Search For "economy"
Imran Khan inherited bad economy, but leaves it in even worse shape: Pak e
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], April 10 (ANI): After Imran Khan was voted out of office by the Pakistani Parliament, renowned economist Atif Mian explained how the former Pakistan Prime Minister inherited a bad economy but left it in even worse shape.
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Afghan Saffron's sales goes down by 20 to 30 %, traders tensed
Updated : 4 years, 2 months ago IST
Kabul [Afghanistan], April 10 (ANI): Due to a drop in sales of Afghan saffron by 20-30 per cent, traders called on the Islamic Emirates to help them facilitate the export of Afghan products in the current solar year 1400, increasing the prices of the spice which is also termed as 'Red Gold'.
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Amid economic decline, Pakistan faces USD 2.5 billion debt servicing oblig
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], April 9 (ANI): Amid a declining economy and political instability, Pakistan has to pay back foreign debt to the tune of USD 2.5 billion on account of principal and mark-up obligations during the ongoing quarter (April-June) of the current fiscal year 2021-22.
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Panic selling of Chinese bonds by foreign investors
Updated : 4 years, 2 months ago IST
Beijing [China], April 9 (ANI): Foreign investors reduced their holdings of Chinese bonds by more than USD 15 billion in March, a record high and the largest withdrawal from China in a single month. It was the second month in a row that foreign investors sold Chinese bonds. Massive outflows
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BJYM new talk series: Nirmala Sitharaman discusses Modinomics, COVID, digi
Updated : 4 years, 2 months ago IST
New Delhi [India], April 9 (ANI): In the inaugural session of the Bharatiya Janata Yuva Morcha's (BJYM) new talk series, Union Finance Minister Nirmala Sitharaman engaged with 30 young and dynamic Indians and discussed various policy-related and personal topics, informed the officials on Fr
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Cabinet approves extension of Atal Innovation Mission till March 2023
Updated : 4 years, 3 months ago IST
New Delhi [India], April 8 (ANI): Union Cabinet chaired by Prime Minister Narendra Modi has approved the continuation of the Atal Innovation Mission (AIM), till March 2023. The AIM shall work on its intended target of creating an innovation culture and entrepreneurial ecosystem in the cou
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ADB forecasts gloomy picture for Pakistan's economy
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], April 7 (ANI): The Asian Development Bank (ADB) on Wednesday forecast Pakistan's economic growth rate to slow down to 4 per cent this year from 5.6 pc in the Fiscal Year 2021.
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G7 leaders agree on ban of new investments in key sectors of Russian
Updated : 4 years, 3 months ago IST
Moscow [Russia], April 7 (ANI/Sputnik): The G7 Leaders have agreed on a ban of all new investments in key sectors of the Russian economy, including in energy, according to a statement published on Thursday.
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Pakistan's public debt soars by PKR 18 trillion
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], April 6 (ANI): Pakistan's public debt has soared by over 18 trillion Pakistani Rupees (PKR) in the last three and a half years of the outgoing Imran Khan's government, which is more than the liabilities accumulated by any government in the country's history, a central b
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Jaishankar in LS underlines economic cost of Ukraine-Russia conflict
Updated : 4 years, 3 months ago IST
New Delhi [India], April 6 (ANI): Union Minister for External Affairs S Jaishankar on Wednesday said in the Lok Sabha that the Ukraine and Russia conflict has had significant consequences on the global economy while the government is taking measures in the national interest to mitigate th
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ADB pegs India's economic growth at 7.5 per cent for 2022-23
Updated : 4 years, 3 months ago IST
New Delhi [India], April 6 (ANI): The Asian Development Bank (ADB) on Wednesday said the Indian economy is projected to grow by 7.5 per cent in the current financial year and the growth would accelerate to 8 per cent in 2023-24.
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Sri Lanka crisis: President will not resign, says Chief Government Whip Jo
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], April 6 (ANI): Amidst the unprecedented economic crisis in Sri Lanka, Chief Government Whip Johnston Fernando on Wednesday informed Parliament that President Gotabaya Rajapaksa will not resign and will face the current issues.
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