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PAKISTAN IMF TRANCHE APPROVAL
Adani Ports says Mundi will invest $1.4 billion for 49% stake in Vizhinjam PortAdani Ports has inked a significant deal with MSC's terminal arm, TiL, for a 49% stake in its Vizhinjam port for $1.397 billion. This strat...- 'Assault on sovereignty': India condemns Pakistan airstrikes on Afghan territoryIndia has strongly condemned Pakistan's airstrikes on Afghan territory, deeming them a severe threat to regional peace and Afghanistan's so...
- Pakistan says carried out strikes along Afghan border, 29 militants killedPakistan launched retaliatory strikes across its border with Afghanistan, resulting in the deaths of 29 individuals. This action followed a...
- PFC-REC merger approved! Here's what will happen to your existing shares after mega mergerPFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...
- PoK protests, Islamabad's repression blow apart farce created by PakistanPakistan's army chief's international peacemaker image clashes with domestic repression, particularly in 'Azad Kashmir'. Protests demanding...
- Anchor investors clear path for SP Group's refinancingShapoorji Pallonji Group's anchor investors, including global funds, have agreed to extend relaxed loan-to-value ratios on pledged securiti...
- 'Look inward': India 'categorically rejects' Pakistan's Karachi violence claims as 'baseless'India has strongly refuted Pakistan's claims linking it to Saturday's violence in Karachi, labeling the accusations as "baseless." New Delh...
- Pakistan, Bahrain discuss 'latest regional situation' amid renewed attacks by US, IranIn a bid to navigate the tumultuous regional landscape, Pakistan and Bahrain convened talks focused on heightened tensions between the US a...
- Strong earthquake hits Afghanistan's Hindu Kush region, 20 injuredA powerful magnitude 6 earthquake jolted Afghanistan's Hindu Kush region, with tremors felt across Pakistan. While initial reports from Afg...
- Shoaib Akhtar's brother's funeral attended by LeT terrorist Saifullah Kasuri, Videos spark concernSenior Lashkar-e-Taiba leaders, including deputy chief Saifullah Kasuri, were reportedly seen at the funeral of former cricketer Shoaib Akh...
- IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...
- Vedanta unit accepts bids worth $1.75 billion for three-tranche dollar debt, bankers sayVedanta Resources' subsidiary has successfully raised $1.75 billion through a dollar bond issuance to refinance over $2 billion in high-yie...
- Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
- IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...
- 'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...
- Pakistan's Gen Z taking to investing in stocks in big way, claim stock managersPakistan's Gen Z is driving new accounts on the stock exchange, making up 41% of openings in FY25-26. Despite this surge, overall investmen...
- Centre auctions 10 critical mineral blocks in 7th roundIndia has successfully auctioned 10 critical and strategic mineral blocks, bringing the total to 56. This significant expansion includes fi...
- Next ECMS tranche likely in August, to target rare earths, componentsGovernment officials anticipate announcing the next wave of Electronic Component Manufacturing Scheme (ECMS) beneficiaries next month. The ...
- Pakistan sees room to improve FY27 outlook after Iran war ends, says Finance Minister AurangzebPakistan's Finance Minister Muhammad Aurangzeb sees potential economic upsides for fiscal year 2027 following the end of the Iran conflict....
- Pakistan eyes more global bond issues, sees budget upside from Iran dealPakistan's Finance Minister Muhammad Aurangzeb stated it's too early to revise the budget despite potential economic improvements post-Iran...
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