The International Monetary Fund (IMF) has announced an agreement with Egypt to unlock approximately USD 1.2 billion in funding to support the country's struggling finances, Al Jazeera reported on Wednesday.
The foreign loan disbursements to Pakistan have dropped by 43 per cent, reaching USD 3.6 billion in the first five months of the current fiscal year, The Express Tribune reported on Tuesday, citing official data released on Monday.
A total of 432 applications were submitted to the fund, totaling approximately 1.2 billion Shekels (USD 326 million). Approximately 70 per cent - 294 applications - were submitted by local authorities, of which 60 were submitted by minority authorities and 12 applications were submitted by c
Israel and Slovakia signed a 2 billion shekel (USD 582 million) agreement on Monday to boost the European country's air defense systems, in the largest defense export deal ever between the two.
Projections indicate equity investments may touch USD 10-11 billion by year-end, with increasing interest in tier-II and tier-III cities.
Delhi-NCR led with a 26 per cent share of total investments, followed by Mumbai and Bengaluru.
India's forest and tree cover now account for 25.17 per cent of its total geographical area, as per the latest India State of Forest Report. The country has added 1,445 sq km of green cover since the last report, with forest cover at 21.76 per cent and tree cover at 3.41 per cent. This incre
India's foreign exchange (forex) reserves continue to decline. In the week that ended December 13, the foreign exchange kitty declined by USD 1.988 billion to USD 652.869 billion, data from the Reserve Bank of India (RBI) showed Friday.
New Delhi [India], December 20: Humanize AI (Available at https://www.humanizeai.io) is a revolutionary AI humanizer that sets a new standard in content transformation. Over 5.8 million users across the globe trust the innovative platform to convert more than 1.1 billion words a month, deliv
New Delhi [India], December 20: The European medical devices market, projected to surpass EUR230 billion by 2030, is driven by an ageing population, healthcare advancements, and technological innovation. In 2022, it was valued at over EUR150 billion with a 5.5% CAGR. The In-vitro diagnostic
Impressively, 67 per cent of this amount (USD 667 billion) was received in the last decade alone (2014-2024). The manufacturing sector has particularly benefited, witnessing a 69 per cent surge in FDI equity inflows, which rose from USD 98 billion during 2004-2014 to USD 165 billion in 2014-
The initiative, launched in November 2020, covers 14 key sectors and has already delivered milestones. The program has catalyzed investments worth Rs1.46 lakh crore (USD 17.5 billion), spurred production and sales of Rs12.50 lakh crore (US$150 billion), and boosted exports to Rs4 lakh crore
The World Bank's Board of Executive Directors approved three operations totalling USD 1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development, said a World Bank statement on Friday