India announced new measures Thursday to allow farmers and marrying couples to withdraw more money from banks, as frustration mounted over a cash crisis triggered by the withdrawal of all high-value notes.
India is to use indelible ink to prevent people from exchanging old notes more than once, the government said Tuesday, a week after the withdrawal of high-value banknotes from circulation in a crackdown on ‘black money’.
Prime Minister Narendra Modi Sunday made an emotional appeal to people to make India graft-free, as chaotic scenes erupted outside banks nationwide after high denomination notes were pulled from circulation.
Indian Prime Minister Narendra Modi ordered the withdrawal of 500 and 1,000 rupee notes from circulation on Tuesday in a shock announcement designed to tackle widespread corruption and tax evasion.
Sudanese security agents have arrested several opposition politicians over the past two days to prevent any likely protests against Khartoum's decision to hike fuel prices, their parties said on Sunday.
Democrat Hillary Clinton and Republican Donald Trump battled over the strength of the economy in the final stretch of their race for the White House on Friday, with Clinton praising the latest US ...
A seven-fold hike in visa fees to do business in Saudi Arabia risks deterring the foreign investment needed to transform its oil-dependent economy, diplomats and other sources say.
A 174-tonne piece of jade worth millions of dollars that was uncovered in Myanmar will have to stay where it is for now -- because its owners don't have equipment strong enough to move it.
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin are set to sign lucrative energy and defence deals Saturday, aimed at shoring up economic ties between the long-time allies.
They left India for Saudi Arabia with big dreams, but have returned with only harrowing tales after an oil price slump threw the economy into turmoil, leaving thousands of poor migrant labourers stranded.
The prospect of a ‘hard Brexit’, or a total divorce between Britain and the European Union, is on the rise, posing complications for businesses and ordinary citizens alike.
Workers' remittances from Qatar witnessed a marginal increase of more than 1% year-on-year to QR10.98bn during the first quarter of this year, despite slowdown in the economy, according to official figures.
