Raipur (Chhattisgarh) [India], July 30 (ANI): The notion that democracy holds back economic development is wrong and India's future lies in strengthening its liberal democracy and institutions, former RBI Governor Raghuram Rajan said.
Raipur (Chhattisgarh) [India], July 30 (ANI): India has sufficient foreign exchange (forex) reserves, external debts are low and the country is not having the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
Islamabad [Pakistan], July 30 (ANI): Citing the country's weakening economic position, Moody's, then Fitch, and now S&P Global - three major global rating agencies have downgraded Pakistan's long-term rating from stable to negative, according to media reports.
Raipur (Chhattisgarh) [India], July 30 (ANI): The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
After a barren first half, goals from Himanshu Jangra (50th minute), a brace from Parthiv Gogoi (69th and 90+3rd minutes), and Gurkirat Singh (73rd minute) made the difference between the two teams
Colombo [Sri Lanka], July 30 (ANI): In Sri Lanka, which is battling a crushing economic crisis, is now facing another predicament with its women, most of them who have lost their jobs in the textile sector, now forced to become sex workers to earn a livelihood.
Colombo [Sri Lanka], July 30 (ANI): Sri Lanka's free ambulance service 1990 Suwa Seriya, which was provided to Sri Lanka under Indian grant assistance, turned six this year on Friday.
Colombo [Sri Lanka], July 29 (ANI): The Japanese government came forward to help Sri Lanka and handed over the first consignment of a total donation of USD 1.5 million of essential medicines through UNICEF to meet the urgent needs of the population.
New Delhi [India], July 29 (ANI): Newly-elected President Droupadi Murmu while extending felicitations to Sri Lankan President Ranil Wickremesinghe said that India has been committed to assist the people of Sri Lanka in overcoming the challenges posed by the economic crises.
Islamabad [Pakistan], July 29 (ANI): As Pakistan's economy slumps to a new low, ratings by S&P Global, an American credit rating agency, has cut Pakistan's credit outlook to negative and markets think that Pakistan might soon follow Sri Lanka into debt default and economic crisis, media