Economic Package

The board of the International Monetary Fund on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender.

China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.

IIT-Madras Placement 2023-24: More than 55 percent of the placed students belonged to socially and economically challenging backgrounds.

BJP chief J P Nadda today claimed that the US, China and Japan are facing an economic crisis now as they spent money on providing freebies during the COVID-19 pandemic, while the Indian government came up with a Rs 20 lakh crore package

Sri Lanka's Parliament on Friday approved the much-needed USD 3 billion IMF bailout package to revive the island's economy which was hit hard by a catastrophic economic and humanitarian crisis sparked by years of mismanagement and the raging pandemic

The International Monetary Fund has approved a $15.6 billion support package for Ukraine to assist with the conflict-hit country's economic recovery, the fund said in a statement Friday.

While talking to ANI, Secretary Sundaram said, "The state government has sought an economic package of Rs 2,000 crore from the Center for the treatment of Joshimath disaster-affected area and rehabilitation of the affected people."

China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the country, days after India strongly backed the island nation's efforts to secure the loan from the global lender to

China, which has offered a $9 billion bailout package to Pakistan, on Monday pledged more support for the cash-strapped nation.

President Ranil Wickremesinghe and a visiting IMF team on Wednesday analysed Sri Lanka's current economic crisis as the two sides began crucial talks to finalise a bailout package and secure a staff-level agreement for the cash-strapped country.

Coinbase CEO Brian Armstrong has announced that the company is letting go of 18 percent of its workforce. The reason cited behind this decision is the ongoing recession-like economic climate as well as Coinbase’s overstaffed status. Armstrong has noted that this cost-cutting measure will also make the company function more efficiently.

India's biggest dairy group Amul has written to the Government urging it to delay a planned ban on tiny plastic straws

Pakistan, which is grappling with an economic slump, has secured a "sizeable package" of around $8 billion from Saudi Arabia during the visit of Prime Minister Shehbaz Sharif, reported local media.

India has agreed to extend an additional USD 500 million credit line to help Sri Lanka import fuel, Finance Minister Ali Sabry said, amid delays in chalking out a bailout package with the IMF to mitigate the dire financial crisis facing the nation.

The United States will provide Ukraine with a new $500 million infusion of aid to help the government in Kyiv continue paying salaries, pensions and providing services, Treasury Secretary Janet Yellen said Thursday.

The board of the International Monetary Fund on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender.

China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.

IIT-Madras Placement 2023-24: More than 55 percent of the placed students belonged to socially and economically challenging backgrounds.

BJP chief J P Nadda today claimed that the US, China and Japan are facing an economic crisis now as they spent money on providing freebies during the COVID-19 pandemic, while the Indian government came up with a Rs 20 lakh crore package

Sri Lanka's Parliament on Friday approved the much-needed USD 3 billion IMF bailout package to revive the island's economy which was hit hard by a catastrophic economic and humanitarian crisis sparked by years of mismanagement and the raging pandemic

The International Monetary Fund has approved a $15.6 billion support package for Ukraine to assist with the conflict-hit country's economic recovery, the fund said in a statement Friday.

While talking to ANI, Secretary Sundaram said, "The state government has sought an economic package of Rs 2,000 crore from the Center for the treatment of Joshimath disaster-affected area and rehabilitation of the affected people."

China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the country, days after India strongly backed the island nation's efforts to secure the loan from the global lender to

China, which has offered a $9 billion bailout package to Pakistan, on Monday pledged more support for the cash-strapped nation.

President Ranil Wickremesinghe and a visiting IMF team on Wednesday analysed Sri Lanka's current economic crisis as the two sides began crucial talks to finalise a bailout package and secure a staff-level agreement for the cash-strapped country.

Coinbase CEO Brian Armstrong has announced that the company is letting go of 18 percent of its workforce. The reason cited behind this decision is the ongoing recession-like economic climate as well as Coinbase’s overstaffed status. Armstrong has noted that this cost-cutting measure will also make the company function more efficiently.

India's biggest dairy group Amul has written to the Government urging it to delay a planned ban on tiny plastic straws

Pakistan, which is grappling with an economic slump, has secured a "sizeable package" of around $8 billion from Saudi Arabia during the visit of Prime Minister Shehbaz Sharif, reported local media.

India has agreed to extend an additional USD 500 million credit line to help Sri Lanka import fuel, Finance Minister Ali Sabry said, amid delays in chalking out a bailout package with the IMF to mitigate the dire financial crisis facing the nation.

The United States will provide Ukraine with a new $500 million infusion of aid to help the government in Kyiv continue paying salaries, pensions and providing services, Treasury Secretary Janet Yellen said Thursday.