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Pakistan's default risk increases sharply amid uncertainty about talks wit
Updated : 3 years, 7 months ago IST
The credit-default swaps increased and reached 75.5 per cent on Wednesday from 56.2 per cent, Dawn cited data circulated by research firm Arif Habib limited.
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US Fed governor says "more comfortable" stepping down size of rate hike
Updated : 3 years, 7 months ago IST
Speaking at the 59th Annual Economic Forecast Luncheon, Phoenix, Arizona on Wednesday, Governor Waller said the data of the past few weeks have made him more comfortable considering stepping down to a 50-basis-point hike in the upcoming policy meet.
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Sensex ends at lifetime high, closes at 61,873
Updated : 3 years, 7 months ago IST
The indices surged on Tuesday taking cues from the rally of global stocks on hopes that the US Federal Reserve would ease its aggressive policy stance. The ease in domestic inflation also helped the market sentiments.
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"Sports Diet Scholarship" launch marks a new era for Sports
Updated : 3 years, 7 months ago IST
New Delhi [India], November 15 (ANI/PNN): In an event hosted at the State Banquet Hall in Itanagar, the much awaited first of its kind "8AM Sports Diet Scholarship" was recently launched and awarded to selected budding sporting champs from North East. The "8AM Sports Diet Scholarship" compri
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It's not monetary help, says US State Dept on support to Pakistan for F-16
Updated : 3 years, 7 months ago IST
Zed Tarar stressed that the fighter aircraft were three decades old and noted that its spare parts were part of the old agreement.
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Gautaam Borah's new book 'Nalanada - Until we meet again' launched by Rusk
Updated : 3 years, 7 months ago IST
New Delhi [India], November 15 (ANI/PNN): Gautaam Borah, a senior management professional and the author of the widely acclaimed book 'Monetising Innovation', launches his new book 'Nalanada - Until we meet again' on November 13, 2022.
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At G20 summit, five central banks ink MoU for cross-border payments; Read
Updated : 3 years, 7 months ago IST
A Memorandum of Understanding (MOU) on Cooperation in Regional Payment Connectivity was signed on Monday in Bali, Indonesia, on the sidelines of the G20 Leaders' Summit.
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Global economic growth outlook "gloomier", says IMF ahead of G20 summit
Updated : 3 years, 7 months ago IST
In a report titled 'G20 report on Strong, Sustainable, Balanced, and Inclusive Growth', IMF said continued fiscal and monetary tightening is likely needed in many countries to bring down inflation and address debt vulnerabilities and it expects further policy tightening in many G20 economies
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Huge loans that countries owe to China may actually never get repaid, says
Updated : 3 years, 7 months ago IST
Writing for the InsideOver publication, Federico Giuliani, said that three-fifths of the world's developing countries are now having considerable trouble repaying loans or have already fallen behind on their debts.
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Global economy on the verge of a downturn: Moody's Investors Service
Updated : 3 years, 7 months ago IST
Moody's Investors Service said in a report said global growth would slow in 2023 and remain sluggish in 2024. Still, a period of relative stability could emerge by 2024 if governments and central banks manage to navigate their economies through the current challenges.
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CDPQ-backed Maple Highways completes Rs 6,267 crore acquisition of India's
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], November 11 (ANI/PRNewswire): Maple Highways, a dedicated India road investment platform created by global investment group CDPQ, today announced it has completed the acquisition of the Eastern Peripheral Expressway (EPE) that encircles the National Capital Regi
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COP27: Act fast to finance net-zero transition, says Singapore central ban
Updated : 3 years, 7 months ago IST
Decarbonisation is a costly affair and it is imperative to act fast to finance the transition to net-zero emission goals.
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