Search For "billion"
Over Euro 1.2 billion affected by fraud, irregularities in 2023: OLAF
Updated : 1 year, 9 months ago IST
During 2023, OLAF opened 190 new investigations, following 1178 preliminary analyses carried out by OLAF experts.
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Israel's surplus in current accounts USD 6.7 billion to start 2024
Updated : 1 year, 9 months ago IST
Israel's Central Bureau of Statistics reported that the surplus in the current account in the first quarter (Q1) of 2024, minus the effect of seasonality, amounted to USD 6.7 billion, compared to $9.3 billion in the previous quarter.
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Foreign Portfolio Investors invested USD 1.4 billion in last five sessions
Updated : 1 year, 9 months ago IST
Foreign portfolio investors (FPIs) returned to Indian markets, marking a net investment exceeding USD 1 billion over the last five trading sessions. On June 14, FPIs invested USD 644.61 million, which pushed their total investment past the 1 billion USD mark.
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Pakistan power regulatory body hikes power tariff by 20 pc
Updated : 1 year, 9 months ago IST
The new tariff of PKR 5.72 per unit will take effect on July 1. This adjustment is expected to generate an additional PKR 485 billion in revenue for Discos, bolstering the government's position in securing an IMF bailout slated for July.
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UAE's banking sector liquid assets stand at AED786.6 billion in Q1-24
Updated : 1 year, 9 months ago IST
In its report on key financial stability indicators for Q1-24, released today, the Central Bank of the UAE (CBUAE) stated that the value of these liquid assets increased on a quarterly (q-o-q) basis by 5.7 per cent, or AED42.7 billion, compared to approximately AED743.95 billion at the end o
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"Misquoted...": Union Minister Kumaraswamy clarifies his remarks over job
Updated : 1 year, 9 months ago IST
On Friday, according to a media report, Kumaraswamy questioned if India needed investments like US-based semiconductor manufacturer Micron Technology setting up a 2.5-billion-dollar unit in Gujarat and potentially receiving Rs 3.2 crore in subsidies for every job it creates.
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India's foreign exchange reserves touch fresh highs at USD 655.8 billion
Updated : 1 year, 9 months ago IST
India's foreign exchange reserves jumped USD 4.307 billion to touch a new lifetime high of USD 655.817 billion during the week that ended June 7, official data from the Reserve Bank of India (RBI) showed.
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CBUAE's gold reserves see 12.6 per cent YoY growth by end of March 2024
Updated : 1 year, 9 months ago IST
The value of gold reserves of the Central Bank of the UAE (CBUAE) reached AED19.615 billion by the end of March 2024, marking a year-on-year (YoY) growth of 12.6 percent from AED17.41 billion in March 2023.
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UAE's banking sector liquid assets stand at AED786.6 billion in Q1-24
Updated : 1 year, 9 months ago IST
The liquid assets in the UAE banking sector stood at AED786.6 billion at the end of Q1-24, marking a year-on-year increase of 28.2 per cent, or AED172.8 billion, compared to approximately AED613.8 billion at the end of Q12023.
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Corporates hail India's export surge: May exports up by 10.25 pc YoY
Updated : 1 year, 9 months ago IST
India's overall exports for May 2024, encompassing both merchandise and services, surged to USD 68.29 billion, reflecting a substantial year-on-year increase of 10.2 per cent, according to data released by the Commerce Ministry on Friday.
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Vedanta's arm Western Cluster Limited to invest USD 2 billion in Liberia's
Updated : 1 year, 9 months ago IST
Mumbai-based mining company Vedanta Group, through its arm Western Cluster Limited (WCL), will invest USD 2 billion in Liberia's mining sector.
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India's May exports up at 10.2 pc, trade deficit also narrowed
Updated : 1 year, 9 months ago IST
India's overall exports, merchandise and services combined, in the month of June were to the tune of USD 68.29 billion, a 10.2 rise on a yearly basis, commerce ministry data showed on Friday.
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