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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 2 years, 12 months ago IST
The staff-level agreement between the International Monetary Fund (IMF) and Pakistan was scheduled to take place on February 9.
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Pakistan makes inadequate investments in human capital: World Bank
Updated : 2 years, 12 months ago IST
According to the Pakistan Human Capital Review, "If Pakistan continues on its current trajectory in human capital development, its GDP per capita would grow overall by a mere 18 per cent through 2047, the 100th anniversary of its founding."
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World-famous 'Basohli Painting' from Jammu gets GI tagging
Updated : 2 years, 12 months ago IST
The world-famous 'Basohli Painting' from Kathua district obtained the Geographical Indication (GI) Tag following approval by the National Bank for Agriculture and Rural Development (NABARD) Jammu.
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SC dismisses plea for pan India enquiry into financial frauds in Kisan Cre
Updated : 2 years, 12 months ago IST
The Supreme Court has dismissed a plea for a pan India enquiry into alleged financial fraud in the working of the Kisan Credit Card system for farmers with the connivance of bank officials.
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Although RBI has come a long way... there is still a long path to traverse
Updated : 2 years, 12 months ago IST
During the 31st Annual Management Convention of Thrissur Management Association, the deputy governor in his address said, "The huge gap in availability and utilisation of financial services by the urban and rural India is one such challenge."
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Mayhem in Pakistan amid rising inflation, cost-of-living
Updated : 2 years, 12 months ago IST
The lack of coordinated fiscal and monetary policy responses, coupled with the complete inability of the central bank to keep inflation within the target range has led to a scenario where the country is on the verge of a hyperinflationary cycle.
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Shaktikanta Das congratulates Team RBI on completing 88 years of service t
Updated : 2 years, 12 months ago IST
The Governor said in a tweet, "Congratulations Team RBI for 88 years of dedicated service to the nation. It's an humbling moment. A day to rededicate ourselves to the responsibilities of this national institution."
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RBI names Neeraj Nigam as new Executive Director
Updated : 2 years, 12 months ago IST
Nigam has, over a span of more than three decades, served in Regulation and Supervision, Human Resource Management, Premises, Currency Management, Bank Accounts and other areas in the Reserve Bank, in its Central Office as well as Regional Offices.
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Indian stocks largely steady as RBI monetary policy meeting commences
Updated : 2 years, 12 months ago IST
Indian stocks traded largely steady Monday morning as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting, the first in 2023-24, starting today.
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16pc women in Pakistan's Quetta are employed, survey finds
Updated : 2 years, 12 months ago IST
The 'Women in the Workforce in Quetta' survey, which was carried out by World Bank, showed that only 16 Per Cent women participate in the labour market and work in low-value-added activities, with a high prevalence of own-account, informal, and home-based work.
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Finance Ministry, RBI officials to depose before parliamentary panel on im
Updated : 2 years, 12 months ago IST
Sources said that the panel is to discuss global financial developments and how it impacts a country like India which is taking huge strides forward as a big player in promoting Startups.
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Police nab 2 fraudsters for duping man of Rs 50,000 in Delhi
Updated : 2 years, 12 months ago IST
"They induced the complainant to pay half of the money after depositing their money. They handed the packet of Rs 2 lakh and replaced his packet of Rs 50,000," police added.
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