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Indian stocks largely steady as RBI monetary policy meeting commences
Updated : 3 years, 2 months ago IST
Indian stocks traded largely steady Monday morning as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting, the first in 2023-24, starting today.
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Pak Finance Ministry warns inflation to increase further
Updated : 3 years, 2 months ago IST
According to Pakistan's newspaper, the second-round effect of the policy decision had led to decisions like a rise in energy and fuel prices, the central bank's policy rate, and the rupee's depreciation to secure International Monetary Fund's funding.
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UAE participates in 2nd International Financial Architecture Working Group
Updated : 3 years, 2 months ago IST
G20 members invited countries, and international organisations attended the meeting. The UAE delegation included Ahmad bin Sulaiman, Director of the Federal Debt Management Office at the Ministry of Finance, and Khalifa Al Faheem, Senior Director of Monetary Operations and Monetary Managemen
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Pakistan waiting for China's decision on its request for rollover of loan
Updated : 3 years, 2 months ago IST
Such a rollover is critical for Pakistan, whose foreign exchange reserves have fallen to four weeks' worth of imports at a time when it is seeking a $1.1 billion IMF bailout tranche.
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Indian stocks rise Friday; investors eye RBI meet for fresh cues
Updated : 3 years, 2 months ago IST
"U.S. stock indexes finished sharply higher on Wednesday, helped by a rally in technology shares and easing concerns about stress in the banking sector. Appetite for risk was evident on Wednesday as investors were more relaxed about the health of the bank sector and the prospects for the
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China's premier Li resists new Cold War in warning to US
Updated : 3 years, 2 months ago IST
In a keynote address at the Boao Forum for Asia, Li insisted China "will always be a builder of world peace, a contributor to global development and a defender of international order" despite growing concerns over China's arms buildup and increased military pressure on Taiwan, which Beijing
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Pakistan's political turmoil delivers more twists as key provincial electi
Updated : 3 years, 2 months ago IST
The unrest came as Pakistan faces delays in accessing crucial assistance from the International Monetary Fund, further exacerbating the instability.
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Indian stocks marginally higher Wednesday morning
Updated : 3 years, 2 months ago IST
Indian stocks were marginally higher on Wednesday morning after closing largely steady during the previous session.
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Pakistan's economy spiralling out of control as friendly nations refuse t
Updated : 3 years, 2 months ago IST
Pakistan is in a fix as it has entered into a vicious cycle of borrowing loans to pay off the debts it had taken earlier, thus displaying the scenario that the country's economy will spiral out of control as even friendly countries refused to provide any more easy financial bailout or intere
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No talks with Imran Khan unless he apologises to public: Pak PM Shehbaz Sh
Updated : 3 years, 2 months ago IST
Talks between the central government and Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan will be possible only if the former prime minister admits his wrongdoing and apologises to the people for all the things he has done, Pakistan Prime Minister Shehbaz Sharif said, Geo News reported.
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China now bails out countries after pushing them into 'debt-trap'
Updated : 3 years, 2 months ago IST
American officials have accused China of engaging in "debt trap diplomacy" that is saddling countries with excessive debt for construction projects carried out by Chinese companies often using Chinese engineers, Chinese workers and Chinese equipment.
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RBI likely to pause interest rate hike in April policy meet: SBI Research
Updated : 3 years, 2 months ago IST
The Reserve Bank of India (RBI) is expected to pause their interest rate hike and the current 6.5 per cent repo rate could be the terminal rate for now, said SBI Research in its latest Ecowrap report.
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