• 04 October, 2022
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Pak Cabinet approves ordinance to bypass procedures for emergency sale of state’s assets to foreign countries to prevent default

Islamabad, Jul 23 (PTI) Cash-strapped Pakistan's Cabinet has approved an ordinance to bypass all procedures and abolished regulatory checks for the emergency sale of state’s assets to foreign countries, according…

Eighth India-Armenia IGC Meeting at Yerevan

The 8th session of the India-Armenia Intergovernmental Commission on Trade, Economic, Scientific and Technological, Cultural and Educational Cooperation (IGC) was held in Yerevan on 04 July 2022. Foreign Minister H.E.…

Green Hydrogen Is Critical to India’s Economic Development and Net-Zero Ambitions: NITI Aayog Report

A new report released today by NITI Aayog highlights that green hydrogen can substantially spur industrial decarbonisation and economic growth for India in the coming decades. The report was launched…

Fitch downgrades Sri Lanka to “restrictive default”

Colombo, May 20 (PTI) New York-based ratings agency Fitch has downgraded debt-ridden Sri Lanka’s sovereign rating to “restricted default” after the country defaulted on making international sovereign bond payments at…

New Lanka PM Wickremesinghe wants to privatise SriLankan Airlines as part of steps to revive economy

Colombo, May 16 (PTI) Sri Lanka's new Prime Minister Ranil Wickremesinghe on Monday said he proposed to privatise the national carrier SriLankan Airlnes as part of his plan to help…

Shanghai targets June COVID lockdown exit as China economy slumps

By Brenda Goh and Kevin Yao SHANGHAI/BEIJING (Reuters) -Shanghai set out plans on Monday for the end of a painful COVID-19 lockdown that has lasted more than six weeks, heavily…

Centre working to strengthen defence capabilities, says Rajnath

Mumbai, May 7 (PTI) Union Minister Rajnath Singh on Saturday said the Centre has brought defence and economic growth on a single platform and was working to strengthen capabilities. He…

FM meets IMF DMD Gita Gopinath; discusses wide range of issues

New Delhi, Apr 21 (PTI) Finance Minister Nirmala Sitharaman on Thursday met First Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, and discussed a range of issues, including…

FM Sitharaman calls for proactive collective efforts towards protecting economies at G20 FMCBG meet in US

Washington, Apr 21 (PTI) Global growth momentum is dampened by prolonged inflation, supply chain disruption, volatility in energy markets and investor uncertainty, Finance Minister Nirmala Sitharaman has said as she…

Global financial leaders discuss debt crisis in US in wake of Sri Lankan problem

Washington, Apr 21 (PTI) Sri Lanka’s bitter debt crisis experience has emerged as one of the major topics of discussion among the global financial leaders who have gathered here for…

FM Sitharaman meets IMF chief, discusses impact of recent ‘geopolitical developments’ on global economy

Washington, Apr 19 (PTI) Finance Minister Nirmala Sitharaman on Tuesday held talks with IMF chief Kristalina Georgieva during which they voiced concern over the impact of the recent "geopolitical developments"…

US and its allies target Putin’s daughters, Russian banks in new sanctions

Washington, Apr 6 (PTI) The US along with G-7 and the European Union on Wednesday announced a series of additional sanctions targeting Russian President Vladimir Putin's two adult daughters, Foreign…