Washington, April 9 (IANS) Bangladesh’s economy is expected to see a gradual recovery after a period of slowdown, supported by improving domestic demand and stabilising conditions, the World Bank said.Growth is projected at 3.9 per cent in fiscal year 2025-26, reflecting the impact of earlier political unrest and external pressures on economic activity, according to the World Bank’s latest assessment.The report said the economy is recovering from disruptions linked to political instability i…
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Seoul, April 8 (IANS) South Korea recorded its largest-ever monthly current account surplus in February, driven by a semiconductor upcycle and strong exports, central bank data showed on Wednesday.The current account surplus totalled $23.19 billion in February, up sharply from $13.26 billion in January, according to the data from the Bank of Korea (BOK), reports Yonhap news agency.It marked the highest monthly surplus ever, surpassing the previous record of $18.7 billion set in December 2025.Sou…
Seoul, April 7 (IANS) Downside risks to the South Korean economy are increasing amid the prolonged conflict in the Middle East as rising global oil prices and supply chain disruptions could have broader negative impacts on prices, consumption and exports, a state-run think tank said on Tuesday.”The economy, which had shown a gradual recovery, is now facing heightened downside risks due to surging oil prices and growing global supply chain uncertainties stemming from the conflict in the Middle Ea…
Washington, April 3 (IANS) The United States recorded a goods trade deficit of $54.91 billion with India over the past 12 months, placing it among Washington’s top deficit partners even as the overall US trade gap widened in February, according to official data.The monthly figures showed the US trade deficit rose to $57.35 billion in February, up $2.67 billion from January, though still 11 percent below the 12-month average.The increase came as imports grew faster than exports. Total exports s…
New Delhi, April 1 (IANS) Prime Minister Narendra Modi on Wednesday chaired a meeting of the Cabinet Committee on Security (CCS) to review the evolving situation in West Asia and assess its potential impact on India’s national interests.This was the second CCS meeting since tensions escalated on February 28, 2026, following US-Israel airstrikes on Iranian targets and subsequent retaliatory actions, which have led to disruptions in the region, including in the Strait of Hormuz, and volatility in …
New Delhi, April 1 (IANS) Indian prominent automobile manufacturer Mahindra & Mahindra on Wednesday announced that overall auto sales for March 2026 stood at 99,969 vehicles, marking a growth of 21 per cent including exports.Utility Vehicles domestic sales touched 60,272 units in March, up 25 per cent, while overall UV sales including exports reached 62,109 units. Domestic Commercial Vehicles sales for the month were 24,928, marking a growth of 11 per cent.The company reported year‑to‑da…
Bhubaneswar, March 27 (IANS) Odisha Chief Minister Mohan Charan Majhi on Friday thanked Prime Minister Narendra Modi for the reduction of Rs 10 per litre in central excise duty on both petrol and diesel, to ensure adequate availability of fuel and essential commodities.Describing it as a significant move, CM Majhi wrote on his X handle that India always acts with prudence and preparedness under the visionary leadership of Prime Minister Modi amid an evolving global landscape.“I express my sinc…
New Delhi, March 26 (IANS) Strong domestic consumption and rising investments are expected to help India maintain GDP growth above 7 per cent in the next financial year 2026–27, a report said on Thursday.The data compiled by Assocham noted that India’s GDP is expected to grow by 7.6 per cent in the financial year 2025-26, with growth likely to stay above 7 per cent in FY27 as well.This steady performance comes even as global economic conditions remain uncertain due to geopolitical tensions, …
Seoul, March 10 (IANS) The South Korean economy expanded 1 per cent in 2025 amid strong exports but posted negative growth in the fourth quarter, central bank data showed on Tuesday.The country’s real gross domestic product (GDP) — a key measure of economic growth — contracted 0.2 per cent from the previous quarter in the October-December period, compared with its earlier estimate of a 0.3 per cent contraction, according to the preliminary data from the Bank of Korea (BOK).It marked the countr…
Seoul, March 6 (IANS) South Korea recorded its fifth-largest monthly current account surplus in January, driven by a semiconductor upcycle and strong exports, central bank data showed on Friday.The current account surplus totalled US$13.26 billion in January, down from $18.7 billion in December, according to the Bank of Korea (BOK).Compared with the same month a year earlier, however, the figure surged 397.4 percent, marking the fifth-largest monthly surplus on record, reports Yonhap news agency…