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SDR SUPPORT
Pakistan receives USD 1.3 bn loan from IMF: Central bankPakistan has recieved USD 1.3 billion from the International Monetary Fund. This funding comes from two separate programs, the Extended Fun...- S&P/ASX 200 closes lower as Australian shares end week flat, investors remain cautious on Middle East war; check top gainers and losersAustralian shares closed slightly lower on Friday, March 27, 2026, as financial sector declines offset mining gains. Investors remained cau...
- DRDO lab carries out field trials of software defined radio, key communication systemThe Defence Research and Development Organisation (DRDO) has achieved a milestone. It successfully tested its software defined radio and co...
- Indian Navy steaming ahead with autonomous unmanned vesselsFrom autonomous unmanned vessels to new-generation combat management systems, software-defined radios and advanced data links, Indian Navy ...
- IMF's 17.7 billion SDR support masks extent of slowdown in reserves pile-up in FY'22A $17.7 billion addition to the reserves was provided by the IMF in terms of SDR allocation and close to $9 billion addition to the value o...
- IMF unveils new trust to help 'vulnerable' countriesThe Washington-based crisis lender's Resilience and Sustainability Trust (RST) will come into effect May 1, and is in addition to a $650 bi...
- External sector slowly weakening againThe current account is back in deficit after a modest surplus last year not only because of a widening trade deficit, but pressures are als...
- Help low-income countries use SDRs effectively to fight Covid, India to IMFSDR is an international reserve asset created by IMF to supplement its member countries' official foreign exchange reserves. The internatio...
- India recognises importance of universal vaccination in stemming the spread of the virus: Sitharaman at IMFSitharaman made the remarks while speaking at the Plenary Meeting of the International Monetary and Financial Committee of the Internationa...
- Employees seek revival of country's first PSUA delegation of Indian Telephone Industry, country's first PSU, has sought the intervention of the Ministry of Communication and Informatio...
- China welcomes US Congress' ratification of IMF quota reformsChina welcomed the US Congress' ratification of the 2010 quota of the IMF that will 'enhance' the representativeness of emerging economies ...
- IMF approves half a billion financial assistance to PakistanThe IMF today approved nearly $500 million in its latest tranche of financial assistance to Pakistan, bringing the total amount of money re...
- IMF to consider inclusion of Chinese currency in SDR basketIn a big boost to China's plans to internationalise its currency, the IMF staff has proposed to its Executive Board to include the RMB into...
- Chinese slowdown opportunity for India: CEA Arvind SubramanianThe Chief Economic Adviser said investment from companies like Foxconn of Taiwan and Xiaomi of China suggest that companies based in China ...
- World economies must take note of yuan devaluation: CEA Arvind SubramanianSubramanian said China, on the one hand, has devalued the currency and taken measures aimed at reducing the spread between onshore and offs...
- China easing capital controls to internationalise YuanThe SDR, an accounting unit usually deployed in bailout packages, would deliver few direct benefits to China’s 1.3 billion people.
- IMF voting set-up has turned global bank into elite clubThe great depression of the 1930s witnessed a substantial amount of produced goods remaining unsold and governments devaluing their currenc...
- India unlikely to support China's renminbi as IMF reserve currencyIndia will support only an easily and freely convertible currency for inclusion in IMF's special drawing rights.
- RBI lends $10 bn to help IMF build a 'war chest'RBI has done its bit to help economies struggling from the global financial crisis, by lending $10 billion to the International Monetary Fu...
- India to get $4.5 bn from IMF to battle slowdownIndia would receive about USD 4.5 billion from the International Monetary Fund's Special Drawing Rights (SDR) to battle economic slowdown.
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