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IMF Approves $7 Billion Loan To Support Pakistan's Economy
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.
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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
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.
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IIT-Madras Placement 2023-24: 50% Of Students Secure Job Offers In Phase I, Average Package ₹19 Lakh
IIT-Madras Placement 2023-24: More than 55 percent of the placed students belonged to socially and economically challenging backgrounds.
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"US, China, Japan Facing Economic Crisis Because...": BJP Chief JP Nadda
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
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Sri Lanka Approves IMF's $3 Billion Bailout 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
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IMF Approves $15.6 Billion Support Package For Conflict-Hit Ukraine
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.
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Uttarakhand Seeks Rs 2000 Crore Rehabilitation Package For Joshimath
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."
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After India, China Backs Sri Lanka's Bid To Secure IMF Bailout Package
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
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On Financial Support For Pakistan, China Says It Has Done Its "Utmost"
China, which has offered a $9 billion bailout package to Pakistan, on Monday pledged more support for the cash-strapped nation.
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IMF, Sri Lankan President Wickremesinghe Begin Talks For Bailout Package
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.
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Coinbase Trims Workforce by 18 Percent Two Months After Pitching Jobs in India
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.
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Citing Impact On Dairy Farmers, Amul Urges Government To Delay Plastic Straw Ban
India's biggest dairy group Amul has written to the Government urging it to delay a planned ban on tiny plastic straws
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Pakistan Secures $8 Billion Saudi "Package" During Shehbaz Sharif Visit: Report
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.
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India Offers Additional $500 Million Credit Line To Sri Lanka To Buy Fuel
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.
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US Announces $500 Million Economic Aid package For Ukraine
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.
-
IMF Approves $7 Billion Loan To Support Pakistan's Economy
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, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
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: 50% Of Students Secure Job Offers In Phase I, Average Package ₹19 Lakh
IIT-Madras Placement 2023-24: More than 55 percent of the placed students belonged to socially and economically challenging backgrounds.
-
"US, China, Japan Facing Economic Crisis Because...": BJP Chief JP Nadda
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 Approves IMF's $3 Billion Bailout 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
-
IMF Approves $15.6 Billion Support Package For Conflict-Hit Ukraine
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.
-
Uttarakhand Seeks Rs 2000 Crore Rehabilitation Package For Joshimath
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."
-
After India, China Backs Sri Lanka's Bid To Secure IMF Bailout Package
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
-
On Financial Support For Pakistan, China Says It Has Done Its "Utmost"
China, which has offered a $9 billion bailout package to Pakistan, on Monday pledged more support for the cash-strapped nation.
-
IMF, Sri Lankan President Wickremesinghe Begin Talks For Bailout Package
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 Trims Workforce by 18 Percent Two Months After Pitching Jobs in India
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.
-
Citing Impact On Dairy Farmers, Amul Urges Government To Delay Plastic Straw Ban
India's biggest dairy group Amul has written to the Government urging it to delay a planned ban on tiny plastic straws
-
Pakistan Secures $8 Billion Saudi "Package" During Shehbaz Sharif Visit: Report
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 Offers Additional $500 Million Credit Line To Sri Lanka To Buy Fuel
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.
-
US Announces $500 Million Economic Aid package For Ukraine
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.
