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'Cash-strapped' Pakistan minister's fanciful claim: Khwaja Asif says country may not need IMF in six months. What's behind the bizarre statement?Despite facing economic hardships, Pakistan defence minister Khawaja Asif has claimed that the country may not need a bailout from Internat...
Bangladesh resolves Adani's power purchase pact, payment concernsBangladesh has cleared $437 million in dues to Adani Power, including carrying costs, reaffirming the Indian conglomerate's role as a relia...
Bangladesh slashes Adani Power dues with $384 million payment, $500 million still outstandingBangladesh significantly reduced its debt to Adani Power with a USD 384 million payment in June. This payment cleared admitted claims until...
Bangladesh to receive $1.3 billion under third and fourth reviews, IMF saysThe IMF has approved a $1.33 billion disbursement to Bangladesh following a review of its economic programs. This includes $884 million und...
India temporarily assigns Parameswaran Iyer to IMF board after abrupt termination of Krishnamurthy V SubramanianIndia has temporarily appointed Parameswaran Iyer as its nominee director on the IMF board, following the unexpected termination of Krishna...
World Bank ED Parameswaran Iyer to represent India at IMF boardParameswaran Iyer has been appointed as India's nominee director on the IMF board, replacing K V Subramanian, whose services were terminate...
Bangladesh promises over Rs 1,450 crore to Adani for continuous power supplyBangladesh's power board has issued a new letter of credit worth $173 million to Adani Power for continued electricity supply. This follows...
Pakistan 'ashamed': PM Shehbaz Sharif 's surprising admission on Bangladesh's economic riseShehbaz Sharif strategized with Karachi's business community, referencing Bangladesh's industrial progress. Discussions covered political s...
India assures IMF; Sri Lanka close to securing $2.9 billion bailoutMEA spokesperson Arindam Bagchi's statement at a media briefing in New Delhi on Thursday came on a day when foreign minister S Jaishankar l...
- China falls into its own debt trap as loans under Belt and Road Initiative pile up
Under the BRI, China dumped over USD 1 trillion as loans to nearly 150 developing and least developed countries at high rates of interest, ...
India-China relationship going through 'extremely difficult phase,' says EAM JaishankarResponding to a question, Jaishankar said that the Asian Century will happen when China and India come together but the Asian Century will ...
S Jaishankar to arrive in Lanka on Monday to hold bilateral talks; attend BIMSTEC summitAlthough Jaishankar's visit is primarily for the BIMSTEC engagements, the officials said that he would be taking part in all important bila...
Exports plunge by record 60.28%in April; trade deficit lowest in 4 yearsImports too tumbled by 58.65 per cent to USD 17.12 billion in April from USD 41.4 billion in the same month last year, according to the dat...
- Bangla announces $500 mn stimulus package to face recession
Bangladesh has announced a Taka 3,424 crore or USD 500 million stimulus package to cushion the country's economy from the blow of the globa...
- Textile sector faces life or death struggle amid downturn
Economic meltdown in the major export markets has led to a substantial fall in foreign orders and could be the final nail in the coffin for...