Search For "surplus"
Failure to publish the IMF report exposes Pakistan's governance gaps
Updated : 5 months, 3 weeks ago IST
Pakistan missed the IMF deadline to release its Governance and Corruption Diagnostic Report, delaying key judicial and governance reforms. While most fiscal targets were met, issues with SOEs, tax collection, and provincial cash surpluses remain. Despite shortcomings, the IMF programme is se
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Monsoon surplus continues in India with record 101% of normal rainfall
Updated : 7 months, 1 week ago IST
India's cumulative rainfall remains in surplus this monsoon season, standing at 101 per cent of the long-period average (LPA), a notch higher than last week's 100 per cent, according to a report by ICICI Bank Global Markets.
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RBI allows investment of surplus rupee balances in special vostro accounts
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to invest their surplus rupee balances in central government securities, including treasury bills
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"Big benefit": MP CM Mohan Yadav on Ken-Betwa river linking project
Updated : 7 months, 2 weeks ago IST
This project, the world's first river linking scheme, aims to harness the water resources of the Ken and Betwa rivers, providing much-needed irrigation support to the region's agricultural sector. The project involves transferring surplus water from one river basin to another, ensuring optim
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Rajasthan sees wettest July in 69 years with 285 mm rainfall
Updated : 7 months, 2 weeks ago IST
Rajasthan has experienced its wettest July in nearly seven decades, with cumulative rainfall of 285 mm recorded across the state, according to the Meteorological Centre in Jaipur. This marks a 77% surplus compared to the state's long-period average (LPA) of 161.4 mm for the month.
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25% tariff will slow India's exports, have ripple effect on manufacturing
Updated : 7 months, 2 weeks ago IST
"It is a sad day for Indian exports because India is doing exports worth over 100 billion dollars and our surplus is over $40 billion. It will slow down some of our exports and there will be a ripple effect on our manufacturing, particularly in carpet, pharmaceuticals and handicrafts sect
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Punjab CM moots idea of YSL canal instead of Satluj-Yamuna Link project fo
Updated : 8 months, 2 weeks ago IST
According to a release, CM Bhagwant Mann stated that Punjab has no surplus water to share with any other state and that a reassessment of water availability in the state is required in accordance with international norms. He stated that most of the state's blocks are overexploited, and the g
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Credit growth influenced by economic activity rather than surplus liquidit
Updated : 9 months ago IST
Credit growth in the economy is influenced more by overall economic activity than by the size of the liquidity surplus, according to a recent report by Standard Chartered, an international bank.
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India records $13.5 billion current account surplus in Q4-FY25
Updated : 9 months ago IST
India's current account recorded a surplus of USD 13.5 billion (or 1.3 per cent of GDP) in the January-March quarter of 2024-25 as compared with USD 4.6 billion (or 0.5 per cent of GDP) in the same quarter of 2023-24, RBI data showed Friday.
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Crude prices to ease amid de-escalation of geo-political issues, supply su
Updated : 9 months ago IST
Global crude oil prices are likely to see downside, weighed down by the de-escalation of the Israel-Iran conflict, soft demand and increasing supply, revealed a latest research report by ICICI Bank.
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Monsoon rainfall 4% above normal as of June 24, Kharif sowing progressing
Updated : 9 months ago IST
According to ICICI Bank research, this marginal surplus in rainfall is expected to benefit Kharif crop production in states that have received sufficient rainfall.
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India's current account balance turns surplus in 4QFY25, after three quart
Updated : 9 months ago IST
India Ratings and Research (Ind-Ra) expects the country's current account balance (CAB) to have registered a surplus of around USD7 billion (0.7 per cent of GDP) in the fourth quarter of recently concluded financial year 2024-25, higher than USD 4.6 billion (0.5 per cent of GDP) in the corre
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