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    Fearing West's Wrath, Russia's Rich Look To Stash Wealth In Dubai

    Rich Russians are trying to shift some of their wealth from Europe to Dubai to shield assets from a tightening wave of Western sanctions on Russia over its invasion of Ukraine, financial and legal sources said.

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    Iran uses energy diplomacy to shore up regional alliances

    Energy is the "very significant" focus of the trip by President Ebrahim Raeisi to Qatar to attend a regional gas conference and boost political and trade relations with Persian Gulf countries. 

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    Rahul Bajaj: A look at the timeline of India's top Industrialist

    Rahul Bajaj, the man who made brand Bajaj a household name through scooter models like Chetak and Priya and the ubiquitous Bajaj three-wheeler auto, passed away at 83 on Saturday.

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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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    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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    Iran finds ‘very light and sweet’ oil in Abadan for first time

    Iran has discovered a new oilfield containing unspecified reserves of “very light and sweet” crude in the southwestern Khuzestan province, Minister of Petroleum Bijan Zangeneh said on Wednesday.

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    India begins settling Iran oil debt after US sanctions

    Indian refiners have begun clearing their oil debt to Iran under a new payment mechanism which they put in place after the US reimposed sanctions on the Islamic Republic.

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    Indians are buying gold online, for one rupee

    Indians are buying gold for as little as one rupee (1 cent) as retailers offer online sales in bite-sized portions to prop up shrinking demand in the world's second-biggest consumer.

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    Mukesh Ambani's incredible journey to success

    India’s famed business mogul Mukesh Ambani’s daughter Isha Ambani’s extravagant wedding ceremony with Anand Piramal has conquered much of the internet space and the interest of readers.

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    Entrepreneur Café Holds 4th Annual Global Convention

    Entrepreneur Café, a global movement where entrepreneurs meet to discuss ideas, held its Fourth Annual Global Convention in Chennai this week. The theme of the event was Disruptive.

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    OPEC summit: Saudi Arabia between a rock and a hard place after Qatar’s exit

    Saudi Arabia was already balancing a cluster of economic and diplomatic pressures ahead of Thursday’s meeting of the Organisation of the Petroleum Exporting Countries. Now Qatar’s surprise decision.

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    Qatar to pull out of Saudi-dominated cartel OPEC

    Qatar is to leave OPEC next month in order for the Gulf state to focus on gas production, the country's new Energy Minister Saad al-Kaabiannounced in a surprise move on Monday.

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    As India Becomes Wealthier, More Indians Leave Its Shores

    An estimated 17 million Indians were living abroad in 2017, making India the largest source country for international migrants globally, up from 7 million in 1990 and a 143% increase, according to an IndiaSpend.

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    US exempts Iraq in further retreat on Iran sanctions

    Iraq will continue importing electricity and natural gas from Iran under an exemption from US sanctions, the special representative for Iran at the US State Department Brain Hook has said.

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