Fitch Solutions anticipated that the current cycle of rupee devaluation has not yet ended and that rupee will continue to lose its value against the US dollar, considering the high demand for foreign currency to pay for imports and repay colossal foreign debt.
The World Bank's revision of Indian GDP growth projections from 6.4 per cent to 6.9 per cent in the current fiscal year is one among the many affirmations Indian policies and reforms have received in recent times.
Noida (Uttar Pradesh) [India], January 20 (ANI/NewsVoir): Chetu, a leading provider of world-class software development and support services, has announced the details of the company's growth for the 2022 fiscal year, as well as future projects and partnerships. The company stated that it ex
While responding to a query over the slowdown in clearing visas backlog for Indian tourists, Price admitted that there was a delay but also said, "Our embassy and consulates in India broke their all-time record for the number of student visas issued in a single fiscal year. We have issued
According to the economic outlook, Pakistan's overall fiscal deficit stood at 1.5 per cent of GDP during July-October 2022-23 as compared to 0.9 per cent of GDP last year. The Dawn report said the fiscal deterioration was because of higher expenditure growth on the back of higher markup paym
In the July-November period of the current fiscal year, an 83 per cent rise was seen in the interest cost on the Rs 50 trillion federal government debt stock. And in which, Finance Ministry paid Rs 1.7 trillion in interest cost, up by Rs 763 billion, sources said.
Pakistan's Ministry of Economic Affairs (MEA) said it received about USD 5.115 billion in foreign assistance in 5MFY23 compared to USD 4.499 billion in the same period last year.
On December 24, US President Joe Biden signed into law the National Defense Authorization Act (NDAA) for the Fiscal Year 2023, which contains several provisions to deal with China's growing assertiveness and provide support to Taiwan.
Over 16.67 crore loans involving a sanctioned amount of Rs 9.98 lakh crore have been extended under Pradhan Mantri Mudra Yojana (PMMY) in the last three financial years ending March 2022.
S&P Global Ratings on Monday cut India's economic growth forecast for the current fiscal year ending March to 7 per cent as against 7.3 per cent projected earlier.
On Monday, the Pakistan State Bank issued the latest data, showing the FDI fell to USD 348.3 million in July-October FY23 from USD 726.5 million during the same period of the last fiscal year (FY22), the Dawn newspaper reported.
In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillion which is more than the same period of last fiscal year, accounting for Rs 50.49 trillion.