Search For "billion"
Pak Finance Ministry refuses to support PKR 50bn supplementary grant for C
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 18 (ANI): Pakistan's Finance Ministry has refused to support a supplementary grant of another PKR 50 billion for the power projects established under the China-Pakistan Economic Corridor (CPEC), a media report said on Monday.
Read More
One fifth of humanity could face poverty, hunger resulting from Ukraine cr
Updated : 3 years, 11 months ago IST
New York [US], April 18 (ANI/Sputnik): The Ukraine crisis could plunge more than one fifth of humanity, or up to 1.7 billion people, into poverty and hunger, according to UN Secretary-General Antonio Guterres.
Read More
Ukraine asking USD 50 bn from G7 countries, IMF: Chief Economic Adviser
Updated : 3 years, 11 months ago IST
Kyiv [Ukraine], April 17 (ANI/Sputnik): Ukraine is asking the Group of Seven (G7) and the International Monetary Fund (IMF) for USD 50 billion in financial assistance, Oleg Ustenko, the Ukrainian president's economic adviser, said on Sunday.
Read More
Shehbaz Sharif govt decides to resume talks with IMF for package revival
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 17 (ANI): With Pakistan's economy in the doldrums, the new government led by Prime Minister Shehbaz Sharif has decided to resume talks with the International Monetary Fund (IMF) from Monday, reported local media on Sunday citing sources.
Read More
Russia's oil giant confirms pumping natural gas to Europe via Ukraine as r
Updated : 3 years, 11 months ago IST
Moscow [Russia], April 17 (ANI/Sputnik): Russian energy giant Gazprom says it is meeting supply requests for natural gas from European importers, pumping over 57 million cubic meters (2 billion cubic feet) through Ukraine on Sunday.
Read More
Pakistan: Oil, eatable import bills surge by 60 per cent
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 17 (ANI): Amid a declining economy, Pakistan's oil and eatable import bills surged by 59.98 per cent to USD 21.87 billion in the July-March period, local media reported.
Read More
In 5th straight weekly fall, India's forex reserves dip by $2.47 billion
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 16 (ANI): India's foreign exchange (forex) reserves dipped by $2.47 billion in the week ended April 8, registering the fifth straight week of fall, as the Reserve Bank of India (RBI) appears to keep selling dollars to prevent a slide in the value of rup
Read More
India bets on e-commerce for growth in post-pandemic era
Updated : 3 years, 11 months ago IST
New Delhi [India], April 16 (ANI/PNN): The E-commerce industry is changing the way business is done in India. It is growing at an exponential rate and is expected to grow to US$ 350 billion from US$ 46.2 billion in 2020. Moreover, the country allows a 100 per cent FDI in B2B e-commerce which
Read More
Pakistan under Rs 60 billion burden as PM Shehbaz Sharif rejects proposal
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 16 (ANI): Pakistan Prime Minister Shehbaz Sharif has put an additional burden of around Rs 30 billion on the exchequer by turning down the oil and gas authority's proposal to increase the fuel prices thus further deteriorating the economic situation of the coun
Read More
FDI inflows to India may touch $100 billion in 2022-23
Updated : 3 years, 11 months ago IST
New Delhi [India], April 15 (ANI): Foreign Direct Investment (FDI) inflow to India is expected to reach $100 billion in the current financial year supported by various ground touching economic reforms and significant ease of doing business in the recent years, PHD Chamber of Commerce and Ind
Read More
Sri Lanka plans to talk with IMF on April 18, says Finance Minister
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 14 (ANI): Sri Lanka is planning to start the talk with the International Monetary Fund (IMF) on April 18 to secure at least USD 4 billion in aid for the economy, said Sri Lanka Finance Minister, local media reported.
Read More
Elon Musk makes USD 41 billion hostile bid to buy Twitter
Updated : 3 years, 11 months ago IST
Washington [US], April 14 (ANI): Barely a few days after rejecting an offer to join Twitter's board, billionaire and Tesla CEO Elon Musk on Thursday made a hostile bid to buy the microblogging site for $41.39 billion in cash saying the company has extraordinary potential and he will "unlo
Read More