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IMF ON RUPEE
Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...
Tokenisation could be the next big upgrade to India's market plumbingTokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's finan...
Elevated oil prices could drag India's growth to 6%, below IMF forecast of 6.5%: Gita GopinathElevated oil prices could slow India's economic growth to around 6%, according to former IMF official Gita Gopinath. She warned that prolon...
RBI to hold rate on Friday, future hike will depend on inflation data: Gita GopinathThe Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taki...
RBI warns West Asia war may hurt India growth outlookThe central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail ...
India’s forex reserves fall by $7.51 billion to $681.38 billion as of May 22India's foreign exchange reserves saw another dip. Reserves fell by $7.51 billion to $681.38 billion in the week ending May 22. This follow...
RBI warns prolonged West Asia conflict could hit India’s economyAmidst the backdrop of conflict in West Asia, India's economic landscape finds itself at a crossroads. Although the Reserve Bank of India p...
‘Investment climate not in great shape’: Former PM Modi advisor urges FDI reforms as outflows surge in FY26Former advisor Surjit Bhalla calls for major changes to India's foreign investment rules. He warns that strict policies and unclear regulat...
'India more diversified:' Sebi chief Tuhin Kanta Pandey comments on Taiwan's market ascentSEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and ...
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisisSri Lanka's central bank enacted a significant 100 basis point policy rate hike, its largest in four years, to combat rising inflation and ...
India’s forex reserves fall by $8.09 bn to $688.89 bn as of May 15India's foreign exchange reserves saw a significant drop of over eight billion dollars in the week ending May 15. Foreign currency assets a...
India scrambles to steady rupee as oil shock bitesIndia is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fas...
Pakistan eyes PKR 100 bn defence hike in IMF-linked budgetPakistan is set to boost its defense budget by approximately PKR 100 billion. This move aligns with an International Monetary Fund program....
India's forex reserves jump by $6.295 billion to $696.988 billionIndia's foreign exchange reserves saw a significant increase. Reserves rose by over six billion US dollars in the week ending May 8. This s...
Rupee under pressure: Weak inflows push India back to familiar defence toolsWith the rupee under pressure and international unrest growing, India is on the lookout for solutions to enhance dollar inflows. One potent...
States' average per capita income could hit upper threshold by 2047, if growth sustains: RBI DGBy the year 2046-47, it's anticipated that India's average per capita income could soar into high-income territory, contingent upon the con...