TerraPay receives In-Principle approval for an MPI License

Singapore, August 8: TerraPay, a leading global payments infrastructure company, has secured an In-Principle...

More rate hike likely be needed to lower inflation: Fed's Bowman

US Federal Reserve Governor Michelle W Bowman has said an additional interest rate increase will likely be needed to...

Pakistan govt imposed PKR 215 billion additional taxes in budget

The Pakistan government had to impose additional taxes of 215 billion Pakistani Rupees (PKR) and slash expenditures...

INR as designated currency does not make it a legal tender: CBSL

The Central Bank of Sri Lanka (CBSL) has clarified certain misrepresentations of facts currently circulating in...

VOISE announces mainstream arrival of Monetization

New Delhi [India], August 1: Leading Indian Mar-tech player VOISE is launching mainstream initiatives to help...

'Threats to Pak’s financial sustainability despite IMF deal'

Pakistan last week signed a USD 3 billion loan programme with the IMF, following the revival of the USD 7 billion...

"IMF’s India growth projection will continue to grow further"

While lauding the International Monetary Fund’s (IMF’s) economic prediction for India from this year,...

Necessary Measures for India's Economic Competition with China

New Delhi [India], July 27: In a parallel reminiscent of China's economic rise in 2007, the Indian economy has...

UAE: Central Bank raises base rate by 25 basis points

The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility...

US Federal Reserves raises interest rate by quarter points

The United States Federal Reserves, on Wednesday (local time) raised its benchmark interest rate by 25 basis...

IMF raises its economic forecast for India

According to the IMF, India will contribute to around one-sixth of overall world growth this year

Indian stock upbeat, indices gain 0.5 per cent

Indian Stock Market remain unchanged at the end of the Wednesday. As the market closed, the Nifty and sensex was 0.5...