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According to Prabowo, the D-8 countries are forecast to crack the top 25 of the world’s largest economies by 2050 -- based on PricewaterhouseCoopers estimates.
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The State Tax Committee has released data on the top 20 taxpayers from January to November, highlighting a significant concentration of tax contributions among a few key players, particularly state-affiliated companies.
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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.
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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.
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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.
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During his 20-year tenure, the conglomerate made several high-profile acquisitions, including the takeover of Anglo-Dutch steelmaker Corus, car brands Jaguar and Land Rover, and Tetley, the world's second-largest tea com
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Colourful stock market billionaire Rakesh Jhunjhunwala — dubbed by local media India's Warren Buffet — has died, his office said on Sunday, just a week after he launched the country's newest airline.
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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.
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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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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, 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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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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The general manager of the Trump International Hotel in Manhattan had a rare bit of good news to report to investors this spring: after two years of decline, revenue from room rentals went up 13.
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China has rejected a demand by the United States to cut Iranian oil imports, according to Bloomberg news agency, which cited two officials familiar with the negotiations.
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Iranian President Hassan Rouhani is warning that regional oil supplycould be jeopardised if the US manages to get its allies to stop buying Tehran's oil.
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fter Pakistan’s recent election, Imran Khan and his Pakistan Tehreek-e-Insaf (PTI) party are now forming a new government. As usual, it will be greeted by an economic crisis.
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Saudi Arabia announced last week it was suspending oil shipments through the Red Sea’s Bab-el-Mandeb strait after Yemen's Iran-aligned Houthis attacked two ships in the waterway.
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The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it's fueling a subculture of drug and alcohol abuse among oil field workers.
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Riyadh has temporarily suspended all oil shipments through the Bab el-Mandeb Strait after Yemen’s Houthi Ansarullah movement launched retaliatory attacks on a Saudi warship and a vessel.
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Under pressure from US President Donald Trump, Saudi Arabiahas rushed to boost oil production -- only to discover that global markets might not yet need it.
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US crude oil exports to India hit a record in June and so far this year are almost double last year's total as the country's refiners move to replace supplies from Iran and Venezuela in a win.
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In recent years, Saudi Arabia has taken major steps to make the "Saudization" process a reality, however, it seems as though it hasn't been going as planned.
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When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance.
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China pledges retaliation as US tariffs on $34 billion in Chinese imports take effect, putting the world's two biggest economies on a high-stake road towards all-out trade conflict.
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