Government Business And Finance

Pakistani businesses on strike over new IMF-backed taxes

Jul 13, 2019

Hundreds of thousands of Pakistani businesses are on strike nationwide to protest a new sales tax, which opposition political parties say is being imposed as part of the International Monetary Fund's recent $6 billion bailout package for Islamabad

Egypt hikes fuel prices by up to 22 %

Jul 5, 2019

Egypt has hiked up fuel and cooking gas prices again as part of austerity measures designed to overhaul the country's ailing economy

India's economy likely to grow at healthy 7%, gov't says

Jul 4, 2019

India's government says the economy is expected to grow at 7% in 2019-20, up from a five-year low of 6.8% in the past year

US says video shows Iran removing mine from stricken tanker

Jun 14, 2019

US military releases video it says shows Iran removing unexploded mine from targeted tanker; Iran denies involvement

Yemeni rebels hit Saudi airport as Japanese PM heads to Iran

Jun 12, 2019

Ahead of Japan prime minister's historic visit to Iran, Yemen's Iran-aligned rebels target Saudi airport

Pakistani PM threatens legal action against tax evaders

Jun 10, 2019

Pakistan's prime minister says tax evaders who fail to declare their wealth and pay taxes will face legal action

Sri Lanka readies laws to curb hate speech, false news

Jun 6, 2019

Sri Lanka's government will introduce laws to curb hate speech and false news that threaten ethnic reconciliation and national security, in the aftermath of Easter bombings that killed more than 250 people

Indian Finance Minister Jaitley opts out of new government

May 29, 2019

India's finance minister, who carried out Prime Minister Narendra Modi's economic initiatives including tax and welfare reforms, has decided not to join Modi's new government to be sworn in Thursday, citing health reasons

Analysis: India's Modi faces foreign pressures in 2nd term

May 28, 2019

Analysis: Indian Prime Minister Narendra Modi faces tough foreign policy choices in dealing with U.S., China

US sanctions to hit Iran's metals industry, a major employer

May 9, 2019

New US sanctions are targeting Iran's vital metals industry, a major employer in the country's troubled economy

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