Search For "reserves"
Economic Survey: India's foreign exchange reserves comfortable, external d
Updated : 3 years, 1 month ago IST
India's foreign exchange reserves stood at USD 532.7 billion as of September-end of 2022, covering 8.8 months of imports according to the Economic Survey tabled by Union Finance Minister Nirmala Sitharaman in Parliament today.
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Pakistan accepts IMF loan conditions, but would it be able to honour them?
Updated : 3 years, 1 month ago IST
The coming financial year may not bring hope for Pakistan as most economic sectors are on the decline. The country's imports are hit because of extremely low forex reserves. Pakistan has also agreed to meet all conditions of the International Monetary Fund (IMF) despite having a history of n
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SC reserves order on Rana Ayyub's plea against summons issued by Ghaziabad
Updated : 3 years, 1 month ago IST
The Supreme Court on Tuesday reserved its order on the plea of journalist Rana Ayyub challenging the summons issued to her by a special PMLA court in Ghaziabad in a money laundering case lodged against her by the Enforcement Directorate (ED).
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Air India pee gate: Court reserves order on Shankar Mishra bail plea, obse
Updated : 3 years, 1 month ago IST
During the arguments, the court noted that the witness, the investigation agency has named is not deposing in its favour.
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Pakistan need to fix responsibility for its depleting forex reserves: Repo
Updated : 3 years, 1 month ago IST
This quick depletion of the forex reserves was blamed on the PDM government's indecisiveness vis-a-vis revival of the IMF program which had been stalled since the last days of PTI's government.
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Pakistan: Political instability causing irreparable damage to economy
Updated : 3 years, 1 month ago IST
While, Pakistanis are deprived of their basic needs, unbearable economic challenges in the shape of inflation, unemployment and financial instability, all political parties have staked out the country's sovereignty.
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India's forex reserves hit about six-month high of USD 573.7 billion
Updated : 3 years, 1 month ago IST
India's foreign exchange reserves rose by whopping USD 1.727 billion to USD 573.727 billion in the week ending on January 20.
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Pakistan's nationwide electricity blackout serves as warning of dystopian
Updated : 3 years, 1 month ago IST
The power system in Pakistan has long been a source of frustration and difficulty for its citizens. The latest power outage, which left millions without electricity, is just the latest example of a chronic problem that has plagued the country for years.
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China eyeing nickel market of Indonesia
Updated : 3 years, 1 month ago IST
Mining nickel is a key ingredient in electric vehicle batteries.Southeast Asia's biggest economy, Indonesia is keen to leverage its world-leading reserves of the metal and develop a domestic EV industry, reported Nikkei Asia.
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Pakistan: SBP forex reserves reach USD 4.34 billion, Islamabad left with t
Updated : 3 years, 1 month ago IST
The foreign exchange held by the State Bank of Pakistan reached a low of USD 4.343 billion.
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China's domination of rare earth elements remains a threat
Updated : 3 years, 1 month ago IST
China has an estimated 44 million tonnes of rare earth reserves. Next in size are Vietnam, Brazil and India with half that amount, while the USA has only about 1.8 million tonnes. Its annual output is only a quarter of China's too, at 15.5 per cent of total 2021 production.
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Pak spent USD 1.2bn on import of cars in 6 months despite crisis: Report
Updated : 3 years, 1 month ago IST
The News International newspaper reported that Pakistan is facing an acute shortage of dollars and has less than USD 5 billion in its reserves with its State Bank. The report said this is hardly sufficient to finance three-week of its imports. Last year, the imports of these transportation v
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