Search For "sbp"
SteinCares and Shilpa Biologicals Strike into Licensing Agreement to Expan
Updated : 2 weeks, 4 days ago IST
San Jose [Costa Rica]/ Raichur (Karnataka) [India], February 25: SteinCares, a leading specialty healthcare company in Latin America, and Shilpa Biologicals Pvt. Ltd. (SBPL), a fully integrated biopharmaceutical subsidiary of Shilpa Medicare Limited (BSE: 530549) (NSE: SHILPAMED), announce a
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Pakistan's current growth model cannot sustain 250 million population, say
Updated : 3 months, 2 weeks ago IST
The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, warned that the country's existing economic growth model is no longer viable for a nation of 250 million people, stressing that stabilisation policies cannot continue indefinitely and must give way to long-term, sustainable refo
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Pakistan's economic recovery on shaky ground as fiscal mismanagement and p
Updated : 4 months, 3 weeks ago IST
The central bank's assessment reveals that the modest recovery achieved through disciplined policies could easily unravel due to both domestic frailties and global shocks, as reported by The Express Tribune.
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Decades of fiscal mismanagement push Pakistan toward economic collapse
Updated : 4 months, 4 weeks ago IST
Pakistan's fragile economy faces deep-rooted structural challenges that threaten long-term stability, warned the State Bank of Pakistan (SBP) in its Annual Report on the State of the Economy 2024-25. The report highlights how persistent fiscal deficits, dwindling domestic savings, weak produ
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Adani Power receives LoI to develop and operate 2,400 MW greenfield therma
Updated : 7 months, 1 week ago IST
Adani Power has received a Letter of Intent (LoI) from Bihar State Power Generation Company (BSPGCL) to supply 2,274 MW power to North Bihar Power Distribution Company (NBPDCL) and South Bihar Power Distribution Company (SBPDCL) from a 2,400 MW thermal power project
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Bihar Strengthens Digital Transformation with Bidgely's AI-Driven Power So
Updated : 11 months, 1 week ago IST
Los Altos (California) [US]/ Patna (Bihar) [India], April 10: South Bihar Power Distribution Company Limited (SBPDCL) has signed an agreement with REC and Bidgely to implement artificial intelligence (AI) and machine learning-powered solutions aimed at enhancing consumer services, reducing l
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Schneider Electric Partners with South Bihar Power Distribution Company to
Updated : 1 year ago IST
New Delhi [India], March 12: Schneider Electric, the leader in the digital transformation of energy management and automation, has partnered with South Bihar Power Distribution Company Ltd. (SBPDCL) to modernize and enhance the state's power distribution network. This collaboration marks a s
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Pakistan's debt hits record high at PKR 67.816 Trillion: Report
Updated : 1 year, 8 months ago IST
The central bank data reveals a significant 15 per cent increase in the federal government's total debt over the past year, marking an addition of PKR 8,852 billion. In May 2023, the total debt stood at PKR 58,964 billion, escalating to PKR 66,086 billion by April 2024.
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State Bank of Pakistan receives USD 1.1 billion funding from IMF
Updated : 1 year, 10 months ago IST
The State Bank of Pakistan (SBP) has received around USD 1.1 billion from the International Monetary Fund (IMF), a day after the global lender approved the last tranche of Pakistan under the USD 3 billion Stand-By Arrangement (SBA).
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Pakistan government borrows record PKR 5.5 trillion from banks, PKR 650 bn
Updated : 1 year, 10 months ago IST
The State Bank of Pakistan (SBP) data showed that the government's borrowing from commercial banks reached a record PKR 5.5 trillion from July 1, 2023 to April 5, 2024. This is against PKR 2.95 billion in the same period last fiscal year.
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Pakistan rupee again loses value against US dollar, closes at 278.40 PKR
Updated : 1 year, 11 months ago IST
According to the State Bank of Pakistan (SBP), the American dollar appreciated by 11 paise against the local currency to PKR 278.40 from PKR 278.29 a day earlier.
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Pakistan's foreign reserves continue to decline due to loan repayment
Updated : 2 years, 1 month ago IST
The foreign exchange reserve continued its downward trend and recorded at USD 8.21 billion as of January 26 which is a USD 54 million drop compared to the previous week at USD 8.27 billion, said the State Bank of Pakistan (SBP) report.
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