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New Delhi: International Monetary Fund (IMF) pinned its hopes on India for global economic revival as it continues to remain a relative "bright spot" in the world economy, Asia Lite reported.A few days back, IMF released its much-awaited World Economic Outlook report ‘A Rocky Recovery’ which had predicted that India would grow 5.9 per cent this year."We realised that 2020-2021 has been actually a
Tehran: Iran’s Secretary of the Supreme National Security Council (SNSC) Ali Shamkhani has called for increased use of the rial and rupee in trade with India, Islamic Republic News Agency (IRNA) reported.In a meeting with National Security Advisor of India Ajit Doval in Tehran on Monday, Shamkhani said using national currencies in bilateral trade between Iran with India would help the two
Iran’s Secretary of the Supreme National Security Council (SNSC) Ali Shamkhani, in a meeting with Indian National Security Advisor Ajit Doval, has called for further use of the rial and rupee in bilateral trade transactions.
Treasurer Jim Chalmers expected to announce cautious budget as central bank fights high inflation.
About 40 domestic Cebu Pacific flights cancelled in Philippines after second power outage at main gateway this year.
Islamabad: The economic crisis of Pakistan worsened in recent months due to its close brush with shortages of foreign exchange as well as essential goods including food and medicine that pushed average inflation to about 40 per cent. People were seen queuing up for subsidized wheat flour and often turned riotous. No doubt, the economic situation in the country is turning graver while the
Exports decline for seventh straight month in April amid extended slump in sales to China.
Increase of 6.25 percent after four-year freeze draws criticism from social welfare groups.
SYDNEY (Reuters) — Currencies were in limbo on Monday as holidays in most of Asia made for thin trading, while traders braced for a packed week of central bank meetings that would offer the latest guidance on future rate hikes across continents. Activ…
The ongoing economic crisis in Pakistan is the result of political chaos of last year that saw the removal of the government by a vote of no confidence in 2022 by Pakistan’s parliament, and the resulting disturbance in the nation made a political drama. The country fell into an economic crisis with severe inflation that has been predicted to stay at 33% during the first half of 2023, and the