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Indian stocks start fresh week on a positive note
Updated : 3 years, 2 months ago IST
Indian stocks rose marginally and started fresh with positive momentum, after experiencing losses during most part of the previous session. Today's marginal rise can be partly attributed to value buying by investors.
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India, US, Japan secure USD 2.286 bn IMF bailout for Sri Lanka
Updated : 3 years, 2 months ago IST
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und
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Indian stock indices extend losses, fall marginally Friday
Updated : 3 years, 2 months ago IST
Largely, the fall is in line with weakness in the US markets, which are volatile as the US Federal Reserve further hiked interest rates to bring down inflation to its target even as volatility in the banking system continued due to the recent collapse of some banks.
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 3 years, 2 months ago IST
The SBP recently increased interest rates by 2 per cent, but the IMF is now forcing Islamabad to raise rates by 2 per cent again.
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Indian stocks close in red on continued US Fed's interest rate hike
Updated : 3 years, 2 months ago IST
Indian stocks settled lower on Thursday in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target even as volatility in the banking system continued due to r
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US Fed further hikes interest rate in fight against high inflation
Updated : 3 years, 2 months ago IST
The US monetary policy committee, seeking to achieve maximum employment and inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by 25 basis points to 4.75-5.0 per cent at its latest two-day review meet.
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Indian stocks decline on US central bank's continued interest rate hike
Updated : 3 years, 2 months ago IST
Indian stocks fell Thursday during the morning trade in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target-- even as volatility in the banking system
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Politicians' actions to protect their own political interests push Pakista
Updated : 3 years, 2 months ago IST
Amid the cash crunch, the coalition government led by Pakistan Muslim League-N and the opposition Pakistan Tehreek-e-Insaf have taken their fights to the streets, without giving much attention to inflation and even democracy.
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IMF's 'Pakistan' dilemma in lending: Report
Updated : 3 years, 2 months ago IST
Pakistan has implemented a series of policy measures, including higher taxes, higher energy prices, and raising interest rates to their highest level in 25 years in order to unlock funding from the IMF's stalled USD 6.5 billion lending programme
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Political, financial, humanitarian crises put Pakistan on brink
Updated : 3 years, 2 months ago IST
The political drama over the arrest of former prime minister Imran Khan has given a clear idea about the priority of Pakistan's policymakers when the country is struggling with economic downfall. It appears Pakistan gets stuck in a severe political crisis as the country approaches the nation
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Indian stocks in green with focus on US monetary policy outcome
Updated : 3 years, 2 months ago IST
Sensex and Nifty settled 0.7-0.8 per cent higher than the previous session, with most of the Nifty sectoral indices rising.
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Of Sri Lanka's total USD 3-bln IMF package, USD 330-mln to be immediately
Updated : 3 years, 2 months ago IST
Sri Lanka has been facing a severe economic crisis as a result of past policy missteps and economic shocks.
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