economic policy

Seoul, April 11 – The South Korean government announced on Saturday that cash assistance for the bottom 70% of income earners will begin being distributed later this month as part of efforts to alleviate the financial strain caused by rising oil prices.The aid will initially be provided to the...

Washington, April 9 IMF Managing Director Kristalina Georgieva on Thursday urged central banks grappling with the impact of the US-Israel war on Iran to fight inflation even at the cost of growth, arguing that "pain is an unavoidable consequence of any conflict".In her address at the IMF...

Islamabad, April 9 Prime Minister Shehbaz Sharif has set up a special body to deal with the economic and security impacts of the West Asia conflict on the country.The National Coordination and Management Council (NCMC) was formed just hours before the two-week ceasefire was achieved between...

Washington, April 9 – A White House economic study has found that banning interest on stablecoins would do little to increase bank lending, challenging a central argument made by traditional banks in the debate over digital assets.The analysis by the Council of Economic Advisers (CEA) shows...

Seoul, April 9 – South Korean President Lee Jae Myung said on Thursday that it is time for the nation to fundamentally change its economic system, as rising oil prices and inflationary pressures from the war in the Middle East have dampened prospects for an economic recovery.However, Lee urged...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as "pleasant news," which was taken into account while making the policy decision hours later."At 5:30 am, we received some pleasant news, perhaps not entirely unexpected," Malhotra...

April 08, New Delhi: The Reserve Bank of India announced its latest monetary policy decision on Wednesday. The Monetary Policy Committee, led by RBI Governor Sanjay Malhotra, has maintained the repo rate at 5.25 percent, while maintaining a "neutral" policy stance.This decision comes amid...

Kolkata, April 7 – The Congress party released its manifesto for the upcoming two-phase assembly elections in West Bengal later this month, prioritizing an alternative economic model to improve fiscal health, attract investment, and generate employment, rather than distributing handouts under...

New Delhi, April 7 Former IMF economist Sriram Balasubramanian said on Tuesday that "civilizational confidence" is a necessary condition for shaping India's economic future and fulfilling the vision of Viksit Bharat.Speaking at Bharat Ki Soch's discussion series "From Dialogue to Strategy,"...

New Delhi, April 7 – Debt-ridden Pakistan is facing a dire financial situation as it must repay $3.5 billion to the United Arab Emirates this month.The repayment, confirmed by a senior cabinet minister during a press briefing, as reported by Pakistan’s Express Tribune, comes at a time when...

Seoul, April 7 – South Korean President Lee Jae Myung is scheduled to hold a meeting with leaders of the ruling and main opposition parties on Tuesday, officials said, as they were expected to discuss measures to mitigate the economic fallout from the war in the Middle East.Lee is scheduled to...

Rio de Janeiro, April 7 – Brazilian President Luiz Inácio Lula da Silva launched a package of measures designed to mitigate the impact of international energy price volatility on Brazil's economy.On Monday, the president signed a series of decrees to provide immediate relief to consumers and...

Islamabad, April 6 – Pakistan’s chronic reliance on external debt reflects decades of fiscal mismanagement, the entrenched dominance of the elite, and the failure to broaden the tax base or restructure loss-making state-owned corporations, according to a report released on Monday.According to...

Madurai, April 6 – Senior BJP leaders, including Chief Ministers Devendra Fadnavis of Maharashtra and Bhajan Lal Sharma of Rajasthan, and Union Ministers Piyush Goyal, G Kishan Reddy, and Arjun Ram Meghwal, launched a scathing campaign against the ruling DMK on Monday, the last day for filing...

New Delhi, April 6 – India's strong fiscal position and robust foreign exchange reserves provide the Reserve Bank of India with more policy flexibility, Finance Minister Nirmala Sitharaman said on Monday.Addressing the golden jubilee celebrations of the National Institute of Public Finance and...

Traders in Pakistan have warned the government of a nationwide protest if the increase in petroleum prices is not withdrawn, while also calling for an end to the ongoing crackdown on bakers (naanbai), local media reported on Sunday.Speaking at a press conference at the National Press Club, All...

Mumbai, April 3 If crude oil prices remain above USD 100 per barrel, headline inflation is likely to exceed 6 per cent, the upper limit of the RBI's tolerance band, and trigger interest rate hikes, a foreign brokerage has said.Economists at HSBC said that consumer price inflation (CPI) will...

New Delhi, April 3 The Confederation of Indian Industry (CII), a major industry lobby, welcomed the passage of the Jan Vishwas (Amendment of Provisions) Bill, 2026, by Parliament on Friday. CII stated that once implemented, the bill will significantly reduce the compliance burden on businesses...

April 03, New Delhi – Victora Tools Chairman S.S. Banga highlighted the recent measures taken by the Indian government to support exporters in the face of global conflicts.Speaking about the challenges faced by exporters, Banga noted that 20-25 countries around the world are currently in...

Davanagere (Karnataka), April 2 Karnataka Chief Minister Siddaramaiah on Thursday launched a sharp attack on the BJP, accusing it of "favoring the rich", while asserting that his government stands firmly with the poor.Speaking to reporters after a campaign event in the Davanagere South...