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Only 54% of federal development budget spent in first 11 months of FY25

Pakistan, June 17 -- The Ministry of Planning revealed that only 54% of Pakistan's federal development budget was spent in the first 11 months of the current fiscal year 2024-25. This figure raises se... Read More


Nifty around 25,000: Are earnings strong enough to justify valuations?

New Delhi, June 17 -- India's benchmark Nifty 50 index is inching closer to the reclaim psychologically important 25,000 mark, buoyed by strong domestic liquidity, policy optimism, and improving macro... Read More


Indian stock markets end on negative note amid Middle East tensions, Nifty at 24,853

Mumbai, June 17 -- The Indian equity indices ended on a negative note on Tuesday, experiencing moderate losses amid risk of escalation of conflicts in the Middle East ahead of the FOMC meeting. At th... Read More


Google-backed Sharechat's CBO Gaurav Jain resigns

New Delhi, June 17 -- Gaurav Jain, the chief business officer of Google-backed short video platform Sharechat that also owns another reels platform Moj, has resigned from his role. "Today, we shared ... Read More


Infinix Smart 10 and Smart 10 HD: Bringing premium touches to entry-level smartphones

India, June 17 -- Infinix has added to its range of inexpensive smartphone devices with the release of the Infinix Smart 10 and Smart 10 HD. These new models are also targeting price-conscious consume... Read More


Dolly Chaiwala is Starbucks' new brand ambassador? Company denies viral claim

India, June 17 -- Social media has been flooded with posts linking Dolly Chaiwala to Starbucks. Many claimed that the coffee chain giant appointed the internet sensation as their brand ambassador in I... Read More


RBI issues draft norms on rupee interest rate derivatives

Mumbai, June 17 -- The Reserve Bank of India issued draft regulations for Rupee Interest Rate Derivatives to align the extant regulatory framework with the market and other related developments. The e... Read More


Credicorp: Nigerians to access up to N2 million in interest-free consumer credit

Nigeria, June 17 -- The federal government has unveiled plans to offer Nigerians interest-free consumer credit of up to N2 million under a new Credicorp-backed initiative, the Managing Director of the... Read More


Multibagger RHI Magnesita share price rebounds 34% from March lows. Is the rally just beginning?

New Delhi, June 17 -- Multibagger RHI Magnesita India stock in focus: After enduring severe selling pressure for over nine months, shares of RHI Magnesita India-manufacturers of special refractory pro... Read More


Small footwear makers seek reinstatement of VAT exemption on Tk 150 shoes

Dhaka, June 17 -- The Bangladesh Footwear Manufacturers' Association has urged the government to reinstate the 15 per cent value-added tax (VAT) exemption on low-cost rubber and plastic footwear price... Read More