Search For "monet"
Monetary tightening measures by RBI stabilised G-sec yields, contributed t
Updated : 2 years, 2 months ago IST
Sitharaman stated, "RBI, the central bank of India had a remarkable chequered history. Once in a century, pandemic the Covid hit us. The RBI Adopted and infact deployed conventional and unconventional range of instruments to provide liquidity and to promote growth and to ensure financial
Read More
Pakistan PM orders ban on red carpets at official events
Updated : 2 years, 2 months ago IST
Expressing dissatisfaction with the practice of laying out red carpets during the visits of federal ministers and senior officials, the Prime Minister made his stance clear.
Read More
India's forex reserves rose by USD 20 bln cumulatively in 2024
Updated : 2 years, 2 months ago IST
Forex reserves, or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
Read More
India's foreign exchange reserves hit fresh all-time high
Updated : 2 years, 2 months ago IST
Forex reserves, or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
Read More
Foreign investors turn net buyers in Indian stock market for second month
Updated : 2 years, 2 months ago IST
Firm GDP growth forecasts, inflation at manageable levels, political stability at the central government level and signs that the central bank is done tightening its monetary policy have all contributed to painting a bright picture for the Indian economy.
Read More
RBI releases schedule for 2024-25 monetary policy meetings
Updated : 2 years, 2 months ago IST
The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.
Read More
Pakistan needs another IMF loan programme for stability, says PM Shehbaz S
Updated : 2 years, 2 months ago IST
The comments came after the IMF agreed to a staff-level agreement with Islamabad which, if approved by its board, would disburse the last tranche of USD 1.1 billion under an existing USD 3 billion standby arrangement.
Read More
S&P forecasts 75 basis points repo rate cut in India in 2024-25
Updated : 2 years, 2 months ago IST
S&P Global Ratings forecast rate cuts of up to 75 basis points (100 basis points is equal to 1 percentage point) in India by its central bank in the financial year 2024-25.
Read More
Pakistan: Curbing illicit tobacco trade a key condition for funding by IMF
Updated : 2 years, 2 months ago IST
Experts said Pakistan has a strategic window to meet International Monetary Fund (IMF) conditions, boost tax collection, and notably increase the tax-to-GDP ratio by curbing illicit trade in the tobacco sector, The Express Tribune reported.
Read More
Pak: International Monetary Fund proposes reviving 18 pc tax on petrol ami
Updated : 2 years, 2 months ago IST
The IMF has proposed increasing the levy on petrol by Pakistani currency (PKR) 60 and reinstating the 18 per cent GST previously abolished in March 2022.
Read More
Pakistan needs another IMF bailout, says PM Shehbaz Sharif amid economic w
Updated : 2 years, 2 months ago IST
Pakistan Prime Minister Shehbaz Sharif said on Thursday that the financially beleaguered nation needed another long-term bailout from the International Monetary Fund (IMF) to stabilise its fragile economy, ARY News reported.
Read More
Pakistan seeks 24th bailout package from IMF as country faces prolonged fi
Updated : 2 years, 2 months ago IST
The International Monetary Fund confirmed that Pakistan was seeking a 24th medium-term bailout package for a permanent push towards longstanding structural reforms, reported Dawn.
Read More