Search For "reserves"
Pakistan's economic crisis going from bad to worse: Report
Updated : 3 years, 1 month ago IST
On January 6 the Forex reserves in the State Bank of Pakistan (SBP) touched the lowest mark of USD 4.343 billion just enough for two weeks. The recurring economic crises in Pakistan are primarily caused by a persistent fiscal deficit, which is a result of the government's tendency to overspe
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India's forex reserves rose over USD 10 bln to hit five-month high
Updated : 3 years, 1 month ago IST
India's foreign exchange reserves rose by USD whopping USD 10.417 billion to USD 572.0 billion in the week ending on January 13.
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Pakistan's virtual talks with IMF likely from next week
Updated : 3 years, 1 month ago IST
Amid a reeling economic crisis and falling foreign exchange reserves, virtual talks between Pakistan and International Monetary Fund (IMF) are likely to commence next week, Geo News reported.
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Pakistan economic woes may deepen if IMF programme not resumed: Report
Updated : 3 years, 1 month ago IST
IMF is delaying its 24th loan, and the Saudis and the UAE have warned Pakistan that they will no longer serve free lunch.
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Pakistan textile firm owners threaten protest over delay in clearance of i
Updated : 3 years, 1 month ago IST
The report quoted All Pakistan Textile Mills Association (APTMA) Chairman Hamid Zaman as saying that the textile industry will be forced to protest if the government doesn't clear the imported cotton
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Australian woman murder case: Delhi court reserves order on request for ex
Updated : 3 years, 1 month ago IST
Additional Chief Metropolitan Magistrate Swati Sharma is likely to pronounce the order on January 24 in the matter.
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There's evidence major central banks diversifying away from USD: Credit Su
Updated : 3 years, 1 month ago IST
At present, the US dollar represents slightly more than 60 per cent of global foreign exchange reserves at central banks, compared to more than 80 per cent in the early 1970s.
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Delhi vs Centre: SC reserves verdict on who will control services in natio
Updated : 3 years, 1 month ago IST
The Supreme Court on Wednesday reserved its verdict on the dispute between Delhi and the Central government on the contentious issue of who should control administrative services in Delhi over the transfers and postings of officers in the national capital.
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Khanjawala hit-and-drag: Delhi Court reserves order on bail plea of Ashuto
Updated : 3 years, 1 month ago IST
Opposing the bail plea, the Delhi Police argued that the case is a serious one and they were in the process of invoking section 302 (murder) of the IPC against the accused.
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Pakistan: Containers packed with essential items held up at Karachi port a
Updated : 3 years, 1 month ago IST
Banks are refusing to issue new letters of credit for importers due to a shortage of dollars. This has hit the economy which is already suffering due to soaring inflation in the country.
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"India is relevant to world ..... Pakistan should recalibrate it's India p
Updated : 3 years, 2 months ago IST
Notably, India last year took over the UK to become the fifth largest economy in the world and is aiming to be the third largest economy in the world by 2037, while Pakistan's economy is running on financial assistance from the global community.
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India's forex reserves dip by USD 1.3 bln in first week of 2023
Updated : 3 years, 2 months ago IST
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, declined by USD 1.747 billion to USD 496,441 billion.
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