Search For "monetary"
Pakistan's economy spiralling out of control as friendly nations refuse t
Updated : 2 years, 11 months ago IST
Pakistan is in a fix as it has entered into a vicious cycle of borrowing loans to pay off the debts it had taken earlier, thus displaying the scenario that the country's economy will spiral out of control as even friendly countries refused to provide any more easy financial bailout or intere
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No talks with Imran Khan unless he apologises to public: Pak PM Shehbaz Sh
Updated : 2 years, 11 months ago IST
Talks between the central government and Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan will be possible only if the former prime minister admits his wrongdoing and apologises to the people for all the things he has done, Pakistan Prime Minister Shehbaz Sharif said, Geo News reported.
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China now bails out countries after pushing them into 'debt-trap'
Updated : 2 years, 11 months ago IST
American officials have accused China of engaging in "debt trap diplomacy" that is saddling countries with excessive debt for construction projects carried out by Chinese companies often using Chinese engineers, Chinese workers and Chinese equipment.
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RBI likely to pause interest rate hike in April policy meet: SBI Research
Updated : 2 years, 11 months ago IST
The Reserve Bank of India (RBI) is expected to pause their interest rate hike and the current 6.5 per cent repo rate could be the terminal rate for now, said SBI Research in its latest Ecowrap report.
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Indian stocks start fresh week on a positive note
Updated : 2 years, 11 months ago IST
Indian stocks rose marginally and started fresh with positive momentum, after experiencing losses during most part of the previous session. Today's marginal rise can be partly attributed to value buying by investors.
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India, US, Japan secure USD 2.286 bn IMF bailout for Sri Lanka
Updated : 2 years, 11 months ago IST
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und
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Indian stock indices extend losses, fall marginally Friday
Updated : 2 years, 11 months ago IST
Largely, the fall is in line with weakness in the US markets, which are volatile as the US Federal Reserve further hiked interest rates to bring down inflation to its target even as volatility in the banking system continued due to the recent collapse of some banks.
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 2 years, 12 months ago IST
The SBP recently increased interest rates by 2 per cent, but the IMF is now forcing Islamabad to raise rates by 2 per cent again.
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Indian stocks close in red on continued US Fed's interest rate hike
Updated : 2 years, 12 months ago IST
Indian stocks settled lower on Thursday in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target even as volatility in the banking system continued due to r
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US Fed further hikes interest rate in fight against high inflation
Updated : 2 years, 12 months ago IST
The US monetary policy committee, seeking to achieve maximum employment and inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by 25 basis points to 4.75-5.0 per cent at its latest two-day review meet.
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Indian stocks decline on US central bank's continued interest rate hike
Updated : 2 years, 12 months ago IST
Indian stocks fell Thursday during the morning trade in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target-- even as volatility in the banking system
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Politicians' actions to protect their own political interests push Pakista
Updated : 2 years, 12 months ago IST
Amid the cash crunch, the coalition government led by Pakistan Muslim League-N and the opposition Pakistan Tehreek-e-Insaf have taken their fights to the streets, without giving much attention to inflation and even democracy.
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