economic stability

New Delhi, April 9 Veteran banker K V Kamath emphasized the need for reskilling and education reforms to harness the potential of artificial intelligence (AI), which will be the defining theme of the next decade.During a fireside chat with Sunil Kant Munjal, chairman of Hero Enterprises, at an...

New Delhi, April 9 India has consistently demonstrated remarkable resilience during global crises, not only surviving them but also transforming through the turbulence to emerge stronger, said Shaktikanta Das, Principal Secretary to the Prime Minister, on Thursday.Addressing the AIMA National...

Washington, April 9 – Pakistan is facing mounting debt pressures, weak growth prospects, and persistent structural vulnerabilities, which threaten its economic stability, the World Bank said.The report highlighted that economies with high public debt, limited fiscal space, and heavy external...

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...

Islamabad, April 6 Pakistan has made arrangements to repay $4.8 billion in external obligations by June, including $3.5 billion payable to the UAE through three different facilities, a local media report said.This development comes after the federal government decided to return $2 billion to...

Islamabad, April 6 – Residents in Peshawar and other parts of Khyber Pakhtunkhwa, Pakistan, have been facing difficulties due to a severe shortage of natural gas, as CNG stations across the province have remained closed, local media reported on Monday.Most school bus and van operators have...

New Delhi/Islamabad, April 4 – Facing mounting pressure, Pakistan has agreed to fully repay approximately “$3.5 billion” in deposits and loans to the United Arab Emirates (UAE) by the end of April, after the Gulf nation sought the immediate return of the money.The development comes amid...

Islamabad, April 4 Pakistan on Saturday rejected social media commentary regarding the repayment of financial deposits to the UAE, reaffirming a strong partnership with the Gulf nation.The reaction by social media users came in response to media reports that Pakistan had been asked by the UAE...

Islamabad, April 3 – The Pakistani government has announced a significant increase in fuel prices, with petrol rising by 43% and high-speed diesel (HSD) by 55%, according to local media reports.The price of petrol has been raised from Pakistani Rupees (PKR) 321.17 to PKR 458.41 per litre, an...

Patna, April 2 CPI(ML) MP Raja Ram Singh wrote to the Ministry of Labour and Employment on Thursday, raising serious concerns about alleged mass layoffs at a private company in India.In his letter addressed to Union Labour Minister Mansukh Mandaviya, Singh expressed deep concern and outrage...

Colombo, Apr 2 Sri Lanka has met all the targets set under the IMF's Extended Fund Facility program, President Anura Kumara Dissanayake said on Thursday.He made the remarks during a meeting with an International Monetary Fund (IMF) delegation, which is visiting the island nation for a combined...

Bangalore, March 31 Karnataka Chief Minister Siddaramaiah criticised BJP state president B Y Vijayendra’s demand for a “white paper” on the state’s finances, calling it a reflection of his poor understanding of economics and political maturity.He stated that the allegation that the state is...

Bhopal, March 30 – Chief Minister Mohan Yadav stated on Monday that Madhya Pradesh is emerging as one of the top three states in the country in terms of strength, economic stability, and sound financial management.He said that the state government is providing every possible support and...

Lucknow, March 29 Uttar Pradesh Chief Minister Yogi Adityanath on Sunday asserted that while "emergency has been declared in many countries" due to the West Asia crisis, India is moving with full strength due to Prime Minister Narendra Modi's "visionary leadership.""The Gulf War has created an...

March 28, New Delhi — A meeting of an informal group of ministers, chaired by Defence Minister Rajnath Singh, was held on Saturday to assess the potential impact of the ongoing conflict on the country's energy security and supply chains.Senior ministers reviewed the risks to fuel supplies, the...

New Delhi, March 28 – An Informal Group of Ministers (IGoM), comprising several senior members of the Union Cabinet, convened a meeting on Saturday to assess potential risks to India’s energy security, the supply of essential commodities, and the resilience of critical infrastructure, in light...

March 28, New Delhi – Thailand's Prime Minister, Anutin Charnvirakul, announced that the country is expected to have a new government next week, with a complete list of cabinet members to be submitted for royal approval on Monday.Anutin stated that the new government will quickly present its...

Bhubaneswar, March 28 Odisha Chief Minister Mohan Charan Majhi on Saturday appealed to the people of the state to refrain from panic buying to ensure smooth functioning of the supply chain in the midst of the West Asia conflict.He also praised the Central government's decision to reduce excise...

Islamabad, March 28 Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement (SLA) for the disbursement of approximately USD 1.2 billion under two separate arrangements.The two sides successfully concluded the third review of the Extended Fund Facility (EFF) and...

Prime Minister Narendra Modi has emphasized that maintaining economic and trade stability, ensuring energy security, protecting the interests of citizens, and strengthening industry and supply chains remain the government's top priorities amid the evolving situation in West Asia.Mr. Modi...