Search For "billion"
Russia increases spending fund to ensure economic stability
Updated : 3 years, 11 months ago IST
Moscow [Russia], April 10 (ANI/Xinhua): The Russian government said Sunday that it has raised its reserve fund by 273.4 billion rubles (3.4 billion US dollars) to ensure economic stability in the face of external sanctions.
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Amid economic decline, Pakistan faces USD 2.5 billion debt servicing oblig
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 9 (ANI): Amid a declining economy and political instability, Pakistan has to pay back foreign debt to the tune of USD 2.5 billion on account of principal and mark-up obligations during the ongoing quarter (April-June) of the current fiscal year 2021-22.
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Panic selling of Chinese bonds by foreign investors
Updated : 3 years, 11 months ago IST
Beijing [China], April 9 (ANI): Foreign investors reduced their holdings of Chinese bonds by more than USD 15 billion in March, a record high and the largest withdrawal from China in a single month. It was the second month in a row that foreign investors sold Chinese bonds. Massive outflows
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Govt creates matrix for 50 farm products to boost exports
Updated : 3 years, 11 months ago IST
New Delhi [India], April 9 (ANI): Buoyed by a record over $50 billion worth of exports of agricultural products in the financial year ended March 31, the central government has created matrix for 50 farm products to further boost shipments, the Union Ministry of Commerce & Industry said
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India's forex reserves slump by $11.17 billion; steepest fall ever
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 9 (ANI): India's foreign exchange (forex) reserves dipped by $11.17 billion in the week ended April 1, the steepest weekly fall ever, due to a sharp plunge in foreign currency assets, the Reserve Bank of India (RBI) data showed.
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India's exports rise by 37.57 per cent to USD 9.32 billion in 1st week of
Updated : 3 years, 11 months ago IST
New Delhi [India], April 8 (ANI): India's exports surged to USD 9.32 billion in the first week of this month, posting year-on-year growth of 37.57 per cent, the government data showed on Friday.
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ANVI, a social impact neo-bank, disrupts India's informal credit market wi
Updated : 3 years, 11 months ago IST
New Delhi [India], April 8 (ANI/PNN): A majority of nearly 400 million Indian blue collar workers who support roughly 1.1 billion people are employed by micro, small and medium enterprises. These businesses are predominantly unorganised and have traceability concerns from tax and labour auth
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Public anger against Sri Lanka government's decision on developing Colombo
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 8 (ANI): People in crisis-hit Sri Lanka are lashing out at the Port City of Colombo (PCC) project, which is being developed at an estimated USD 1.4 billion with assistance from Beijing, alleging that the government had sold out their lands to China.
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Abu Dhabi-based IHC to invest USD 2 bn in Adani Group's 3 firms
Updated : 3 years, 11 months ago IST
Ahmedabad (Gujarat) [India], April 8 (ANI): Abu Dhabi-based conglomerate International Holding Company will invest USD 2 billion as primary capital in three Adani Group firms - Adani Green Energy, Adani Transmission and Adani Enterprises, Adani Group said on Friday.
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Canada to increase military expenditures by USD 6.4bn in next 5 years
Updated : 3 years, 11 months ago IST
Toronto [Canada], April 8 (ANI): Canada intends to increase military spending by some USD 6.4 billion (CAD 8 billion) over the next five years, the Department of Finance announced in the Federal Budget.
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Free trade agreement gives new horizons for India-UAE partnership
Updated : 3 years, 11 months ago IST
Dubai [UAE], April 7 (ANI): Ties between India and the United Arab Emirates got a major boost with the Comprehensive Economic Partnership Agreement (CEPA), signed recently between the two countries which is expected to increase bilateral non-oil merchandise trade to USD 100 billion in the ne
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Over 270,000 MT of fuel delivered to Sri Lanka under Indian credit line
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 6 (ANI): India has supplied over 270,000 MT fuel to Sri Lanka so far to help ease the power crisis in the island country which is witnessing acute power cuts.
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