India's EXIM bank and State bank of India, for the import of essential commodities, extended export credit facilities worth USD 1,500 million to Sri Lanka.
According to the Geo-politik, Pakistan, which has severely mismanaged its economy, has now used the pretext of flood devastation and consequent humanitarian crisis to get international assistance.
"We all appreciate the principle of globalisation. India has always seen the world as one family. Developing countries desire globalisation that does not create a climate crisis, does not lead to unequal vaccine distribution or over-concentrated global supply chains. We want a globalisation
According to two separate official announcements, UAE pledged to roll over USD 2 billion debt payable over the next two months and topped this with an additional USD 1bn support promised during Pakistan Prime Minister Shehbaz Sharif's visit to the UAE.
The world is going through multifarious crisis and India is not an exception. India's present presidency at the G20 is going to offer it the platform to resolve many such issues at the global level.
In the wake of the land-subsidence crisis in Joshimath area of Uttarakhand's Chamoli, the dismantling of Hotel Malari Inn began on Friday, as per the official sources.
In the wake of land-subsidence crisis in Joshimath, Uttarakhand Chief Minister Pushkar Singh Dhami on Friday said that 99 families from the area have been dislocated so far and Rs 1.5 lakh ex gratia is being provided to the affected families.
A multitude of factors including political instability, discontinuity of macroeconomic policy, terrorism, corruption, and energy shortages, have traditionally kept foreign investors from bringing money into Pakistan.
Former Union Minister Uma Bharti on Friday met with Uttarakhand Chief Minister Pushkar Singh Dhami and discussed the security arrangements made for the land subsidence-affected families in the Joshimath town of state's Chamoli.
The country owes almost one-third of its external debt to China, which is facing criticism for its debt trap diplomacy globally. The Pakistan regime has always ignored the people of the country while spending huge amounts of money on acquiring military equipment.
The inability of banks to open LC's despite the State Bank of Pakistan's (SBP) directives about import facilitation, poses a threat to the supply of food, as well as, could escalate price pressures and create a shortage of medications.