India's GDP growth for the second quarter of the current fiscal year could be around 6.5 per cent, according to a report by the State Bank of India (SBI).
Nepal has recorded foreign investment commitments totalling NPR 16.4 billion in the first quarter of the current fiscal year, with NPR 3.45 billion pledged in September alone. The tourism sector leads with 64 per cent of the commitments, reflecting renewed confidence in the country's economi
The IMF retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expects India to grow at 7 per centi n the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26).
The Economic Coordination Committee (ECC) of the cabinet approved PKR 20 billion as a special allocation for Operation Azm-e-Istehkam during the current fiscal year 2024-25, according to an official announcement by the Ministry of Finance.
The current fiscal year's tax-laden budget and the Supreme Court's ruling on reserved seats have shifted the focus of politics to the economy, further posing doubts over Pakistan's ability to meet the new International Monetary Fund (IMF) conditions for a USD 7 billion loan, reported Dawn.
According to the official figures released by the ministry on July 3, coal production surged by 35 per cent year-on-year, rising from 29.26 million tonnes (MT) in the first quarter of financial year (FY) 2024 to 39.53 MT in the first quarter of Q1 FY25.
State Finance Minister Devda said that the budget for the culture department for the current fiscal year was two and a half times more than that of the budget estimate of the last FY 2023-24.
State Finance Minister Devda said that the budget for the health sector for the current fiscal year was 34 per cent more than that of the budget estimate of the last FY 2023-24.
State Finance Minister Devda said that the budget for Women and Child Development for the current fiscal year was 81 per cent more than that of the budget estimate of the last FY 2023-24.
India's largest public sector bank, State Bank of India, said through an exchange filing that its board has approved raising up to USD 3 billion via debt in the current financial year. In the exchange filing, the state-run lender says