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World Bank cuts India’s growth forecast to 6.3%; ADB projects 6.4% for FY24
World Bank, ADB reports on India's growth
The World Bank and the Asian Development Bank (ADB) on Tuesday projected moderation in Indian economic growth between...
China’s oil giant Sinopec eyes refinery investment in Sri Lanka amid rising geopolitical concerns
China to enter Sri Lanka's fuel market
China recently expressed its plan to enter Sri Lanka's fuel market. This includes investments in importing, storage, distribution,...
IMF only option available to Sri Lanka to overcome the economic crisis, says President...
IMF only hope
Sri Lankan President Ranil Wickremesinghe on Tuesday emphasized that seeking the International Monetary Fund (IMF) bailout package was the only option available...
Pakistan’s forex reserves barely enough to provide import cover for 18.5 days
Pakistan's economy nears breaking point as foreign exchange reserves hit rock bottom
The foreign exchange reserves held by the State Bank of Pakistan (SBP) have...
Pakistan faces monumental crisis as economy topples; hikes petrol, diesel prices by Rs.35
With today's hike, petroleum will now cost Rs.249.80 per litre, while diesel Rs.262.80 per litre
Following the State Bank's removal of a cap on Pakistan's...
Pakistan’s economy at risk of collapse; Pak rupee reaches all-time low after devaluation
Pakistani rupee hits a record low of 255.43 against the US dollar
British publication Financial Times has warned that Pakistan's economy is at risk of collapse...
As world’s fastest-growing economy at 5.8%, India ‘bright spot’: UN economist
UN projects India's economic growth rate of 6.7 percent for next year
As the fastest-growing major economy at a clip of 5.8 percent this year,...
2023 Union Budget estimated to be around 8 lakh crores
PM Modi, FM Sitharaman team spends 14 hours a day working out the details
As the Union Budget for 2023 was prepared by the Nirmala...
Sri Lankan President hopeful of successful debt restructuring talks with India and China
In Sri Lanka’s attempt to restructure foreign debt, India and China are crucial
Sri Lankan President Ranil Wickremesinghe on Monday expressed hope that the debt...
India a bright spot on the dark horizon: IMF chief Kristalina Georgieva lauds nation’s...
IMF chief Kristalina Georgieva praises India's growth story
International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday said that India deserves to be called...
