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Sudal Industries, an aluminium products manufacturer, has become the first Indian company to get a debt resolution from banks under the insolvency pre-pack mechanism introduced for micro, small and medium-sized businesses (MSMEs). Only six cases have been admitted by NCLT under the pre-pack insolvency resolution process that was introduced in 2021 for the MSME sector to ensure that financial stress faced by smaller companies is resolved quickly for the overall health of the economy.

ALBAWABA – The drop in China exports in July marks the biggest fall in more than three years, official data showed Tuesday, while the Yuan slips

China's natural disasters including floods, typhoons and geological disasters have affected more than 16 million people, with 147 people dead or missing, and the direct economic losses amounted to 41.18 billion yuan ($5.74 billion) in July, the worst this year, according to China's Ministry of Emergency Management on Friday.

A European agency is considering sweeping restrictions on fluorinated chemicals used in jet engines, electric cars, refrigeration systems, semiconductors and many consumer products. A European agency is considering sweeping restrictions on fluorinated chemicals used in jet engines, electric cars, refrigeration systems, semiconductors and many consumer products.

Chinese officials said on Friday that China's economic recovery remains on track, with positive improvements in the economic cycle, residents' income and consumption, and has effectively coped with changes in the external environment amid an intricate and complex global geo-economic situation.