Search For "economy"
Ranil Wickremesinghe among 3 candidates in race to become Sri Lanka's next
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 19 (ANI): Acting Sri Lanka President Ranil Wickremesinghe is among the top three candidates for the Presidential election scheduled to be held in the crisis-marred island nation on Wednesday.
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Food scarcity looms in Sri Lanka, orphanages face uphill task of feeding c
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 19 (ANI): Amid the unprecedented political and economic situation in Sri Lanka, the island country is now facing food insecurity due to the ongoing crisis that could severely affect thousands of children.
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Unresolved Ukraine crisis can derail global effort to end hunger: India at
Updated : 3 years, 11 months ago IST
New York City [US], July 19 (ANI): Reiterating its call for dialogue and diplomacy, India on Monday (local time) said that if the conflict in Ukraine is not solved through talks immediately, there will be severe repercussions in the global economy which will derail the efforts of securing fo
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China scrambles to defuse anger over frozen bank accounts
Updated : 3 years, 11 months ago IST
Hong Kong, July 18 (ANI): To address rising public anger over frozen deposits at some rural banks in the country, the Chinese bank regulator has pledged to boost capital buffers for thousands of small banks which are facing worsening balance sheets amid a weak economy and a slump in the prop
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Pakistani rupee nosedives to all-time low of 212 against US dollar
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 18 (ANI): The Pakistani rupee has dropped to a record low against the US dollar with the exchange rate sliding to PKR 212, local media reported on Monday.
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Indian economy remains resilient despite global headwinds: RBI
Updated : 3 years, 11 months ago IST
New Delhi [India], July 18 (ANI): The Indian economy remains resilient despite formidable global headwinds and amidst fears of a recession, the Reserve Bank of India said in its latest monthly bulletin.
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China's 'zero COVID policy' drastically affected country's economy
Updated : 3 years, 11 months ago IST
Beijing [China], July 17 (ANI): China started its "zero COVID policy" with the intention to curb the spread of Covid-19 with widespread lockdowns and mass quarantines but in reality, it had slowed down the economic growth of the country.
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World Bank approves USD 200 million to spur agricultural growth in Pakista
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 17 (ANI): The World Bank has approved USD 200 million to spur agricultural growth in Pakistan's Punjab province amid the dwindling economy of the country.
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Pakistan assures IMF over China's CPEC energy deals
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 17 (ANI): In an attempt to stabilise the country's economy, Pakistan has assured the International Monetary Fund (IMF) that it would try to receive concessions from China-Pakistan Economic Corridor (CPEC) power plants.
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No excessive money supply in the system that could stoke runaway inflation
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The Reserve Bank of India's monetary policy has been "very adroitly balanced" and it ensured that there is no excessive money supply in the system that could stoke runaway inflation, HDFC Bank Chairman Atanu Chakraborty said on Saturday.
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Financial distress in Punjab provides space to corruption, fanaticism: Exp
Updated : 3 years, 11 months ago IST
Chandigarh (Punjab) [India], July 16 (ANI): The existing financial distress in Punjab is providing space for corruption and extremism, said an expert while hinting at a rising national security threat due to the state having an international border with Pakistan.
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Emergence of new COVID variants a risk to global economic outlook: Moody's
Updated : 3 years, 11 months ago IST
New Delhi [India], July 16 (ANI): Though the overall virus-related concerns have eased with COVID infections becoming less deadly, a spike in new infections across G-20 economies is, however, a reminder that the emergence of newer and more dangerous variants remains a risk to the global econ
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