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Mumbai, April 3 India's foreign exchange reserves declined by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI) said on Friday.In the previous reporting week, the overall reserves had declined by USD 11.413 billion to USD 698.346 billion...

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...

Islamabad, March 29 Amidst a struggling economy with loose ends in energy, logistics, digital infrastructure, education, poverty, and employment, the Pakistani government aims to establish itself as a major exporter of fighter jets, according to a report."To be clear, an economy struggling to...

Mumbai, March 27 India's foreign exchange reserves dropped by USD 11.413 billion to USD 698.346 billion during the week ended March 20 due to a sharp decrease in gold reserves, the RBI said on Friday.In the previous reporting week, the overall reserves had dropped by USD 7.052 billion to USD...

Colombo, March 25 Sri Lanka is hoping to receive two installments of its bailout package from the IMF when the IMF team arrives here to complete its mission, Central Bank Governor Nandalal Weerasinghe said on Wednesday.An International Monetary Fund (IMF) team will arrive here on Thursday and...

New Delhi, March 24 – The decision to enter another IMF funding arrangement has been a subject of ongoing debate in Pakistan, as the country has already turned to the multilateral lending institution as many as 24 times for bailout packages to address its macroeconomic vulnerabilities...

Mumbai, March 20 India's foreign exchange reserves declined by USD 7.052 billion to USD 709.759 billion during the week ended March 13, the RBI said on Friday.In the previous reporting week, the overall reserves had fallen by USD 11.683 billion to USD 716.81 billion. The kitty had expanded to...

New Delhi, March 9 – Pakistan's ongoing conflict with Afghanistan has put at risk the next installment of IMF funding that Islamabad urgently needs, according to a media report.The IMF team is currently visiting Pakistan for its third review of the country's economy, ahead of the next tranche...

Mumbai, March 6 India's foreign exchange reserves jumped by USD 4.885 billion to a record high of USD 728.494 billion during the week ended February 27, the Reserve Bank said on Friday.In the previous reporting week, the overall reserves had fallen by USD 2.119 billion to USD 723.608 billion...

New Delhi, March 6 – The mismanagement of Pakistan as a political entity by its ruling elite has led the country to periodic crises, which have been both political and economic in nature. This economic turmoil has necessitated 25 IMF programs, each of which has exacerbated Pakistan's structural...

Feb 18, New Delhi — Leaders from various countries have arrived in New Delhi to participate in the India AI Impact Summit, hosted by India. Prime Minister Narendra Modi warmly welcomed the guest leaders at the Bharat Mandapam on Wednesday evening. The heads of multinational organizations and...

Feb 18, New Delhi — Leaders from various countries have arrived in New Delhi to participate in the India AI Impact Summit, being hosted by India. Prime Minister Narendra Modi warmly welcomed the guest leaders at the Bharat Mandapam on Wednesday evening. The heads of multinational organizations...

Ahead of tomorrow's inauguration of the India AI Impact Summit, Prime Minister Narendra Modi welcomed global leaders participating in the Summit at Bharat Mandapam this evening. Mr. Modi also welcomed the Secretary-General of the United Nations, António Guterres, and the Managing Director of the...