Search For "billion"
USD 842 billion budget proposal for US defence driven by competition with
Updated : 2 years, 12 months ago IST
"The People's Republic of China (PRC) is our pacing challenge. And we're driving hard to meet it. Our budget builds on our previous investments to deter aggression. We're investing in a more resilient force posture in the Indo-Pacific and increasing the scale and the scope of our exercises w
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Market value of treated wastewater in India to more than double by 2050: C
Updated : 2 years, 12 months ago IST
The market value of treated wastewater in India is estimated to be Rs 830 million by 2025 and Rs 1.9 billion in 2050 provided there is a mechanism to sell it to various sectors, according to a study released by policy research institution Council on Energy, Environment and Water (CEEW).
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India's exports hit record in 2022-23 at USD 750 bn: Piyush Goyal
Updated : 2 years, 12 months ago IST
India's total exports crossed USD 750 billion with two-to-three days still left in financial 2022-23, and is the highest by the country ever.
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Pakistan: EPTL warns federal government of shutting down plant
Updated : 2 years, 12 months ago IST
The company has written Central Power Purchasing Agency -Guaranteed (CPPA-G) a number of letters, most notably one on February 22, 2023, in which it asked for payment of its unpaid debts and alerted CPPA-G of impending debt servicing needs totalling Rs 28 billion.
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Chinese real estate giant Evergrande rolls out restructuring plan
Updated : 2 years, 12 months ago IST
Evergrande's negotiations with bondholders which investors said often seemed close to faltering covered over USD 19 billion of bonds.
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India, US, Japan secure USD 2.286 bn IMF bailout for Sri Lanka
Updated : 2 years, 12 months ago IST
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und
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Pakistan circular debt for Chinese Independent Power Producers reaches PKR
Updated : 2 years, 12 months ago IST
Pakistan's Planning Minister Ahsan Iqbal chaired the meeting and discussed progress on Special Economic Zones, ML-1, KCR and several new development initiatives to be discussed by the Joint Working Groups (JWGs).
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India's forex reserves rise sharply
Updated : 2 years, 12 months ago IST
India's foreign exchange reserves rose sharply by USD 12.798 billion to USD 572.801 billion in the week ending March 17, according to the Reserve Bank of India's latest data.
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IMF asks Pakistan to provide external financing assurances for release of
Updated : 3 years ago IST
It should be noted that Pakistan and the IMF have been negotiating since early February on an agreement that would release USD 1.1 billion to the cash-strapped, nuclear-armed country of 220 million people and its supercritical for the liquidity-challenged country, whose deficient foreign exc
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Pakistani politicians ignore Gilgit-Baltistan's problems, treat people lik
Updated : 3 years ago IST
Gilgit-Baltistan gets grants in aid like alms. Currently, the Developmental and Non-Developmental Grant in Aid is Rs.18.48 billion which is less than the budget allotted to some districts of the federation. The vernacular media further write that despite this, Gilgit -Baltistan are cursed an
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Unified Payments Interface (UPI) makes India a global leader in next-gener
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], March 24 (ANI/PRNewswire): With Cash use declining from 71 percent of POS transaction value in 2019 to just 27 percent in 2022, India has emerged as a global leader in payments with the development of its next-generation real-time payments (RTP) infrastructure,
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Washington stands with women in Iran, Afghanistan who face violence: US Pr
Updated : 3 years ago IST
"We stand with women in Iran and Afghanistan who are facing down violence ... The budget I laid out two weeks ago, includes more than three billion dollars, a record amount, to advance general quality globally not just at home," he said, as quoted by TOLO News.
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