International

Bangkok: The International Monetary Fund Tuesday slightly upgraded its outlook for the world economy for this year, but it's still forecasting growth at a sluggish 3.1%. The IMF had forecast global growth at 3.0% in July. The world economy expanded at a 3.5% annual pace...

Washington: Elon Musk has emerged as the largest donor to Republican groups by funnelling a staggering USD 276 million to shore up the party in the November 3 mid-term elections, according to a media report Monday. These donations have been made by Musk since July...

New Delhi: Two merchant vessels with 22 Indian crew members came under attack in Strait of Hormuz, triggering a strong condemnation by India. First ship, MT Petro Dolphin, was reportedly struck by a drone Sunday, according to the Ministry of External Affairs (MEA). "We condemn...

New Delhi: India and UK Monday agreed to exchange data annually on the use of their Comprehensive Economic and Trade Agreement (CETA), including businesses' claims for lower tariffs and feedback on implementation, starting a year after the pact comes into force, to help more firms...

Dubai: The family of an Indian national killed in an attack at Saudi Arabia's international airport decided to hold his funeral in Riyadh, Indian Embassy said Monday. Mohammed Yousuf Ali was killed in an attack on the King Khalid International Airport in Riyadh Saturday, which...

Brussels: The European Union imposed sanctions Monday on almost 1,600 Russian people and companies linked to Russia's arms industry, notably targeting those suspected of involvement in making parts for drones and missiles. In the biggest single listing of sanctions since the Kremlin launched full-scale war...

Dubai: Airstrikes targeted two districts in the Yemeni capital of Sanaa, the Iran-backed Houthi rebels reported Monday, blaming Saudi Arabia for the airstrikes that occurred around midnight. Saudi Arabia did not immediately respond to the claim. Here is the latest news from the Middle East...

Stockholm: American-born economists Robert E. Hall and Michael Woodford won the Nobel Memorial Prize in economics Monday for their work on models that have helped governments and central banks manage economic shocks. The Royal Swedish Academy of Sciences announced the winners in Stockholm, saying the...

Quetta: The Baloch Liberation Army (BLA) has claimed responsibility for killing 13 Pakistani personnel in an attack on two Pakistan Coast Guard boats in Jiwani, a coastal area of Balochistan’s Gwadar district, local media reported. In a statement, BLA spokesperson Jeeyand Baloch said that the...

Dhaka/New Delhi: Home Minister Salahuddin Ahmed will skip the first-ever meeting of home ministers of the BIMSTEC grouping in New Delhi, with a delegation led by a senior bureaucrat set to represent Dhaka amid strained ties between India and Bangladesh. Home Affairs Senior Secretary Manzur...