Search For "monetary"
RBI set to hike policy rates for the third time in a row to tame inflation
Updated : 3 years, 7 months ago IST
New Delhi [India], August 4 (ANI): The Reserve Bank of India is likely to hike the policy repo rate by 25 to 50 basis points on Friday, the third hike since the beginning of the current financial year, in order to tame the inflationary pressure.
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RBI's monetary policy review underway; here's what analysts see as possibl
Updated : 3 years, 7 months ago IST
New Delhi [India], August 4 (ANI): The three-day Reserve Bank of India's monetary policy committee meeting commenced on Wednesday and it is highly likely the six-member panel will go for another interest rate hike to curb rising domestic inflation.
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Assurance from friendly countries needed for IMF-Pakistan loan deal
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 3 (ANI): Amid dwindling foreign reserves, the International Monetary Fund (IMF) on Tuesday announced the approval of USD 1.2 billion in loans on the condition that Pakistan should timely secure adequate assurances from friendly countries in order to tackle the wi
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Indian stocks decline marginally after 5 straight day of gains
Updated : 3 years, 7 months ago IST
New Delhi [India], August 3 (ANI): Snapping five straight days of gains, Indian stock indices declined marginally this morning ahead of the Reserve Bank of India's monetary policy meeting.
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Russian central bank predicts return of Russian Economy to growth in mid-2
Updated : 3 years, 7 months ago IST
Moscow [Russia], August 1 (ANI/Sputnik): The Russian economy will shrink year-on-year until mid-2023, and from the middle of next year and in 2024 it will grow at a recovery pace, according to the central bank's report on monetary policy.
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Pak Army chief Bajwa approaches US to secure IMF loan amid dwindling forei
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 1 (ANI): Amid the worsening crisis due to shrinking foreign reserves, Pakistan army chief General Qamar Javed Bajwa has approached the US for help in securing an early disbursement of funds from the International Monetary Fund (IMF) to prevent the south Asian cou
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PKR 30 bn taxes to be imposed to save Pakistan State Oil from default: Rep
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 1 (ANI): Pakistan has decided to impose additional taxes totalling Pakistan Rs (PKR) 30 billion as it struggles to arrange PRK 100bn in emergency funds to prevent an international default on oil and gas payments and sustain its staff-level agreement with the Inte
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Further interest rate hike by RBI may dent real estate demand
Updated : 3 years, 7 months ago IST
New Delhi (India) July 31 (ANI): The Reserve Bank of India's upcoming monetary policy committee announcement and guidance is expected to be a decisive event for the interest rate-sensitive Indian real estate sector.
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Wickremesinghe urges parties to find ways to repay loans as unrest delayed
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 31 (ANI): Sri Lanka's President Ranil Wickremesinghe on Sunday said that the unrest had delayed a possible deal with the International Monetary Fund to help pull the bankrupt nation out of its economic crisis and urged political parties must work together on find
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Not the job of army chief to deal with economic matters: Imran Khan after
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 30 (ANI): Former prime minister and Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan on Friday said that Pakistan is getting weaker after the country's Chief of Army Staff General Qamar Javed Bajwa sought help from the US to secure an early loan dispersal from th
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Pakistan: Bajwa urges US to help Pakistan secure IMF loan tranche
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): Pakistan's army chief General Qamar Javed Bajwa has sought help from the US to secure an early loan dispersal from the International Monetary Fund at a time when the country is battling with dwindling foreign reserves, media reports said.
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Pakistan likely to increase fuel prices
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 28 (ANI): Fuel prices in Pakistan are expected to rise before August as the country is required to meet conditions imposed by the International Monetary Fund, local media reported citing sources.
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