Economy

General Motors workers to strike for first time in 12 years

The strike that took effect at midnight may cost GM about $50 million a day in earnings The United Auto Workers union called its...

UAE investors set to inject $10 billion into Bangladesh economy

Bangladesh Economic Forum will kick-off in Dubai on September 15 DUBAI: A number of UAE business groups are set to invest $10 billion (Dh36.7 billion)...

Iran signs $440 million deal to develop gas field in tense Gulf

Oil Minister Bijan Namdar Zanganeh said the deal reached between two government-owned firms, Pars Oil and Gas Company and PetroPars, to develop the Balal...

India’s growth ‘much weaker’ than expected, still much ahead of China: IMF

The International Monetary Fund (IMF) has cut its projection for India’s economic growth by 0.3 percentage points to 7 per cent for the fiscal...

Jammu and Kashmir governor launches scheme for direct apple sale

The move comes two days after the Centre announced a plan to procure apples from the growers in Jammu and Kashmir and make payments...

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