Search For "monetary"
Pakistan will not come out of political crisis until army distances itself
Updated : 1 year, 8 months ago IST
Speaking about the prevailing political crisis in Pakistan, Rehman said, "The army will have to distance itself from politics in order to resolve the political crisis."
Read More
Crude prices to average at USD 83-88 in FY25, may increase govt fiscal bur
Updated : 1 year, 8 months ago IST
The average crude oil prices are expected to surge in the fiscal year 2025 as compared to the previous year, highlights a report by Crisil.
Read More
Islamabad caught in China-Pakistan Economic Corridor debt trap, Beijing ha
Updated : 1 year, 8 months ago IST
The faltering economy of the country and the monetary policies designed by Pakistan, currently render the nation incapable of paying back loans and Independent Power Producers (IPPs) projects launched under the China-Pakistan Economic Corridor (CPEC).
Read More
Jordan's GDP grew 2 pc during Q1 2024
Updated : 1 year, 8 months ago IST
Jordan's economic performance during the first half of this year combined improvement in some key economic indicators and the continued economic challenges that require strategic solutions to achieve sustainable growth.
Read More
RBI penalizes five banks, including PNB, for regulatory non-compliance in
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions.
Read More
US Fed hopeful of achieving 2 per cent inflation target soon
Updated : 1 year, 8 months ago IST
The U.S. Fed in its latest meeting noted a lack of significant progress towards reaching the 2 per cent inflation target, although it added that there had been modest improvements in recent months, highlighted the Fed policy minutes released on Wednesday.
Read More
Pak budget 2024-25: Looking 'pretty and stylish' gets costlier for women
Updated : 1 year, 8 months ago IST
Pakistan has introduced significant adjustments to the duty structure on imported beauty and make-up products, aiming to bolster revenue and regulate imports, however, it will burn a hole in Pak women's pockets for makeup, hair styling products, makeup remover, nail polish and remover, pe
Read More
Pak Govt increases gas rates for industry by 9 pc to meet IMF demand
Updated : 1 year, 8 months ago IST
This decision was ratified on Sunday during a special session of the Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, as part of measures to fulfill obligations under a three-year IMF loan program.
Read More
India to create a cross-border retail payment platform with four ASEAN cou
Updated : 1 year, 8 months ago IST
As per a statement from the Reserve Bank of India (RBI), an agreement was signed by the BIS and the central banks of the founding countries -- Bank Negara Malaysia (BNM), Bank of Thailand (BOT), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and the RBI on Sunday (
Read More
Pak: Finance minister expresses confidence in securing extended IMF loan p
Updated : 1 year, 8 months ago IST
Pakistan Finance Minister Muhammad Aurangzeb expressed confidence that the country would secure an extended loan programme with the International Monetary Fund (IMF), adding that it could contribute to macroeconomic stability, reported Dawn.
Read More
Pakistan passes tax-heavy budget; experts condemn reforms amid crisis
Updated : 1 year, 8 months ago IST
Pakistan's parliament on Friday passed a tax-heavy finance bill for the upcoming fiscal year amid ongoing negotiations for a new International Monetary Fund (IMF) bailout.
Read More
India benchmark equity closes in red, stocks of Bank Nifty dip 469 points
Updated : 1 year, 8 months ago IST
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that remained in red territary were Financial Services, Media and Private stocks were seen trading in red.
Read More