Breaking South Asia Business News

With the economy back on a roll and disposable incomes rising, car sales are soaring. The positive environment saw car sales register their highest growth rate in nearly six years in November as sales were up a massive 61%, though...

Crying foul play ahead of an important international home textile fair, Karur textile exporters are apprehensive of bagging fruitful orders following the recent hike in yarn prices that they see as “unwarranted” and one that could jeopardise the industry in...

The proposal has been referred to the ministry of law as well for vetting the legal implications. Faced with a steep fiscal deficit, the Centre is keen on holding the auction process this financial year. The government is targeting Rs30,000-35,000...

He asked the government to urge banks to set lending quota for the housing and construction sector similar to those available to the agriculture and textile sectors. In an interview to The News, he said that the private sector in...

Impact Retail, a franchisee of the Al Ghanim group from Kuwait, ran its business under the brand X-Cite. The MobileStore will take over all the seven stores of X-Cite in cities such as Delhi [ Images ], Gurgaon, Bangalore and...

Chinese companies have proposed investing $50 billion to buy 6 billion barrels of oil reserves in Nigeria, the African nation's presidential adviser on energy said Tuesday. "Chinese companies have made proposals to buy reserves in Nigeria. Specifically, their application is...

Most lenders are now offering a combination of fixed and floating rates. This definitely comes as a relief at a time when most bankers are speculating an interest rate hike early next year. With a plethora of offers on cards,...