Search For "billion"
IMF seeks more Pak assurances before releasing bailout package
Updated : 2 years, 11 months ago IST
The International Monetary Fund (IMF) has "welcomed" Pakistan's confirmation of having secured crucial bilateral support from key partners and said it looked forward to receiving further "financing assurances as soon as possible", which would help conclude the much-delayed ninth review of a
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China eyes Afghanistan's lithium reserves, offers to invest USD 10 billion
Updated : 2 years, 11 months ago IST
Since the Taliban takeover of the country, China has increased its influence via economic ties with the current regime.
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India's bio-economy likely to touch USD 300 billion by 2030
Updated : 2 years, 11 months ago IST
India's cutting-edge developments in its bio-economy were one of the key factors in its ability to successfully combat the COVID-19 outbreak and carry out one of the world's largest vaccination drives.
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Big US banks beat earnings expectations on higher interest rates
Updated : 2 years, 11 months ago IST
JPMorgan Chase, the country's largest bank, reported a USD 12.6 billion net profit for the first quarter of 2023, up 52 per cent from a year earlier. Earnings per share jumped 56 per cent to USD 4.10.
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India plays key role in IMF's clearance of 48-month EFF worth USD 2.9 bill
Updated : 2 years, 11 months ago IST
India earnestly supported Sri Lanka in this arduous journey of mobilizing IMF support amid a serious foreign exchange crisis and consequent harsh economic conditions.
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Nigeria probes sale of stolen 48 mn barrels of crude oil to China
Updated : 2 years, 11 months ago IST
"It is quite alarming that illegal deals with China cost Nigeria USD 2.4-billion revenue loss from the sale of stolen 48 million barrels," Nigeria's Speaker of the House of Representatives Femi Gbajabiamila said in Abuja on Tuesday, at the opening of the ad hoc committee set up to probe the
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Pakistan: Khyber Pakhtunkhwa caretaker govt reaches edge of default amid f
Updated : 2 years, 11 months ago IST
Currently, Khyber Pakhtunkhwa has only PKR 13 billion in its provincial kitty. The Finance Department has refused to give salary and pension for the month of April in advance on account of Eid to government employees.
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Nepal approves investment proposal from India's SJVN for 669 MW Lower Arun
Updated : 2 years, 11 months ago IST
The investment proposal from SJVN worth 92.68 billion Nepali Rupees was given approval in the 53rd meeting of the Investment Board chaired by Nepal's Prime Minister Pushpa Kamal Dahal on Thursday.
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Infosys: Industry leading FY23 revenue growth of 15.4 per cent with health
Updated : 2 years, 11 months ago IST
Bengaluru (Karnataka) [India], April 14 (ANI/PRNewswire): Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered USD 18.2 billion in FY23 revenues with industry-leading growth of 15.4 per cent in constant currency and opera
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Mounting losses, piling debt crippling Pakistan International Airlines: Re
Updated : 2 years, 11 months ago IST
Recently, a Pakistan News outlet ARY News stated that PIA has tax debts amounting to over Rs 400 billion (USD 1.4 billion). The carrier had also recently asked for a government bailout to the tune of Rs 45 billion (USD 157 million).
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Zeal is high: Union Minister Piyush Goyal on India's record USD 770 billio
Updated : 2 years, 11 months ago IST
Union Commerce Minister Piyush Goyal said , "On 6th Aug 2021, PM Modi gave an inspiring address and interacted with 180 Ambassadors and Missions of India across the world, Export Promotion Councils and others. He gave a message that India is on the track and together we have to take India to
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Emirates contributes AED 10 million to "1 Billion Meals Endowment" campaig
Updated : 2 years, 11 months ago IST
Emirates has pledged AED 10 million to the campaign, which aims to develop sustainable solutions to fight hunger, eradicate its causes and limit its repercussions through clear programmes and targeted processes to effectively support vulnerable groups, in collaboration with relevant humanita
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