At present, the US dollar represents slightly more than 60 per cent of global foreign exchange reserves at central banks, compared to more than 80 per cent in the early 1970s.
The Chinese Embassy in Sri Lanka slammed the US recently after an American diplomat called China a 'spoiler' to Sri Lanka's negotiations with the International Monetary Fund (IMF) in a recent interview.
Bedford (Massachusetts) [US], January 18 (ANI/PRNewswire): Volt Active Data, the only no-compromise data platform built to support applications that require speed, scale, and consistency, today announced the launch of Active Streaming Decisions [Active(SD)]™, an ultra high-speed decisi
New Delhi [India], January 17 (ANI/Mediawire): Bestowed with individuals holding nearly 25,000 tons of yellow metal, India has a tall opportunity to spin the wheel of the economy. With individuals alone holding 25,000 tons of yellow metal worth USD 1.5 trillion, India has a tall opportunity
Though 2023 started on a weak note for stock investors, the outlook is expected to be bright globally as the year proceeds, fueled partly by the reopening of the Chinese economy after the Covid-induced lockdown.
Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
Last week, BCCI had released a tender inviting bids to own, operate the five WIPL franchises, which will finally start from March 3 to Match 26. The financial bids of these franchises, currently sealed in envelopes will be opened on that day. BCCI has however pointed out in its tender docume
The PIB's Fact Check Unit pointed to six channels on YouTube -- Nation TV, Samvaad TV, Sarokar Bharat, Nation 24, Swarnim Bharat and Samvaad Samachar -- - which were using fake, clickbait and sensational thumbnails and images of television news anchors to mislead viewers into believing that
Owing to the land subsidence in the Joshimath area of Uttarakhand's Chamoli, the state government on Wednesday announced various interim relief measures for the affected families.
The fresh drop came after the government failed to make any headway in its talks with the International Monetary Fund (IMF) for the revival of its stalled USD 6.5 billion loan programme.
Indian stock indices have extended losses for the second straight session, largely due to continued selling by foreign investors on concerns over higher stock valuations.