Search For "monet"
India's foreign exchange reserves decline by USD 2.8 billion
Updated : 2 years, 4 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.
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All eyes fixed on fastest-growing India as it pips Hong Kong to become 4th
Updated : 2 years, 4 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 with their monetary policy tightening have painted a bright picture for the Indian stock market.
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Pakistan faced worst economic crises in 2023: Human Rights Watch
Updated : 2 years, 4 months ago IST
Human Rights Watch observed that the insistence of the International Monetary Fund (IMF) on austerity and the removal of subsidies without adequate compensatory measures resulted in additional hardship for low-income groups in Pakistan.
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Pakistan receives tranche of USD 700 mn from IMF amid economic crisis
Updated : 2 years, 5 months ago IST
The loan was approved after the IMF Executive Board completed its first review last week, bringing the total disbursements under the USD 3 billion Standby Arrangement (SBA) to about USD 1.9 billion.
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IMF's Gita Gopinath calls for good quality data for climate financing
Updated : 2 years, 5 months ago IST
First Deputy Managing Director at the International Monetary Fund (IMF), Gita Gopinath, called for a need for a solid information architecture for the banking sector when it comes to funding climate infrastructure projects.
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China "few more months" away from US in race for AI supremacy: US senator
Updated : 2 years, 5 months ago IST
The Biden administration's recent decision to tighten controls on the export of advanced AI chips to China is seen as a strategic move to maintain a competitive edge for "a few more months."
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Haryana CM chairs State Agricultural Marketing Board meeting; directs them
Updated : 2 years, 5 months ago IST
The Haryana government has initiated the process of monetizing the old or abandoned properties of the Haryana State Agricultural Marketing Board.
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Nearly 40 pc of global employment could be disrupted by Artificial Intelli
Updated : 2 years, 5 months ago IST
IMF chief Kristalina Georgieva raised concerns over the potential deepening of inequality and urged governments to take proactive measures in a Sunday blog post.
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India's wholesale inflation remains in positive territory; 0.73% in Decemb
Updated : 2 years, 5 months ago IST
Wholesale inflation in India, based on the Wholesale Price Index, remained in positive territory for the second month after remaining in the negative zone for the seventh straight month until October.
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RBI Deputy Governor Michael Patra's tenure extended by another year
Updated : 2 years, 5 months ago IST
The Appointments Committee of the Cabinet has approved the re-appointment of Deputy Governor (DG) of Reserve Bank of India (RBI), Michael Debabrata Patra, for a further period of one year effective January 15, or until further orders, whichever is earlier.
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RBI imposes monetary penalty on Dhanlaxmi Bank, ESAF Small Finance Bank, P
Updated : 2 years, 5 months ago IST
The Reserve Bank of India (RBI) has imposed monetary penalties, of varying degrees, against ESAF Small Finance Bank, Dhanlaxmi Bank, and Punjab and Sind Bank over various non-compliances.
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IMF approves USD 700 mn loan for Pakistan
Updated : 2 years, 5 months ago IST
Amid the crippling economic woes in Pakistan, the Executive Board of the International Monetary Fund (IMF) completed its first review of the country's economic reform programme and allowed the immediate disbursement of USD 700 million, ARY News reported on Thursday.
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