Government approves senior bureaucrats' postings to IMF, ADBThe Centre has approved several key foreign postings for senior bureaucrats. Satyajit Mohanty will represent India at the International Civ...
IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial servicesThe International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...
UAE-India: More than just energyIndia's rapid economic growth positions it as a key partner for the UAE. The two nations are enhancing trade and industrial collaborations ...
Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FMIndia's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To a...
AI may hurt IT today, but it could create the sector's next growth engine: Baroda BNP Paribas MFAI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund ...
India's forex reserves rise by $6.1 billion to two-month high of $682.35 billion as of July 24India's foreign exchange reserves saw a significant rise of $6.1 billion. This increase brought the total reserves to $682.35 billion as of...
Plastic notes in India coming soon: Why govt wants polymer banknotes, which countries use them and how these currencies helpWhy is RBI introducing plastic notes?The government's approval for RBI polymer notes has renewed focus on why RBI plastic notes are needed....
Why India's Gen Z protest movement differs from Nepal, Bangladesh and Sri LankaIndia's Gen Z-led CJP movement differs from youth uprisings in Nepal, Bangladesh and Sri Lanka, where anti-establishment protests reshaped ...
India's forex reserves rise $1.08 billion to $676.237 billion in week ended July 17In a notable development, India's forex reserves have increased by over one billion dollars, driven primarily by a growth in foreign curren...
House panel bats for interim crypto self-regulation under RBI/SEBI oversight, stresses investor protection normsA parliamentary committee has proposed the establishment of a self-regulatory organization for cryptocurrencies, functioning under the supe...
Pakistan seeks $10 billion fund from US after mediating Iran talksPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserve...
S&P raises Pakistan's sovereign rating to 'B'S&P upgraded Pakistan's rating to 'B' from 'B-'. This upgrade reflects improved institutional stability and key IMF-backed reforms. Reforms...
Pakistan seeks $10 billion US stabilization facility to shore up reservesPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign excha...
AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF saysAs countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks ...
Oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth, says IMFIndia's economic growth faces significant risks from a widening Middle East conflict. Rising oil prices and a potentially weak monsoon pose...
IMF approves $690 million for Ukraine after reviewThe International Monetary Fund board approved $690 million for Ukraine's loan program. This funding brings total disbursements to about $2...
Death toll from Venezuela's twin earthquakes rises above 5,000 as IMF announces emergency fundsVenezuela's death toll from twin earthquakes now exceeds five thousand. The International Monetary Fund has provided emergency financial su...