Specifically, the financial institution has demanded that Pakistan provide assurance that its balance of payments deficit is fully financed...

Kaiser Bengali has also described the China Pakistan Economic Corridor (CPEC) as a product of the new "East India company".

Pakistan recently reached an agreement with the IMF over a $6 billion bailout package to help prop up its public finances and a slowing eco...

The cabinet is likely to discuss various incentives for sugar industry which has been struggling with high buffer stock and weak prices for...

State Bank of Pakistan has only about $10 billion in forex, enough to last for only 2 months.

The International Monetary Fund has said that so far it has not received any such request from Pakistan. Cash-strapped Pakistan has availed...

"(Stock) markets work on sentiment and it is impossible to say what they are reacting to and what they are not reacting to," Mehrishi said.

The trade figures were released here by Commerce and Industry Minister Anand Sharma who said exports have done well in the past fiscal.

Delay in exports has increased the pressure on the industry over sugarcane payments to farmers, Agriculture minister Sharad Pawar said.

The public rebuff by Gujarat CM at an international forum of diamond industry in Surat has left diamantaries in a state of shock.

World oil prices fell in Asian trade Tuesday as euphoria over the US govt's bailout of Citigroup faded and investor pessimism about the glo...

China's government indicated Tuesday it would resist pressure to contribute to a global bailout fund, saying that ensuring the country's ec...

There would be a 15-20 % reduction in overall IT spend in the British financial services sector in 2009 compared with 2008.

Struggling British banks accepting a government bailout package will cut IT spending by up to a fifth and face pressure to move their offsh...

For the first time since decontrol in 1992, there was a huge premium of Rs 10,000 per tonne on steel products till recently.

Exporters can look forward to a lifeline from the government to tide over the woes set off by the rupee’s appreciation.

The commerce ministry asked North Block to enhance the rates of duty neutralisation schemes by 5%.