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MALDIVES FISCAL PRESSURES
Maldives repays second $50 million Indian treasury bill: MuizzuThe Maldives has made a significant payment to India, settling a USD 50 million treasury bill. This move aims to reduce the nation's extern...- India extends financial support to Maldives under SAARCIndia has approved a significant ₹3,000-crore currency swap for the Maldives. This move aims to bolster the island nation's economy under t...
- As Male faces stress, India weighs currency swap extensionIndia is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compound...
- Maldives’ tourism-driven economy stares at crisis amid West Asia warThe Maldives economy faces a crisis due to West Asia disruptions. Tourist arrivals are down, impacting revenue. Significant debt repayments...
- Price hikes, outlook cuts - What airlines are doing as fuel costs surgeA sharp surge in jet fuel prices, attributed to the U.S.-Israeli war on Iran, is significantly impacting the global aviation industry. Airl...
- Maldives moves to merge key elections to cut costsMaldives will vote in a nationwide referendum on April 4. Citizens will decide if presidential and parliamentary elections can be held toge...
- Maldives to hold referendum on merging key elections to cut costsMaldives will hold a nationwide referendum on April 4. The vote will decide if presidential and parliamentary elections can be held togethe...
- Maldives tourism names Katrina Kaif as Global Ambassador to boost destination appeal amid growing India-Maldives tiesVisit Maldives has appointed Bollywood star Katrina Kaif as its Global Ambassador, recognizing her influence and affinity for the islands. ...
- India committed to reduce budget deficit over medium term, says Fitch RatingsThe Indian government is committed to reducing the budget deficit despite coalition governance challenges. Fitch Ratings noted that India p...
- UN upgrades India's 2024 growth forecast to 6.9% from 6.2%The World Economic Situation and Prospects as of mid-2024, released Thursday, said, "India's economy is forecast to expand by 6.9 per cent ...
- World Bank forecast Pakistan's economic growth to further 'slow' to 2% in FY 2022-23The report, issued by a flagship publication of the World Bank Group, said that global growth was slowing sharply in the face of elevated i...
- Domestic travel may hit levels seen before Covid by September endAccording to Magow, MakeMyTrip saw "dramatic" recovery and a "complete turnaround" in its full-year results (a full year adjusted operating...
- News from the Island isn't very good for many Indian entitiesThe listed Sapphire Foods, which operates quick service restaurant brands KFC and Pizza Hut in the sub-continent including India and Sri La...
- US and India must develop plan to counter China's efforts to strengthen its position in Indian OceanThere have been considerable concerns in India over China's growing presence in the Indian Ocean region. India has been trying to expand ma...
- Stocks in focus on June 4, 2018Here is a list of top stocks that are likely to be in focus in today's trading session.
- need2know: 8 macro cues for your day on D-StreetThe government think-tank Niti Aayog has recommended strategic disinvestment of 34 sick public sector units so far.
- ADB keeps India's growth forecast unchanged at 7.4 per cent this year"Despite some softening in prospects for the major industrial economies, developing Asia is poised to meet growth forecasts," ADB said.
- Shruti Shibulal's Tamara scouting for hospitality acquisitionsShruti, has been splitting her time between USA and India for the past few years. But with the new role she intends to move back to India n...
- Sensex under pressure: Top twelve stocks in actionMarkets came under pressure in morning trade. The fall was led by huge selling in index heavyweights such as RIL, ITC and HDFC Ltd.
- Policy paralysis in South Asia; Indian growth to slow at 6.8%: World BankThe World Bank has estimated India's growth for the current fiscal at 6.8 per cent, lower than the government projection.
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