India PM approves farmer crop insurance after suicides

New Delhi - India's government on Wednesday approved a $1.3 billion insurance scheme for farmers to protect against crop failures, saying it was intended...

India’s TCS profits rise 12 percent despite flood damage

Mumbai - India's biggest IT outsourcing firm Tata Consultancy Services (TCS) on Tuesday reported stronger than expected quarterly earnings despite the impact of deadly...

India hits one billion mobile phone subscribers

New Delhi - India notched up its billionth mobile phone subscriber in October, the country's telecoms regulator said, underscoring the importance of its fast-growing...

Dreaming of energy security, India pumps desert oil

Barmer (India) - The deserts of Rajasthan may be the showcase for India's solar revolution but the oil explorer that struck gold beneath...

China firm wins bid for New Delhi-Mumbai bullet-train study

Beijing - A consortium led by a state-owned Chinese firm has won a bid for a feasibility study into a high-speed rail link between...

Foreign reserves likely to reach at highest level of $20b by Oct

The government expects GDP growth of 5.5 percent in the current fiscal year hoping that it will help further strengthen the economy. Federal Finance...

US and India begin high-level commercial talks

Washington - Senior officials from the world's two biggest democracies, India and the United States, launched a high-level "strategic and commercial dialog" on Monday...

GE chief Jeff Immelt plans India manufacturing drive

New Delhi - GE chief executive Jeffrey Immelt said Monday he sees great opportunities in India as a manufacturing destination, lending high-profile support to...

ADB announces new $1.2 bn annual package for Pakistan

Karachi - The Asian Development Bank said Tuesday it has approved a new assistance programme for Pakistan worth $1.2 billion annually, to improve infrastructure...

India wholesale prices fall for ninth straight month

Mumbai - India's wholesale prices fell for the ninth straight month in July, government data showed Friday, fuelling pressure for a further cut in...

India’s economic reform agenda hits roadblocks

New Delhi - Indian Prime Minister Narendra Modi's ambitious reform agenda has stalled with crucial bills stuck in India's parliament, which ended its latest...

Taiwan’s Foxconn to invest $5 bn in India

Mumbai - Apple iPhone manufacturer Foxconn has agreed to invest $5 billion on a new plant in the western Indian state of Maharashtra, a...

India’s Tata Motors profits slump on weak China sales

Mumbai - India's largest car maker Tata Motors reported a near 50 percent dive in quarterly profits on Friday due to a slump in...

Pakistan, Turkmenistan accelerate gas pipeline preparations

Islamabad - The construction of a $10 billion gas pipeline stretching from Central to South Asia is set to begin in December, Pakistani officials...

Pakistan’s Japanese-dominated car market poised for new entrants

Islamabad - Pakistan's car market has been dominated by Japanese automakers for decades, but a mini-economic revival looks set to attract new players from...

GB budget for FY 2015-16 to be presented today

The second session of Gilgit-Baltistan Legislative Assembly is being held at Assembly Hall in Gilgit today (Sunday). Gilgit-Baltistan budget for the year 2015-16 will...

CPEC project will bring economic revolution: CM GB

Chief Minister Gilgit Baltistan Hafiz Hafeez-ur- Rehman has said that China-Pakistan Economic Corridor (CPEC) project will bring an economic revolution and change the life...

Pak, China agree to expedite work on solar power park: CM

Pakistan and China have agreed to gear up work on generating 900 megawatts of electricity in Bahawalpur Solar Power Park.The understanding came at a...

IMF approves $506 mln loan tranche for Pakistan

IMF Acting Chair Mitsuhiro Furusawa says progress toward macroeconomic stabilization in Pakistan is encouraging.International Monetary Fund (IMF) has approved release of about 506 million...

Maleeha Lodhi terms the post-2015 Agenda as a roadmap for future development

Ambassador Maleeha Lodhi has termed the post-2015 Agenda as a roadmap for future development.Pakistan's Ambassador to the United Nations Dr Maleeha Lodhi has called...