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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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After long years of punishingly low oil prices, the global oil market is moving closer to reaching a healthy balance between supply and demand, Opec said on Thursday.
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India will borrow an additional 500 billion rupees ($7.79bn) this fiscal year, a higher-than-expected figure that could lead to it breaching its fiscal deficit target for the first time in four years
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Pakistan's minister for planning and development Ahsan Iqbal said that the government was examining a proposal to replace the US dollar with the Chinese yuan for trade between China and Pakistan.
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Iraq has agreed to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil, Iraqi Oil Minister Jabar al-Luaibi has said.
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Iranian President Hassan Rouhani on Sunday inaugurated the first phase of the country's strategic Chahbahar Port, opening up a transit route between Iran, Afghanistan and India that bypasses Pakistan, Tolo News reported.
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The United States has renewed pressure on China to stop crude oil shipments to North Korea to close a crucial economic lifeline to the regime following its latest missile threat.
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Scarcity doesn’t really justify the upward price movement. There isn’t a shortage of oil in the world. But there could be, in the worst case, if missiles start flying between two of the world’s largest.
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Taking the agreement forward is a boost for the principle of multilateral trade pacts after U.S. President Donald Trump ditched the TPP early this year in favour of an “America First” policy he believes would save U.S.
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Iran, Azerbaijan and Russia Wednesday moved ahead on North-South international transport corridor announcing their plan of linking Persian Gulf port of Bandar Abbas to Helsinki in Finland.
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Since the 1970s, the oil trade has almost entirely been conducted in U.S. dollars, even when buyers and producers are not American. The ramifications of the dollar-denominated oil trade are immense:
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An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014.
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Afghan President Ashraf Ghani has issued a decree banning Pakistani trucks from entering the country via the Torkham and Spin Boldak border crossings, Tolo News reported.
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