Search For "monetary"
Sri Lanka likely to miss IMF deadline: Report
Updated : 3 years, 3 months ago IST
The Sri Lankan newspaper said if the country missed the December IMF deadline, it would have to wait for March 2023 to secure a USD 2.9 billion loan from the IMF in eight equal tranches.
Read More
Pakistan's total debt surges to Rs 12 trillion in first quarter
Updated : 3 years, 4 months ago IST
In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillion which is more than the same period of last fiscal year, accounting for Rs 50.49 trillion.
Read More
Pakistan's default risk increases sharply amid uncertainty about talks wit
Updated : 3 years, 4 months ago IST
The credit-default swaps increased and reached 75.5 per cent on Wednesday from 56.2 per cent, Dawn cited data circulated by research firm Arif Habib limited.
Read More
US Fed governor says "more comfortable" stepping down size of rate hike
Updated : 3 years, 4 months ago IST
Speaking at the 59th Annual Economic Forecast Luncheon, Phoenix, Arizona on Wednesday, Governor Waller said the data of the past few weeks have made him more comfortable considering stepping down to a 50-basis-point hike in the upcoming policy meet.
Read More
Sensex ends at lifetime high, closes at 61,873
Updated : 3 years, 4 months ago IST
The indices surged on Tuesday taking cues from the rally of global stocks on hopes that the US Federal Reserve would ease its aggressive policy stance. The ease in domestic inflation also helped the market sentiments.
Read More
"Sports Diet Scholarship" launch marks a new era for Sports
Updated : 3 years, 4 months ago IST
New Delhi [India], November 15 (ANI/PNN): In an event hosted at the State Banquet Hall in Itanagar, the much awaited first of its kind "8AM Sports Diet Scholarship" was recently launched and awarded to selected budding sporting champs from North East. The "8AM Sports Diet Scholarship" compri
Read More
It's not monetary help, says US State Dept on support to Pakistan for F-16
Updated : 3 years, 4 months ago IST
Zed Tarar stressed that the fighter aircraft were three decades old and noted that its spare parts were part of the old agreement.
Read More
At G20 summit, five central banks ink MoU for cross-border payments; Read
Updated : 3 years, 4 months ago IST
A Memorandum of Understanding (MOU) on Cooperation in Regional Payment Connectivity was signed on Monday in Bali, Indonesia, on the sidelines of the G20 Leaders' Summit.
Read More
Global economic growth outlook "gloomier", says IMF ahead of G20 summit
Updated : 3 years, 4 months ago IST
In a report titled 'G20 report on Strong, Sustainable, Balanced, and Inclusive Growth', IMF said continued fiscal and monetary tightening is likely needed in many countries to bring down inflation and address debt vulnerabilities and it expects further policy tightening in many G20 economies
Read More
Huge loans that countries owe to China may actually never get repaid, says
Updated : 3 years, 4 months ago IST
Writing for the InsideOver publication, Federico Giuliani, said that three-fifths of the world's developing countries are now having considerable trouble repaying loans or have already fallen behind on their debts.
Read More
Global economy on the verge of a downturn: Moody's Investors Service
Updated : 3 years, 4 months ago IST
Moody's Investors Service said in a report said global growth would slow in 2023 and remain sluggish in 2024. Still, a period of relative stability could emerge by 2024 if governments and central banks manage to navigate their economies through the current challenges.
Read More
COP27: Act fast to finance net-zero transition, says Singapore central ban
Updated : 3 years, 4 months ago IST
Decarbonisation is a costly affair and it is imperative to act fast to finance the transition to net-zero emission goals.
Read More