Search For "economy"
Pakistan's external repayment position in red zone: Moody's
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], April 12 (ANI): With Pakistan facing political turmoil and a sliding economy, further deterioration in its external position including widening of current account deficit and erosion of foreign exchange reserves, would threaten the government's external repayment posit
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Pakistan has emerged as transit hub for global narcotic smuggling
Updated : 4 years, 2 months ago IST
Kabul [Afghanistan], April 12 (ANI): Afghanistan is the prime source of opium supply to the world drug markets and Pakistan is the transport hub with drug networks operating from the country using its drug routes to reach international markets, according to an article in Islam Khabar.
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As a fallout of Russia-Ukraine war, China's economic growth to slow down b
Updated : 4 years, 2 months ago IST
Beijing [China], April 12 (ANI): A Chinese periodical highlighted that as a fallout of the Russia-Ukraine war, China's economy will slow down by 0.11 per cent in 2022.
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China's zero-COVID policy puts economy under strain
Updated : 4 years, 2 months ago IST
Beijing [China], April 12 (ANI): The complete lockdown in major cities amid China's zero-COVID policy has put the country's economy under strain with increasing inflation and disrupted global supply chains, according to a media report.
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Pak PM Shehbaz Sharif's 6-day week bitter dose to arrest failing economy
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], April 12 (ANI): Newly-elected Pakistan Prime Minister Shehbaz Sharif, in one of his first decisions, announced one-day weekly off and changed the government offices' timing to 10 hours, local media reported on Tuesday.
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India, Australia trade agreement rooted in desire to limit dependence on C
Updated : 4 years, 2 months ago IST
Beijing [China], April 11 (ANI): As both India and Australia have strained relations with Beijing, the signing of the India-Australia free trade pact on April 2 is rooted in a desire to reduce their economic dependence on the world's No. 2 economy, China.
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CEIC's GDP nowcast for Q3 FY2022 projected a growth of 5.6 percent y/y aga
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], April 11 (ANI/PR Newswire): In today's data-driven world, quarterly indicators like GDP are not enough, while traditional high-frequency indicators provide fragmentary signals for the state of the economy.
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PM Modi to hold virtual interaction with US President Joe Biden today
Updated : 4 years, 2 months ago IST
Washington [US], April 11 (ANI): Prime Minister Narendra Modi will interact with President Joe Biden virtually on Monday to further deepen ties between India and the US and discuss a range of issues including the COVID-19 pandemic, climate crisis, global economy and Indo-Pacific.
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World Bank expects Ukrainian, Russian economies to shrink drastically in 2
Updated : 4 years, 2 months ago IST
Washington [US], April 11 (ANI/Sputnik): The World Bank expects the Ukrainian economy to shrink by 45.1 per cent this year as a result of the Russian military operation, while Russia will see its economy contract by 11.2 per cent in the same period.
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Russia increases spending fund to ensure economic stability
Updated : 4 years, 2 months ago IST
Moscow [Russia], April 10 (ANI/Xinhua): The Russian government said Sunday that it has raised its reserve fund by 273.4 billion rubles (3.4 billion US dollars) to ensure economic stability in the face of external sanctions.
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High interest rate by State Bank of Pakistan to wreck country's economy
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], April 10 (ANI): After the State Bank of Pakistan "surprisingly" increased the interest rate by 250 basis points, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh said, this will put a halt to the economic and commercial activ
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Organic food export can transform Indian economy; Dairy can play major rol
Updated : 4 years, 2 months ago IST
Gandhinagar (Gujarat) [India], April 10 (ANI): Union Home and Cooperation Minister Amit Shah on Sunday said the Indian economy will transform if it fulfils the demand for organic food all over the world and the dairy sector can play a big role in achieving that.
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