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IMF Reaches Agreement With Sri Lanka On $344 Million Loan Payout
The International Monetary Fund announced Friday it had reached agreement on a loan program review with Sri Lanka which will make around $344 million available to support the country's economic reforms.
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Provident Fund Body Launches Revamped Form 13 To Speed Up Transfer Claim Process
The EPFO has further simplified the process for transfer of PF account on change of jobs by launching a revamped Form 13 software functionality that will speed up the transfer of funds to the new account, according to an official statement.
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'Doing Dirty Work For US, West...': Pak Minister Admits To Funding Terrorism
Pakistan's defence minister admitted to doing "dirty work" for the US and the West when asked whether Islamabad has a history of funding and backing terror groups.
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Harvard Seeks To Sell $1 Billion In Private Equity Stakes, Says Report
Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion amid financial uncertainty and President Donald Trump's threats to cut federal funding, according to Bloomberg News on Thursday.
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US Judge Orders Trump Cannot Defund Migrant 'Sanctuary Cities'
A US judge ruled Thursday that Donald Trump cannot legally withhold federal funds from authorities offering limited protections to undocumented migrants, known as "sanctuary cities," as the president presses his aggressive mass deportation effort.
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Trump Calls Harvard "Liberal Mess" As Funding Dispute Heads To Court
US President Donald Trump on Thursday bashed Harvard as an "Anti-Semitic, Far Left Institution," as the prestigious university battles his administration's funding freeze in court.
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IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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Meta’s Oversight Board Rebukes Company Over Policy Overhaul
Meta Platforms’ Oversight Board on Wednesday sharply rebuked the Facebook and Instagram owner over a policy overhaul in January that cut fact-checking. The board, which operates independently but is funded by Meta, urged the world's biggest social media company to assess “potential adverse effects” of the changes, put in place just before US ...
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Sensex Jumps 650 Points, Crosses 80,000 In Early Trade, Nifty Up 190 Points
Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows.
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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"Sudden Drop In Income": WHO Announces Layoffs Amid US Funding Cuts
The United Nations health agency has been bracing for President Donald Trump's planned full withdrawal of the United States -- by far its largest donor -- next January.
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Trump Tariffs Have Increased Financial Stability Risks, Says Global Body
US President Donald Trump's stop-start tariff rollout has "significantly" increased global financial stability risks, the International Monetary Fund said in a report published Tuesday.
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International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
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Nirmala Sitharaman Invites Global CEOs To Join India's Growth Story
Union Finance Minister Nirmala Sitharaman met global CEOs, pension fund managers and other institutional investors here, and discussed the opportunity for collaboration in the domain of energy and sustainability
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IMF Reaches Agreement With Sri Lanka On $344 Million Loan Payout
The International Monetary Fund announced Friday it had reached agreement on a loan program review with Sri Lanka which will make around $344 million available to support the country's economic reforms.
-
Provident Fund Body Launches Revamped Form 13 To Speed Up Transfer Claim Process
The EPFO has further simplified the process for transfer of PF account on change of jobs by launching a revamped Form 13 software functionality that will speed up the transfer of funds to the new account, according to an official statement.
-
'Doing Dirty Work For US, West...': Pak Minister Admits To Funding Terrorism
Pakistan's defence minister admitted to doing "dirty work" for the US and the West when asked whether Islamabad has a history of funding and backing terror groups.
-
Harvard Seeks To Sell $1 Billion In Private Equity Stakes, Says Report
Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion amid financial uncertainty and President Donald Trump's threats to cut federal funding, according to Bloomberg News on Thursday.
-
US Judge Orders Trump Cannot Defund Migrant 'Sanctuary Cities'
A US judge ruled Thursday that Donald Trump cannot legally withhold federal funds from authorities offering limited protections to undocumented migrants, known as "sanctuary cities," as the president presses his aggressive mass deportation effort.
-
Trump Calls Harvard "Liberal Mess" As Funding Dispute Heads To Court
US President Donald Trump on Thursday bashed Harvard as an "Anti-Semitic, Far Left Institution," as the prestigious university battles his administration's funding freeze in court.
-
IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
-
World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
Meta’s Oversight Board Rebukes Company Over Policy Overhaul
Meta Platforms’ Oversight Board on Wednesday sharply rebuked the Facebook and Instagram owner over a policy overhaul in January that cut fact-checking. The board, which operates independently but is funded by Meta, urged the world's biggest social media company to assess “potential adverse effects” of the changes, put in place just before US ...
-
Sensex Jumps 650 Points, Crosses 80,000 In Early Trade, Nifty Up 190 Points
Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows.
-
IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
"Sudden Drop In Income": WHO Announces Layoffs Amid US Funding Cuts
The United Nations health agency has been bracing for President Donald Trump's planned full withdrawal of the United States -- by far its largest donor -- next January.
-
Trump Tariffs Have Increased Financial Stability Risks, Says Global Body
US President Donald Trump's stop-start tariff rollout has "significantly" increased global financial stability risks, the International Monetary Fund said in a report published Tuesday.
-
International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
-
Nirmala Sitharaman Invites Global CEOs To Join India's Growth Story
Union Finance Minister Nirmala Sitharaman met global CEOs, pension fund managers and other institutional investors here, and discussed the opportunity for collaboration in the domain of energy and sustainability
