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IMF lauded India's deployment of a direct cash transfer scheme by calling it a

IMF lauds India’s direct cash transfer scheme, calls it ‘logistical marvel’

PGurus Newsdesk - 1
IMF Deputy Director Paolo Mauro praises India's digital cash transfer schemes On Wednesday the International Monetary Fund (IMF) praised India's deployment of a direct cash...
According to IMF, the global inflation rate is projected to be 8.8% this year and come down to 6.5% next year

IMF expects inflation in India to come down to 4% range in 2023

PGurus Newsdesk - 1
India's economy fairly doing well in 2022 and is expected to continue growing fairly robustly in 2023 The International Monetary Fund (IMF) expects India's inflation...
Modi to turn 2023 as a year of India with G-20, SCO summits

Blessing in disguise for 2024 polls

R Rajagopalan - 2
G-20, SCO - A blessing in disguise for BJP 2023 is the year of India and is also the year of Narendra Modi. In G-20 India is...
In a special notification issued by the Sri Lankan Finance Ministry, the ban was imposed on a total of 300 items including chocolates, perfumes, makeup, and shampoo among several other products

Sri Lanka bans the import of 300 items of consumer goods to stabilize the...

Team PGurus - 0
Crisis-stricken Sri Lanka slaps import ban on a wide range of consumer goods with immediate effect Facing chaos in the economy, the Sri Lankan government...
The ship's arrival at the Hambantota port became controversial as China leased the port from Sri Lanka in 2017 for 99 years after Colombo failed to pay debts related to the construction of the facility

Chinese satellite tracking ship leaves Sri Lanka after controversial visit of six days

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Yuan Wang 5 leaves Sri Lanka Chinese research ship docked at the strategically important Hambantota port departed from Sri Lankan waters on Monday after a...
The ship’s port call was earlier deferred due to apparent security concerns raised by India

China’s spy ship reaches Hambantota Port amid India’s concerns

PGurus Newsdesk - 1
Sri Lankan port officials welcome Chinese spy ship Yuan Wang 5 at Hambantota Port Amid India’s concern over the Chinese high-tech vessel’s proximity to its...
China confirms that Sri Lanka has permitted its satellite and missile tracking ship to dock at the Hambantota port, but it has chosen to withhold the specifics of the negotiations with Colombo

China silent on details of talks with Sri Lanka as its high-tech ship set...

Team PGurus - 1
Beijing evade questions about the specific mission of the high-tech vessel China on Monday said Sri Lanka has allowed its satellite and missile tracking ship...
The UN trade and development body UNCTAD says that in 2021, developing countries accounted for 15 of the top 20 economies when it comes to the share of the population that owns cryptocurrencies

In India, 7.3% of the population owned digital currency in 2021, the Seventh highest...

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Global use of cryptocurrencies has increased exponentially during Covid pandemic, says a report Even after the repeated warning from the Reserve Bank of India (RBI)...
India’s silent but effective strong-arm diplomacy keeps China at bay - for now

India ensures Chinese spy ship does not dock at Sri Lanka – But for...

R Rajagopalan - 1
Narendra Modi's silent diplomacy arm twisting of Sri Lanka Ranil Wickramasinghe's visit to India was on hold till he relented “Rs.25000 crores of...
It is going to be a tough 2022 - and possibly an even tougher 2023, with increased risk of recession

World faces increasing risk of recession in next 12 months, warns IMF

PGurus Newsdesk - 0
Global economic outlook has 'darkened significantly': IMF The outlook for the global economy has "darkened significantly" in recent months, the head of the International Monetary Fund...
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