According to Xiang, a rising number of economists are questioning whether China's Gross Domestic Product (GDP) will ever surpass that of the US as the country grapples with declining momentum.
The State Bank of Pakistan (SBP) data showed that the government's borrowing from commercial banks reached a record PKR 5.5 trillion from July 1, 2023 to April 5, 2024. This is against PKR 2.95 billion in the same period last fiscal year.
Ecuador's President Daniel Noboa declared a second state of emergency on Friday over an energy crisis that has already led to rationing in the South American country, Reuters reported.
Projecting stagnant tax-to-GDP ratios over the next five years, the IMF estimated the figure, which is almost 1 per cent higher than 6.5 per cent target set by the federal government.
Invoking the ethnic violence in Manipur, Congress General Secretary for Communication Jairam Ramesh alleged that the Prime Minister "barely even acknowledged" the crisis.
In a reply to the Delhi LG, Delhi Minister Atishi wrote a letter to him and accused Saxena of encouraging the officers who obstructed work and did not take any action against them despite repeated requests, the Delhi water minister alleged.
As Sudan marks the one-year anniversary of the civil war between the Sudanese Armed Forces (SAF) and the paramilitary group Rapid Support Forces (RSF), aid agencies have warned that the country is on the verge of collapse and facing an unprecedented humanitarian crisis, CNN reported.
They were opened in time for the Passover school holiday and in accordance with the security instructions of the Israel Defence Forces' Home Front Command established during the continuing security crisis.
As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating agency Crisil now expects the rate cut cycle to begin from mid-2024. The repo rate is the rate of interest at which RBI lends to other banks.
Expressing concern over the incident in East Delhi, where a woman lost her life in a scuffle over alleged shortfall in water supply, AAP leader and Delhi minister Atishi on Sunday urged Lieutenant Governor VK Saxena to immediately suspend the CEO of Delhi Jal Board within 24 hours, as the
President His Highness Sheikh Mohamed bin Zayed Al Nahyan discussed during a phone call with His Majesty King Hamad bin Isa Al Khalifa, King of Bahrain, fraternal relations and ways to enhance joint cooperation in all fields to serve their mutual interests. They also deliberated on a number