According to the World Bank, the surge, attributed to the largest global interest rate increase in four decades, diverted vital resources from crucial sectors like health, education, and the environment.
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40 per cent.
The Federal Reserve on Wednesday held the interest rates steady at a 22-year high for the third straight meeting, while the central bankers have predicted three possible rate cuts next year, The Hill reported on Wednesday.
Mumbai (Maharashtra) [India], December 13: India Ratings and Research (Ind-Ra) has affirmed IDFC First Bank's debt instruments ratings at 'IND AA+' with stable outlook, the private sector lender said on Tuesday.
It reported that Russia entered the war with 360,000 troops, including contract and conscript personnel, of which the country lost 315,000 on the battlefield. 2,200 tanks out of 3500 have been lost and 4,400 of the 13,600 infantry fighting vehicles and armoured personnel carriers have als
The International Cricket Council (ICC) on Tuesday rated the Mirpur pitch, on which the second Test of the ICC World Test Championship series between Bangladesh and New Zealand was played, as "unsatisfactory".
President Droupadi Murmu, on Monday reflected upon the 'community feeling' of Uttar Pradesh, highlighting the use of the expression 'hum ' (we) instead of 'I' that the people use in the state during their conversations.
Former Chief Minister Shivraj Singh Chouhan on Tuesday said that he would rather die than go and ask something for himself adding that Madhya Pradesh will achieve new heights under the CM-designate of the state Mohan Yadav.
Fitch Ratings has increased its ammonia price assumption for 2023, taking into account elevated YTD prices. The 2024-2025 assumptions consider higher gas prices, growing demand, particularly in 2024, and a dearth of capacity additions in 2025.