Notably, wholesale inflation in India based on the Wholesale Price Index continued to moderate and was at 3.85 per cent (provisional) in February 2023, against the previous month's 4.73 per cent. Overall wholesale inflation was at 8.39 in October and has been falling since then. Notably, the
According to a public statement which came on RBI website, the person should have at least fifteen years of experience in banking and financial market operations and extensive experience as a full-time director/board member.
The Division bench headed by Chief Justice Satish Chandra Sharma disposed of the PIL on Monday after noting the statement of the petitioner Subramanian Swamy.
Ishaq Dar was chairing the second meeting of the monitoring committee to oversee the implementation of austerity measures, according to a press statement issued by the finance ministry.
Following the delay in the staff-level agreement with the International Monetary Fund (IMF), Pakistan has decided to seek US help for the revival of the stalled loan programme, ARY News reported, citing sources. Sources within the Finance Ministry familiar with the development said that the
According to sources within the Finance Ministry, the incumbent government has decided to seek Washington's help as the majority of the demands of the fund have been completed. "There is no need for further delay in the staff-level agreement."
The next tranche of the IMF bailout package would depend on Pakistan's quick measures to arrange for full financing of its balance of payments deficit for the fiscal year 2022-23.
During the deliberations that followed, FM Sitharaman and the US Secretary of Commerce also exchanged views on enhancing bilateral cooperation to further boost investment and trade in mutually agreed areas, according to a tweet posted by the official handle of the Union finance ministry.
The official Twitter handle of the ministry -- @FinMinIndia -- tweeted on Thursday, "Congratulations to Mr Ajay Banga on being nominated to lead @WorldBank. India supports Mr Banga's nomination and looks forward to his leadership of the @WorldBank."
According to Dawn, the clarifications by the Finance Division came after The News International reported that the Accountant General of Pakistan Revenue (AGPR) had been told by the finance ministry to "stop clearing all federal ministries and attached department's bills until further orders"
During the press conference held jointly by the finance ministry and the Reserve Bank of India on the G20 Presidency and the outcome of the G20 meeting, the finance minister said, "Indian Presidency got strong support for all our priorities. I am grateful to the US Secretary Janet Yellen