Washington, April 15 (IANS) India’s remittance inflows could come under pressure if economic disruption persists in the Gulf region, with potential losses estimated at up to $10 billion, Chief Economic Advisor V. Anantha Nageswaran said on Wednesday. Addressing the US-India Economic Forum 2026, Nageswaran highlighted the vulnerability of remittance flows to geopolitical tensions and economic slowdowns in key host countries.India received about $124 billion in remittances in 2024–25, ma…
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Seoul, April 15 (IANS) South Korea added 206,000 jobs in March, topping the 200,000 mark for the second straight month, though weakness in youth employment and the manufacturing sector persisted, data showed on Wednesday.The number of employed people rose by 0.7 percent from a year earlier to 28.79 million last month, according to the data from the Ministry of Data and Statistics, reports Yonhap news agency.After slowing for two consecutive months, job growth had rebounded to the 200,000 range i…
New Delhi, March 30 (IANS) India’s construction players are expected to witness a revenue growth of 6-8 per cent in 2026-27 after two bleak years, a report said on Monday.Construction revenue growth is likely to remain muted in 2025-26 at 2 to 4 per cent, with increased pressure on road contractors, the report from ICRA said.The shrinking order books for road contractors amid muted project awarding by the Ministry of Road Transport and Highways led to the muted growth.Further, a slowdown in Ja…
New Delhi, Jan 28 (IANS) India’s industrial production surged by 7.8 per cent in December 2025, reaching its highest level in over 2 years, driven by a robust across-the-board growth in the manufacturing, mining, and electricity sectors, according to figures released by the Ministry of Statistics on Wednesday.This was the second consecutive month of strong year-on-year growth in the country’s index of industrial production (IIP) as it came on the back of a 7.2 per cent acceleration in Novemb…
Seoul, Jan 22 (IANS) The South Korean economy expanded 1 per cent last year, driven by robust exports, but posted negative on-quarter growth in the fourth quarter amid a slump in the construction sector, central bank data showed on Thursday.The country’s real gross domestic product (GDP) — a key measure of economic growth — for 2025 matched the Bank of Korea’s (BOK) earlier forecast, though the growth rate slowed from a 2 per cent expansion in the previous year, according to the preliminary da…
New Delhi, Dec 29 (IANS) The growth rate of India’s industrial production surged to 6.7 per cent in November this year compared to the same month of the previous year after having slowed to 0.4 per cent in October due to the long holiday season in the festive month, according to figures released by the Ministry of Statistics on Monday.The strong industrial growth was driven by an 8 per cent surge in the manufacturing sector, led by a robust performance in basic metals and fabricated metal prod…