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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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European Union unanimously approves USD 54 bn aid package for Ukraine desp
Updated : 2 years, 1 month ago IST
European Council President Charles Michel announced the breakthrough after a special summit of EU leaders in Brussels, stating, "We have a deal."
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US approves USD 3.99 bn foreign military sale of MQ-9B Remotely Piloted Ai
Updated : 2 years, 1 month ago IST
The proposed sale will improve India's capability to meet current and future threats by enabling unmanned surveillance and reconnaissance patrols in sea lanes of operation.
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US Court orders reversal of Elon Musk's USD 56 bn Tesla compensation packa
Updated : 2 years, 1 month ago IST
The USD 56 billion package, approved by shareholders and Tesla's board, granted Musk stock options based on the company meeting specific performance targets.
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US suspends USD 3,00,000 funding to UNRWA amid investigation into alleged
Updated : 2 years, 1 month ago IST
State Department spokesperson Matt Miller confirmed the pause in funding, originally scheduled for delivery in the coming weeks, while the investigations are ongoing.
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India aspires to become USD 7 trillion economy by 2030: Finance Ministry
Updated : 2 years, 1 month ago IST
In the next three years, India is expected to become the third-largest economy in the world with a GDP of USD 5 trillion
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China limits short-selling to counter stock-market rout, but experts doubt
Updated : 2 years, 1 month ago IST
The China Securities Regulatory Commission has limited short-selling aiming to stem a protracted USD 6 trillion-dollar stock market rout that began in 2021, however, the experts doubt that it will be able to bring any respite to the meltdown, CNN reported.
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India sends USD 1million relief assistance to Papua New Guinea
Updated : 2 years, 1 month ago IST
The relief consignment worth USD 1 million was airlifted to the capital of West New Britain, Kimbe, from the Papua New Guinea capital, Port Moresby, for distribution within the West New Britain province.
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Hong Kong court orders liquidation of indebted Chinese company Evergrande
Updated : 2 years, 1 month ago IST
Evergrande is a real estate developer with more than USD 300 billion in debt, sitting in the middle of the world's biggest housing crisis. There isn't much left in its sprawling empire that is worth much. And even those assets may be off-limits because property in China has become intertwine
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Adani Green completes funding of reserves for USD 750 million Holdco Bond
Updated : 2 years, 1 month ago IST
Adani Green Energy (AGEL) has completed the funding for the USD 750 million 4.375 notes due September 9, 2024 (Holdco Notes) with the receipt of the funds under the preferential allotment of Rs 9,350 crore to the promoters of the company.
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Ukraine claims to uncover USD 40 mn corruption in weapon procurement
Updated : 2 years, 1 month ago IST
According to the SBU, the embezzlement involved the purchase of 100,000 mortar rounds for Ukraine's Armed Forces in the fall of 2022.
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US approves sale of F-16 fighter jets to Turkey
Updated : 2 years, 1 month ago IST
The US Department of State notified Congress of the USD 23 billion agreement to sell the warplanes to NATO ally Turkey on Friday night, along with a companion USD 8.6 billion sale of advanced F-35 fighter jets to Greece, also an ally in the Western military bloc.
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