- 04 Oct 2023
The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its first review under a $2.9bn bailout package, due to a potential shortfall in government revenue generation, says the lender
The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its first review under a $2.9bn bailout package, due to a potential shortfall in government revenue generation, says the lender
In order to keep the IMF bailout programme on track to guarantee economic stability until an elected administration is formed in the nation, Pakistan is reportedly seeking approximately $11 billion from China and Saudi Arabia
Two separate suicide bombings in Pakistan's dangerous Balochistan and Khyber Pakhtunkhwa provinces resulted in at least 60 fatalities and over 100 injuries
Nearly 1,000 people have died of dengue in Bangladesh this year, in what authorities say is the country's most severe outbreak of the disease yet
Beijing has rejected several of Islamabad’s proposals related to direct investments in multiple sectors under the China Pakistan Economic Corridor (CPEC), including energy, tourism, water management and climate change, minutes of a key panel...
In light of India's solid macroeconomic fundamentals and the anticipated benefits from the "China plus one" policy, Japan's Nomura Group became the most recent major global financial institution to upgrade India's ratings from "neutral" to "overweight"
Sixteen alleged Pakistani beggars disguised as pilgrims were offloaded from a Saudi Arabia-bound flight and arrested for trying to travel to the Gulf Kingdom to indulge in begging, according to a media report
Reliance Infrastructure has won an arbitration award of at least £40.5 million with the Calcutta high court ruling in its favour in a dispute with West Bengal-based Damodar Valley Corp (DVC)
In a boost to the "Make in India" effort, government and industry data revealed that India exported mobile phones worth £4.5 billion between April and August of the current fiscal year (FY24)
International Holding Company (IHC) of Abu Dhabi has decided to leave two Adani group energy companies one year and five months after it checked into them