Shrinks

SEOUL : South Korea's factory activity weakened at a faster pace in August, extending its longest-ever slump by another month as export orders fell again, a private business survey showed on Friday.The purchasing managers index (PMI)…

Six leading Indian IT services companies that have announced first-quarter earnings recorded the sharpest contraction in headcount in the last three years in the April-June period. Aggregate staffing at Tata Consultancy Services (TCS),…

NEW DELHI: The love affair with Russian oil appears to be losing its charm for Indian refiners as discounts have shrunk to $4 per barrel from peaks of $25-30, with sellers going dark on shipping rates to cover the gap with benchmark Brent…

The steep discounts on Russia crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continues to remain 'opaque' and higher than normal, sources said. Russia bills…

NEW DELHI: The steep discounts on Russia crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continues to remain 'opaque' and higher than normal, sources said.Russia…

The market share of Binance, the world's largest cryptocurrency exchange, and its US affiliate have shrank this year, as they battle an onslaught of regulatory crackdowns.Last month, Binance was hit by a lawsuit by the US Securities and…

India’s current account deficit (CAD) narrowed to $1.3 billion (0.2% of GDP) in the fourth quarter of fiscal 2022-23, from $16.8 billion (2%of GDP) in the preceding three-month period, and $13.4 billion (1.6% of GDP) a year earlier, data…

NEW DELHI/MUMBAI: The country’s current account deficit(CAD) significantly decreased in the January to March 2023 quarter to 0. 2% of gross domestic product (GDP), much lower than market expectations, due to a smaller trade gap and…

India’s current account deficit (CAD) narrowed to $1.3 billion (0.2% of GDP) in the fourth quarter of fiscal 2022-23, from $16.8 billion (2%of GDP) in the preceding three-month period, and $13.4 billion (1.6% of GDP) a year earlier, data…

NEW DELHI: Wholesale price inflationmaintained its declining trend and dropped to its lowest print since May 2015 on the back of easing food, fuel and commodity prices.Data released by the ministry of commerce and industry on Wednesday…