Pakistan, IMF reach pact to release stalled funds
ISLAMABAD: The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation w ...
Oil prices jump 3% on bigger-than-expected decline in US crude storage
NEW YORK: Oil prices climbed about 3% on Wednesday as the second straight weekly draw from U.S. crude stockpiles was bigger than expected, offsetting worries that further interest rate hikes could slo ...
ED arrests Supertech’s chairman R K Arora in money laundering case
NEW DELHI: The Enforcement Directorate (ED) arrested real estate company Supertech's chairman and owner R K Arora on money-laundering charges on Tuesday, official sources said.Arora was taken into cus ...
‘Google asks Supreme Court to quash Android antitrust directives’
NEW DELHI: Google has urged the Supreme Court to quash antitrust directives against it for abuse of the Android market, two sources said, as its presses its legal battle against the competition watchd ...
India to remove retaliatory customs duties on eight US products
NEW DELHI: India will remove additional duties on eight US products, including chickpeas, lentils and apples, which were imposed in 2019 in response to America's measure to increase tariffs on certain ...
Amazon commits to $15 billion India investment, CEO says
Amazon.com Inc will invest an additional $15 billion in India, the company's Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday.The investment will take the e-commer ...