The selling spree continues in Indian stock markets for the third straight session after the US central bank while keeping its interest rate steady in the September meeting, hinted that it may again hike rates going ahead if need be, in its fight against inflation.
The US Federal Reserve in its September policy meeting left the key interest rate unchanged at 5.25-5.50 per cent but cautioned it may go for additional tightening of monetary policy if need be.
Pakistan's Foreign Ministry dismissed a report claiming that the country sold its weapons to Ukraine to secure an emergency bailout package from the International Monetary Fund (IMF).
Amid a severe financial crisis plaguing Pakistan on multiple fronts, frustration among the population has reached its peak as the government has decided to privatize the country's national carrier, Pakistan International Airlines (PIA).
A Secret Pakistani arms sales to the US helped facilitate a controversial bailout from the International Monetary Fund (IMF) earlier this year, as per two sources aware of the arrangement, with confirmation from internal Pakistani and American government documents, The Intercept reported.
The fiscal year 2023–24 will mark the first time when practically every month of the current fiscal year, federal revenue receipts will be less than what is needed to pay for servicing domestic and international debt. Since the fiscal position will only become worse, there will be more serio
Kristalina Georgieva, the Managing Director and Chairman of the International Monetary Fund (IMF) arrived in the national capital on Thursday to attend the G20 Summit to be held on September 9-10.
Crypto common framework may emerge as one of the major achievements of India's presidency of G20, which has been agreed by the participating nation, according to official sources.