New Delhi [India], May 31 (ANI): India's fiscal deficit for the year ended March 2022 stood at Rs 15,86,537 crore, or 6.71 per cent of the country's gross domestic product (GDP), lower than 6.9 per cent projected by the Finance Ministry in the revised budget estimate, the government data sho
Beijing [China], May 27 (ANI): With China expecting a surge in demand for Chinese arms and ammunition from several countries including Middle-Eastern and African countries as the Russia-Ukraine war has entered into fourth month, a study indicates a fall in Chinese defence contracts due to la
New Delhi [India], May 20 (ANI/NewsVoir): On the occasion of World Bee Day, India Honey Alliance (IHA) today announced a series of training programs, starting with 100 beekeepers, across the country to impart technical knowledge required for the efficient management of bee colonies and best
Islamabad [Pakistan], May 20 (ANI): Pakistan has announced a ban on the import of 38 non-essential luxury items under 'emergency economic plan' amid the record fall of country's currency against the US dollar, on account of the rising import bill, and depleting foreign exchange reserves.
New Delhi [India], May 14 (ANI): The reason for the ban on wheat exports is to ensure food security of our citizens and ensure adequate food supply to the public distribution system and also ensure that we are able to direct food supplies to vulnerable food-deficit countries, said government
New Delhi [India], May 13 (ANI): India's merchandise exports rose by 30.7 per cent year-on-year to $40.19 billion in April 2022 as compared to $30.75 billion in the corresponding month of the last year, led by strong growth in sectors like petroleum products, electronic goods and chemicals,
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
Islamabad [Pakistan], May 7 (ANI): Pakistan's trade deficit swelled to a massive USD 39.3 billion in the last 10 months of the fiscal year 2021-22, putting pressure on the country's foreign currency reserves in a sign of the worsening economic woes of the country, a media report said.
New Delhi [India], May 6 (ANI): The central government on Friday released Rs 7,183.42 crore as revenue deficit grant to 14 states including Andhra Pradesh, West Bengal, Rajasthan, Punjab, Assam and Kerala.
New Delhi [India], May 3 (ANI): India's merchandise exports rose by 24.22 per cent year-on-year to USD 38.19 billion in April 2022 on the back of healthy growth in the sectors like petroleum products, electronic goods and chemicals, the government data showed on Tuesday.
Islamabad [Pakistan], April 30 (ANI): Owing to a combination of internal and external challenges of unpredictable tenure in Pakistan, the Ministry of Finance on Friday forecasted tough days ahead -- including rising inflation, expanding current account deficit, higher fiscal deficit and d