The International Monetary Fund (IMF) forecasts a global economic growth rate of 3.2 percent for the year 2024, raising it's growth forecast by 10 basis points.
Model Economic Township Limited (MET City), a 100 per cent subsidiary of Reliance Industries Limited, witnessed a strong growth of 60 per cent in the just-concluded financial year 2023-24.
Along anticipated lines, RBI kept the policy repo rate unchanged at 6.50 per cent, the seventh time in a row. The repo rate is the rate of interest at which the RBI lends to other banks.
With approximately 20 million barrels per day of crude oil and condensate passing through the Strait of Hormuz, equivalent to about a fifth of global consumption, any disturbance in this key maritime route reverberates across the world.
Quite similar to balancing on a sea-saw, Pakistan is also dangling between maintaining its relationship with both Saudi Arabia, and Iran amid regional security concerns and persistent economic challenges.
"In the midst of the entire G-20, this was actually one of the big achievements. So it mattered enough for everybody to take a timeout and figure out how to do this. And even though there is a lot of turbulence in the Middle East after October 7, the one thing on which all the IMEC partne
Prime Minister Narendra Modi has said that India-Middle-East-Europe Economic Corridor, for which an agreement was reached during the G20 summit hosted India last year, will be a "big game changer like the silk route"
Thiruvalluvar, commonly known as Valluvar, was an ancient Tamil philosopher known for his wisdom, expressed in 1,330 couplets, on topics ranging from ethics to economics.
International aid from official donors rose in 2023 to a new all-time high of USD 223.7 billion, up from USD 211 billion in 2022, as provider countries increased aid flows to Ukraine and directed more humanitarian assistance to developing countries, according to preliminary data collected by
As Pakistan continues to deal with economic challenges, traders in Karachi have termed the 2024 Eid-ul-Fitr season the most disappointing year in the city's 75-year history, blaming the rising inflation for a significant decline in their business.
Amjad Ayub Mirza, a political activist from Pakistan-occupied Kashmir (PoK), stressed on Friday that the situation in the region is getting worse by the day, adding that the people's buying power has collapsed.