A recent analysis by CRISIL Ratings, which examined 58 gold jewellery retailers representing a third of the organised sector's revenues, indicates that the sector will benefit from improved working capital management.
Hundreds of students from different schools, colleges and universities in Imphal stormed toward the Raj Bhavan, demanding the resignation of the Director General of Police, Security Advisor and also the Governor amid the recent violence and crisis that has gripped the northeastern state sinc
The trader community in Pakistan has been struggling to stay afloat as the administration has been imposing heavy taxes on every essential commodity because of an ongoing economic crisis.
Rafillah Afridi, a local resident, highlighted that the local people have been suffering from every crisis imaginable, because of the unavailability of health, education, communication and employment opportunities.
They said that China's support for the junta and its planned election "undermines the will of the Myanmar people, deepens the people's suffering and prolongs the crisis."
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings.
Pakistani senators have denounced the government's recent decision to grant security forces special powers under an amended Anti-Terrorism Act. The new regulations, endorsed by the federal cabinet, enable extensive detention authority for up to three months and warrantless home searches, spa
Amid a declining property market in China, regional banks are offloading non-performing real estate loans despite government pressure to support the housing sector. As of June 2024, non-performing industrial loans at local banks surged, prompting significant asset sales to manage bad debts.
India has repeatedly extended help to different countries across the world, during crisis situations and in many cases, by acting as the first responder.
Pakistan currently finds itself in a double-edged debt trap. The entire budget of the country goes into domestic and foreign debt servicing, which consumes its tax revenue, hence, the country is forced to rely on its internal borrowing for survival.