Business Recorder

PM Shehbaz vows more measures for industrial growth in upcoming budget

Prime Minister Shehbaz Sharif on Monday said additional measures would be introduced in the upcoming budget to promote industrial development and increase production, the PM Office stated. PM Shehbaz said this in a meeting with a delegation of sen…

#ShehbazSharif

Business Recorder

Sri Lankan shares slide on broad-based sectoral losses

Sri Lankan shares closed lower on Monday, weighed down by losses in health care, industrials, energy sectors. The CSE All Share index settled down 0.21% at 22,265.04. Renuka Agri Foods PLC and Renuka Foods PLC were the top percentage losers on the…

Business Recorder

India’s 2025/26 fiscal deficit at 4.4%, in line with government estimates

India’s fiscal deficit stood at 4.4% of the gross domestic product for the year ended March 31, 2026, data showed on Monday, in line with government’s revised estimates. The deficit was at 15.19 trillion rupees ($159.91 billion), or 97.5% of the g…

#India #FiscalDeficit

Business Recorder

AirTrunk to invest $21 billion in India data centre

Australia’s AirTrunk has signed a letter of intent for land allotment in India’s western state of Maharashtra for a data centre where it will invest $21.05 billion, the state’s chief minister said in a post on X. The data center will be located in…

#India #Investment #DataCentre

Business Recorder

Imran Ghaznavi joins Privatisation Commission as chief media officer

The Privatisation Commission on Monday announced the appointment of Imran Ghaznavi as its Chief Media Officer and Principal Spokesperson, tasking him with leading strategic communications and external relations as the government advances its priva…

#ImranGhaznavi #PrivatisationCommission

Business Recorder

India, U.S. near trade pact; tariff terms hinge on Section 301 relief, source says

NEW DELHI: India is likely to discuss Washington’s Section 301 investigation and potential tariff measures with U.S. trade officials, as the two nations seek to finalise a deal, an Indian government source said on Monday. A US delegation led by ch…

#IndiaUS #TradePact

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Neymar aims for final World Cup bow as Brazil put faith in stricken talisman

For Neymar, the World Cup would be less like a new beginning and more of a curtain call – one last spin on soccer’s grandest stage after a career of soaring brilliance and stubborn setbacks. Now 34, Brazil’s all-time top scorer has been recalled b…

#Neymar #WorldCup2026

Business Recorder

Broadcaster Zee secures rights for World Cup in India

NEW DELHI: Zee Entertainment Enterprises has secured the Indian broadcast and streaming rights for the 2026 and 2030 football World Cup, the company said Monday, ending weeks of uncertainty for hundreds of millions of fans. The deal comes after pr…

#Cricket2026 #India

Business Recorder

India manufacturing activity rose in May despite cost pressures, PMI shows

BENGALURU: India’s manufacturing sector expanded at its fastest pace in three months in May on sustained demand even as cost pressures were among the most intense in nearly four years and business optimism softened to its lowest since February, a …

#Economy #India

Business Recorder

Iran says ceasefire with US includes Lebanon, Washington and Israel responsible for any violation

DUBAI: The ceasefire already in place between Iran and the United States is unequivocally a ceasefire on all fronts, including in Lebanon, Iran’s top diplomat said on Monday after Israeli Prime Minister Benjamin Netanyahu ordered attacks on the He…

#IranNegotiation #LebanonCeasefire