Search For "financial crisis"
'Shameful for nuclear power to beg': Pak PM amid worsening financial cris
Updated : 3 years, 1 month ago IST
Pakistan Prime Minister Shehbaz Sharif has said it is a matter of shame that a country, which is a nuclear power, has to beg amid its faltering economy, reported The News International.
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Pakistan Railways running trains with 3-day oil inventory
Updated : 3 years, 2 months ago IST
Due to underutilization of the rolling stock, locomotive and infrastructure, the PR has miserably failed to generate and increase revenue to overcome the financial crunch and it seeks financial help from the federal government in a bid to meet its increasing expenses.
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After a turbulent year for cryptocurrency, 2023 may see movement towards r
Updated : 3 years, 2 months ago IST
Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said earlier this month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "next financial crisis" will come from private cryptocurrencies.
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Private cryptocurrencies have no underlying, it is speculative activity wh
Updated : 3 years, 2 months ago IST
The government believes any legislation for regulation or for banning can be effective only with significant international collaboration on evaluating the risks and benefits and evolution of common taxonomy and standards.
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Tata Motors posts 30pc growth in revenue during Sept qtr
Updated : 3 years, 4 months ago IST
The company said Tata Motors' commercial vehicle business registered a 15 per cent growth in sales over Q2 FY22. For India business, domestic wholesales were at 93,651 vehicles, a surge of 19 per cent year-on-year. However, exports were at 6,771 vehicles, lower by 22 per cent affected by fin
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Pakistan: Amid financial crisis, Punjab govt approves PKR 1.33 billion for
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 28 (ANI): Pakistan's Punjab province approved PKR (Pakistani Rupees) 1.33 billion to purchase 133 VIP protocol and luxury vehicles for their government functionaries and officers when the country is facing a flood, food crisis, unemployment, poverty and inflat
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Concerns over recession grow in South Korea due to inverted yield curve
Updated : 3 years, 5 months ago IST
Seoul [South Korea], September 22 (ANI/Global Economic): Short-term interest rates have recently risen above long-term interest rates for the first time since the 2008 financial crisis.
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Monks, priests, nuns protest in Sri Lanka over rising electricity prices
Updated : 3 years, 5 months ago IST
Colombo [Sri Lanka], September 21 (ANI): A group of monks, priests and nuns has protested in Colombo against the increased electricity tariff amid the financial crisis that has gripped the island nation.
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IMF to work with international community to support flood-ravaged Pakistan
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 18 (ANI): The International Monetary Fund (IMF) on Sunday said that it will work with the international community to support flood relief and reconstruction efforts in Pakistan following the devastating floods.
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Sri Lanka's economy shrinks 8.4 pc in second quarter amid financial crisis
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 15 (ANI): Sri Lanka's economy contracted 8.4 per cent in the April to June quarter compared with the same period a year ago, according to data from the government statistics department on Thursday, amid concerns over the country's ongoing financial situation.
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Online shopping services shut down in Afghanistan due to economic crunch
Updated : 3 years, 6 months ago IST
Kabul [Afghanistan], September 12 (ANI): Almost all major online shopping services in Afghanistan have shut down, with the two major online shopping services recently announcing to shut down their services due to the financial crisis in the country.
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Niva Bupa conducted an insightful LiveWell webinar on Senior Citizens Day
Updated : 3 years, 6 months ago IST
New Delhi [India], September 1 (ANI/BusinessWire India): Niva Bupa Health Insurance Company Limited (Formerly known as Max Bupa Health Insurance Company Lim) conducted a LiveWell webinar on Senior Citizen's Day, highlighting the various health-related challenges faced by senior citizens in c
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