Search For "monetary"
Growth in Asia-Pacific expected to slow in 2024: IMF
Updated : 1 year, 10 months ago IST
Economic growth in the Asia Pacific region is better than previously projected but is expected to slow from 5 per cent in 2023 to 4.5 per cent in 2024, according to IMF's Regional Economic Outlook for Asia and Pacific.
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Pakistan struggles with soaring inflation and widening wage disparities
Updated : 1 year, 10 months ago IST
The government's decision to devalue the currency by over 50 per cent within a year and eliminate subsidies as part of the latest instalment of the International Monetary Fund bailout package has exacerbated the nation's cost-of-living crisis.
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IMF approves final USD 1.1 bn tranche for Pakistan's bailout package
Updated : 1 year, 10 months ago IST
This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave off a sovereign default, particularly as the existing arrangement is set to expire this month.
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Market bounces back, Sensex jumps over 900 points
Updated : 1 year, 10 months ago IST
This week will be dominated by the corporate earnings releases and the highly anticipated Federal Open Market Committee (FOMC) meeting scheduled for April 30 to May 1.
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Pak PM Shehbaz Sharif discusses new bailout package with IMF chief in Riya
Updated : 1 year, 10 months ago IST
As the country continues to battle a crippling economy, Pakistan Prime Minister Shehbaz Sharif discussed the new bailout package with the International Monetary Fund (IMF) chief Georgieva on the sidelines of the World Economic Forum Special Meeting in Riyadh, Geo News reported.
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MetaComp Announces Strategic Partnership with Harvest Global Investments t
Updated : 1 year, 10 months ago IST
Singapore, April 29: MetaComp Pte Ltd, a leading Monetary Authority of Singapore (MAS) licensed Singapore fintech company that specializes in blockchain technology and digital assets, and its affiliates (collectively referred as MetaComp), is proud to announce a strategic partnership with Ha
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Former Pakistan PM Shahid Khaqan Abbasi says govt's decision to seek bailo
Updated : 1 year, 10 months ago IST
He said that people often ask about relief in the annual budget. However, governments starts borrowing for everything.
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Foreign portfolio investors sold over Rs 6,000 crore Indian stocks in Apri
Updated : 1 year, 10 months ago IST
Foreign portfolio investors (FPIs) have turned net sellers in Indian stocks lately, after the ongoing geopolitical crisis in the Middle East, which has likely pushed investors to take money off their portfolios.
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"Within 6 years, India achieved 80 pc financial inclusion rate, feat that
Updated : 1 year, 10 months ago IST
"Within six years, India has achieved an 80 per cent financial inclusion rate, a feat that would have taken decades without such digital infrastructure," said Permanent Representative to the United Nations, Ruchira Kamboj.
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Meet Yaksha and Yakshi doorkeepers of RBI
Updated : 1 year, 10 months ago IST
Inspired by ancient Indian religious texts, the famous Indian sculptor Ram Kinkar Baij crafted these sculptures to represent the sibling demi-gods who serve Kubera, the deity of wealth. According to mythology, Yaksha and Yakshi are entrusted with the sacred duty of safeguarding the treasures
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Strong domestic demand supporting India's growth: Morgan Stanley
Updated : 1 year, 10 months ago IST
Morgan Stanley is firm on India's growth outlook given the support it is getting from the domestic demand. Citing high-frequency data, the global investment banking firm said it remains constructive on the growth outlook.
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Finance Minister Aurangzeb expects Pakistan International Airlines privati
Updated : 1 year, 10 months ago IST
Finance Minister Muhammad Aurangzeb said on Sunday that the privatization of Pakistan International Airlines (PIA) is expected by the end of June or early July, with Islamabad airport potentially following suit shortly after, Dawn reported.
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