Business

A Middle East conflict involving the US and Iran is now impacting Asia, potentially pushing 8.8 million into poverty, according to a UN report. Soaring fuel costs and trade disruptions are hitting household budgets and food security across the region, with significant economic losses projected. Remittance flows are also a concern for several nations.

Uttar Pradesh government has approved a significant interim hike of approximately 21% in minimum wages for workers in Gautam Buddh Nagar and Ghaziabad, effective April 1. This decision follows widespread factory worker protests. New monthly wages for unskilled, semi-skilled, and skilled workers in these regions have been revised, with the CM urging employers to ensure

Pakistan is holding talks with Saudi Arabia and China to secure financial assistance as it prepares to repay a loan of roughly $3 billion to the United Arab Emirates, sources told Bloomberg.