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COLOMBIA FISCAL CRISIS
Colombia seeks IMF financing as government grapples with fiscal crisis: ReportColombia's government is engaging with the International Monetary Fund to secure financial assistance amid ongoing fiscal challenges. Presi...- Oil surge elicits tough love from Trump’s Latin American alliesLatin American governments aligned with Donald Trump are facing public backlash as oil price surges, triggered by the US war on Iran, force...
- US Stock Market | 5 world market themes for the week aheadGlobal financial markets face a volatile week as the U.S.-Iran conflict drives oil and gas prices sharply higher, potentially overshadowing...
- Global finances in peril? Debt levels hit insane highs as Japan, US, China, EMU lean on leverageGlobal debt is exploding. Major economies are facing a severe debt crisis, with debt-to-GDP ratios at unprecedented levels. Japan leads wit...
- Violence-hit Ecuador chooses next presidentEcuadorans are heading to the polls amid a severe security and economic crisis, with two frontrunners, incumbent Daniel Noboa and leftist L...
- ONGC Videsh Limited to focus on buying operational assetsThe Ukraine war and the Western sanctions disrupted production last year at Russia's Sakhalin 1 field, in which OVL has a 20% stake. Produc...
- World’s riskiest markets stumble into crisis with dollars scarceIn some of the world’s most vulnerable developing nations, the situations on the ground are dire. Shortages of dollars are crimping access ...
- Emerging markets face risk of policy error amid conflicting prioritiesIn India, year-on-year growth more than halved to 6.3% in the latest quarter even as consumer-price growth remained above policymakers’ upp...
- Indian economy estimated to contract by 9.6% in 2020, grow at 7.3% in 2021: UNThe World Economic Situation and Prospects 2021, produced by the United Nations Department of Economic and Social Affairs (UN DESA), said t...
- Indian economy estimated to contract by 9.6% in 2020: UN reportThe modest recovery of 4.7 per cent expected in 2021 would barely offset the losses of 2020, said the latest World Economic Situation and P...
- India should abandon budget gap aim this year, PM Modi's adviser says“Fixing any fiscal deficit target is not possible this year because there are so many unknowns,” NITI VC said.
- The same stimulus that rich countries lean on could worsen poor economiesStimulus measures that the rich world is deploying could perversely make things worse for EMs.
- What central banks did this week as the virus hit global marketsMeanwhile, the dollar staged its biggest jump in 12 years, climbing to a three-year high, as investors piled into haven assets.
- Just growth, fiscal improvement can't resolve NPA issues: S&PGlobal ratings agency Standard & Poor's today called for a multi-pronged strategy to help banks tide over asset quality issues.
- Domestic factors more responsible for India’s economic woes: IMFThe Indian government has maintained that the economic crisis in the West largely responsible for India’s decelerating growth.
- Rating agencies like Fitch & others have finally begun to appreciate the complexities of Indian economyRating agencies have lent themselves to severe criticisms ranging from an Anglo-Saxon bias to manipulating ratings for building revenue.
- Commerce secretary Rahul Khullar heads to LatAm in Panama and Colombia for FTA talksRahul Khullar will be visiting Latin America this week to explore avenues of improving economic cooperation with the countries of the regio...
- Exports up 32.4 pc in Jan, may touch USD 225 bn in 2010-11Driven by a pick-up demand in the US and Latin American markets, India's exports rose by 32.4 per cent year-on-year to USD 20.6 billion in ...
- IMF set for huge expansion as world finance ministers meetWith a financial crisis still hammering away at global economy, International Monetary Fund is poised for one of its biggest expansions of ...
- BCTT’s no ideal tool to curb black money, scrap itBanking Cash Transaction Tax (BCTT) was introduced with effect from June 1, 2005.
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