Search For "crisi"
Sri Lanka way? Moody's, Fitch and S&P downgrade Pakistan's rating
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 30 (ANI): Citing the country's weakening economic position, Moody's, then Fitch, and now S&P Global - three major global rating agencies have downgraded Pakistan's long-term rating from stable to negative, according to media reports.
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SUNREF India - Contribution to green housing in India
Updated : 3 years, 8 months ago IST
New Delhi [India], July 30 (ANI/India PR Distribution): The National Housing Bank (NHB) organised the final event for showcasing the contributions of the Sustainable Use of Natural Resources and Energy Financing (SUNREF) India Housing Programme toward green housing in the country at Silver O
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Makeshift brothels crop up in Sri Lanka as economic hardship pushes women
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 30 (ANI): In Sri Lanka, which is battling a crushing economic crisis, is now facing another predicament with its women, most of them who have lost their jobs in the textile sector, now forced to become sex workers to earn a livelihood.
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Pakistan power authority NEPRA to raise electricity tariffs again
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 30 (ANI): Pakistan's National Electric Power Regulatory Authority (NEPRA) has issued a decision to increase the basic electricity tariff once again after it raised the basic electricity tariff by Rs 7.9 per unit last week.
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Pakistani rupee may slump further to PKR 275 per dollar: Report
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan is already staring down an economic nightmare and amid this more troubling news keeps coming as IGI Securities Ltd, one of the leading securities firms in Pakistan, said that the Pakistani rupee may slump further to 275 per dollar, media reports
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Japan hands over medical supplies consignment to Sri Lanka
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 29 (ANI): The Japanese government came forward to help Sri Lanka and handed over the first consignment of a total donation of USD 1.5 million of essential medicines through UNICEF to meet the urgent needs of the population.
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India committed to assist Sri Lanka in overcoming economic crisis: Preside
Updated : 3 years, 8 months ago IST
New Delhi [India], July 29 (ANI): Newly-elected President Droupadi Murmu while extending felicitations to Sri Lankan President Ranil Wickremesinghe said that India has been committed to assist the people of Sri Lanka in overcoming the challenges posed by the economic crises.
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Asia's richest woman lost half her wealth in China's property crunch
Updated : 3 years, 8 months ago IST
Beijing [China], July 29 (ANI): As China's property crisis escalates, Asia's wealthiest woman has seen her wealth fall to USD 11 billion from nearly USD 24 billion this year, a media report said.
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Bleak future lies in store for Pakistan
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan is at a crossroads as most paths lead to further disaster than seen in the last six months.
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Pakistan's economic outlook is uncertain, blurry
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): The ongoing political unrest in Pakistan is increasing economic uncertainty, causing the rupee to depreciate, and impacting the cost of production.
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Imran Khan polarizing Pakistan, insists on talks with proscribed organizat
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): Amid political instability and economic chaos, former Pakistan Prime Minister Imran Khan is trying to polarize the country by insisting on talks with the proscribed organization Tehreek-i-Taliban Pakistan (TTP), the separatists of Balochistan and Sindh
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Credit agency S&P cut Pakistan's credit outlook rating to negative
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 29 (ANI): As Pakistan's economy slumps to a new low, ratings by S&P Global, an American credit rating agency, has cut Pakistan's credit outlook to negative and markets think that Pakistan might soon follow Sri Lanka into debt default and economic crisis, media
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