 Tankers Attacked in Gulf

    Two oil tankers near the strategic Strait of Hormuz were reportedly attacked on Thursday, an assault that left one ablaze and adrift sending world oil prices soaring.

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    Iran May Shut Strait of Hormuz

    The US will end all waivers from Iran oil sanctions when they expire May 2, the White House announced Monday, a decision that drew an immediate threat from Iran to close the world's busiest oil transit choke point.

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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.

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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.

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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.

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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%.

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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.

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