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India's overall exports in 2022-23 rose 14.7 pc to record USD 775.87 bln
Updated : 3 years, 2 months ago IST
India's overall exports in the just concluded financial year 2022-2023 were worth USD 775.87 billion, a growth of over 14 per cent and almost USD 100 billion more than last year's figures, official data released by commerce ministry showed on Monday. In 2021-22, the overall exports were at U
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External financing requirements for IMF deal with Pakistan not changed, cl
Updated : 3 years, 2 months ago IST
On Sunday, Perez Ruiz said that external funding requirements had not changed throughout the discussions, under a review that would unlock USD 1.1 billion in financing for the cash-strapped South Asian nation as part of a USD 6.5 billion IMF package, Dawn reported.
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EIB Global's finance worth Euro 10.8 billion in 2022
Updated : 3 years, 2 months ago IST
In 2022, the EIB Group continued to support global healthcare, affordable energy, access to water, renewable power sources and sustainable growth everywhere. Nearly Euro 11 billion in support outside the European Union including Euro 4 billion for least-developed countries, Euro 1.2 billion
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EU's imports in high-tech products worth Euro 482 billion, exports at Euro
Updated : 3 years, 2 months ago IST
In 2022, over half of the EU's high-tech imports from non-EU countries came from China (38 per cent; Euro 183 billion) and the United States (19 per cent; Euro91 billion), with other top partners being Switzerland (six per cent; Euro 30 billion), Taiwan (five per cent; Euro 23 billion) and t
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IMF asks Pakistan to arrange USD 8 billion for successful bailout review
Updated : 3 years, 2 months ago IST
A staff-level accord to release a USD 1.1 billion tranche out of a USD 6.5 billion IMF package has been delayed since November, with nearly 100 days gone since the last staff-level mission to Pakistan.
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Elon Musk marks TikTok as "Extremely destructive" after finding ill effect
Updated : 3 years, 2 months ago IST
Billionaire Elon Musk has expressed his concern about the destructive effects of the social media platform 'TikTok' on certain age groups.
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Dubai Investments reports AED314.45 million in quarterly net profit
Updated : 3 years, 2 months ago IST
The total income for the Group increased to AED1.02 billion compared to AED761.04 million during the first quarter of 2022, an increase of 34 per cent. Total shareholder equity also increased to AED13.16 billion, compared to AED12.28 billion during the same period in 2022. Total Assets for t
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JAFZA cements growing trade relationship with India following CEPA launch
Updated : 3 years, 2 months ago IST
DP World's Jebel Ali Free Zone (Jafza) is supporting the growth of India - UAE bilateral trade relations by outlining its efforts to drive towards the $100 billion goal for non-oil trade over the next five years.
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India's forex reserves rise USD 7.2 bln to USD 596 bln
Updated : 3 years, 2 months ago IST
India's foreign exchange reserves rose by USD 7.196 billion to USD 595.976 billion in the week that ended on May 5, data released by the Reserve Bank of India showed on Friday.
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Indian real estate saw three-fold rise in foreign institutional investment
Updated : 3 years, 2 months ago IST
India received foreign institutional inflows worth USD 26.6 billion into real estate during the six-year period from 2017 to 2022, a three-fold rise from the preceding six-year period, according to Nasdaq-listed investment management company Colliers.
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Pakistan's foreign reserves continue to decline due to loan repayment
Updated : 3 years, 2 months ago IST
The foreign exchange reserves continued their downward trend and fell to USD 4.38 billion in the week ending May 5, central bank data showed on Thursday.
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Elon Musk's run as Twitter CEO comes to end, billionaire to step down in f
Updated : 3 years, 2 months ago IST
Musk shared the development in a tweet on Friday, and said, "Excited to announce that I've hired a new CEO for X/Twitter. She will be starting in ~6 weeks!."
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