India’s coal imports fell by 7.9 per cent, totalling 243.62 million tonnes (MT), compared to 264.53 MT during the just-concluded financial year 2024-25, the Ministry of Coal said in a …
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India’s coal imports fell by 7.9 per cent, totalling 243.62 million tonnes (MT), compared to 264.53 MT during the just-concluded financial year 2024-25, the Ministry of Coal said in a …
Central banks world over are increasingly accumulating safe-haven gold in their foreign exchange reserves kitty, and India is no exception. The share of gold maintained by the Reserve Bank of …
India’s foreign exchange reserves scaled a new high of USD 692.296 billion, jumping by USD 2.838 billion in the week that ended on September 20, as per the data released …
India’s foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to data from the Reserve Bank of India (RBI). The data …
There’s no looking back for India’s foreign exchange reserves as they yet again touched a fresh lifetime high. In the week that ended on July 5, the foreign exchange kitty …
India’s foreign exchange reserves jumped USD 4.307 billion to touch a new lifetime high of USD 655.817 billion during the week that ended June 7, official data from the Reserve …
Pakistan, which is in the midst of an economic crisis, has recorded a 12.7 per cent decline in exports for the July to June period—country’s financial year. During this period, …
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan have once again fallen below the $4 billion mark to $3.9 billion. On May 26, the forex reserves were …
Pakistan’s Finance Minister Ishaq Dar will have to take much of the blame for the country’s deepening economic crisis. The fourth finance minister to assume office in three years, Dar …
Pakistan’s former Finance Minister Miftah Ismail has said that the spendings on education is neither sufficient nor is the amount being judiciously. “India made five institutes of technology within 10 …
The ongoing political turmoil in Pakistan will make it even more difficult for the Shehbaz Sharif government to secure the much needed multilateral and bilateral loans. The inflow of foreign …
The going is getting tougher for multinationals operating in Pakistan, fresh investments will slow down. Along with the economic woes, the deteriorating political and security situation will also be a …
Pakistan’s once robust textile industry, considered the backbone of the economy, is under severe stress as several firms are inching towards default. Many of them have already shut down. The …
In another setback to Pakistan, global ratings agency Moody’s today downgraded the country’s rating to Caa3 from Caa1 as it struggles with depleting foreign exchange reserves and mounting debt levels. …
Hit by acute shortage of imported raw materials, rising prices and sliding currency, Pakistan’s pharmaceutical companies have threatened to halt production as Islamabad continues to fire-fight to stay afloat. This …
Staring at bankruptcy, Pakistan has finally agreed to the stringent conditions of the International Monetary Fund (IMF) for the much awaited $7 billion loan programme to resume. According to reports, …
After Sri Lanka, will Pakistan be the second South Asian nation to participate in the debt restructuring exercise? Amid deepening economic crisis and a stalemate in talks with the International …
Driven by a near collapse of the economy, uncertainty and risks in Pakistan’s political and security have risen further with impending elections intensifying the struggle for power. A shortage of …
After a marginal increase last week, foreign exchange reserves held by Pakistan’s central bank have once again dropped– this time by $923 million to touch an alarming level of $3.67 …
Amid news that the International Monetary Fund (IMF) may resume the stalled loan package, the Pakistani rupee touched an all time low of 255 to a US dollar in the …
As Pakistan is currently staring at one of the worst economic crises in its history, the country’s Finance Minister Ishaq Dar will have to shoulder much of the blame for …
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