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FOREIGN AID REDUCTION
Chinese leader Xi Jinping will travel to North Korea next week in first visit since 2019Chinese President Xi Jinping is set to visit North Korea next week. This marks his first trip in almost seven years. The visit follows Nort...- Why 10 stocks suffered massive Rs 17,000 crore mutual fund selloff in AprilMutual funds aggressively booked profits in April, offloading an estimated Rs 17,000 crore from 10 major stocks like HDFC Bank and Wipro. T...
- Shelter from Spike 'n' Supply Storm: West Asia tensions test India Inc’s resilience to energy shocksEscalating tensions in West Asia highlight India’s vulnerability to energy and logistics disruptions. Even without supply cuts, higher frei...
- Ceasefire not good for stock market? BNP Paribas cuts Nifty target for 2026, but picks 9 stocksBNP Paribas turned cautious on India’s markets after the crude spike, cutting its 2026 Nifty target to 25,500 and warning of fiscal and ear...
- FIIs dump 48 crore HDFC Bank shares as stock crashes 26% in March quarterFIIs offloaded nearly 50 crore shares of HDFC Bank in Q4 as the stock slumped 26% amid a governance crisis triggered by the exit of former ...
- Red Cross to shed nearly 3,000 jobs, scale back budget amid donor fatigueIn a bid to adapt to shifting donor interests, the International Committee of the Red Cross plans to trim its budget and workforce by 2026....
- Afghanistan earthquake: Over 800 killed after 6.0 magnitude quake strikes JalalabadA magnitude 6.0 earthquake struck southeastern Afghanistan, with tremors felt as far away as Delhi-NCR in India. The quake, occurring at a ...
- WHO must cut budget by fifth after US pullout: emailThe World Health Organization, facing a funding gap of nearly $600 million in 2025, plans to cut its budget by 21% due to reduced US contri...
- US cuts overseas aid contracts by more than 90%The United States has slashed its multi-year aid contracts by 92 percent, as it sought around $60 billion in savings in development and ove...
- Trump administration to keep 611 USAID essential staff, notice saysThe Trump administration revised its decision to retain only 300 workers at USAID, increasing the number to 611 essential employees. Concur...
- Donald Trump fires over 9500 people working in USAID; workforce reduced to less than 300, say reportsDonald Trump has drastically reduced the USAID workforce, cutting over 9,500 jobs and leaving fewer than 300 employees. This move is part o...
- Trump suspends US foreign assistance for 90 days pending reviewsPresident Trump signed an executive order temporarily suspending all U.S. foreign assistance programs for 90 days to ensure they align with...
- India’s forex fell by $2.68 bn aided by drop in gold reserves for week ended May 13According to an article 'State of the Economy', published in the RBI's Bulletin for May, foreign exchange reserves at USD 596 billion as on...
- Australia to cease all bilateral aid to PakistanThe report titled 'Aid Program Performance report 2018-19 on Pakistan' said Pakistan bilateral aid programme will be reduced to 19 million ...
- Trump administration intends to change course on budget: White House officialTrump had proposed a $1.1 tn budget, requesting a massive $54 bn increase in defence spending and a substantial cut in the State Department...
- Dassault Deal fallout: Foreign aid is often salve for the conscience, helping the donor rather than recipientThe press dredged up finance minister Pranab Mukherjee’s comment that the £280 million annual British aid is ‘peanuts’ . India’s opposition...
- UK likely to cut foreign aid to 'rich' IndiaUnder pressure to reduce its foreign assistance, Prime Minister David Cameron may scale down the 250 million-pound British aid given to Ind...
- Japan must increase aid budget, efforts for Africa: ExpertsJapan should allocate more funds for foreign aid to maintain its diplomatic clout and increase efforts for comprehensive assistance especia...
- Dollar doles to help India’s global power ambitionsThe Indian government, for long a major recipient of foreign aid, is gearing up to turn professional aid giver.
- FinMin issues guidelines on government expenditureFinMin issues fresh guidelines on government office expenditure to contain non-plan, non-developmental expenditure.
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