Search For "monetary"
Pakistan-IMF talks are underway, not concluded yet, says Finance Minister
Updated : 2 years, 9 months ago IST
Pakistan Finance Minister Ishaq Dar on Thursday said that Pakistan and International Monetary Fund (IMF) are underway and the talks have not failed nor the negotiation phase has concluded, reported ARY News.
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Time is running out for Pakistan to convince IMF to release loan
Updated : 2 years, 9 months ago IST
Time is running out for Pakistan to convince the International Monetary Fund to release USD 2.2 billion from its bailout programme before June 30.
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US Federal Reserve finally pauses interest rate
Updated : 2 years, 9 months ago IST
Barring the latest pause, the US central bank has hiked the interest rate for the tenth consecutive time which was necessitated in the fight against soaring inflation.
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Pakistan's new budget depends on concessions from China
Updated : 2 years, 9 months ago IST
The country remains mired in political and economic crises, amid punishing inflation that neared 38 per cent in May. On Monday, the central bank left its benchmark rate unchanged at a record-high 21 per cent, saying it thinks inflation has "peaked."
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Pakistan finance minister hints at 'Plan B' as IMF loan remains locked
Updated : 2 years, 9 months ago IST
While addressing the post-budget news conference, Dar ruled out any talks about restructuring external debt with multilateral agencies or Paris Club.
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Pakistan needs to pass programme-friendly budget to unlock funds: IMF
Updated : 2 years, 9 months ago IST
A general election is scheduled for November, which the government hopes will resolve the uncertainty caused by the protest movement led by the chairman of the Pakistan Tehreek-e-Insaf (PTI) since his ouster in a no-confidence vote last year.
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Indian stocks steady after RBI policy on expected lines
Updated : 2 years, 9 months ago IST
Indian stock indices traded near flatline Friday morning as market participants had already discounted the RBI's monetary policy announcements.
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India's economy is firing on all cylinders, leaving its rivals in dust
Updated : 2 years, 9 months ago IST
India is also making great efforts to accelerate infrastructure development. From airways to railways and roadways, a swift expansion and upgradation are set to enhance the macroeconomic dividends of the country.
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RBI's decision to keep repo rate unchanged on expected lines: SBI chief Kh
Updated : 2 years, 9 months ago IST
"The RBI decision to pause was largely on expected lines. The communication was nuanced and tailored to anchor market expectations for the future in terms of a durable glide path of inflation. The bouquet of policy changes on the development front covers a wide spectrum and prioritizes re
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IMF demands, poll politics pushes Pakistan in a tight spot
Updated : 2 years, 9 months ago IST
Pakistan which undergoing an economic crisis and political instability is in a tight spot to revive its stalled USD 6 billion loan programme.
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Repo rate kept unchanged, inflation projection lowered by RBI; experts hav
Updated : 2 years, 9 months ago IST
Unchanged repo rate as was expected, lowering of inflation projection, and retention of previously forecasted GDP numbers for 2023-24 were some of the key highlights from the three-day RBI monetary policy review meeting.
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Half of Rs 2,000 notes in circulation back in system: RBI Governor
Updated : 2 years, 9 months ago IST
On May 19, RBI decided to withdraw the Rs 2,000 denomination currency notes from circulation, but said it will continue to remain as legal tender. However, RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect.
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