Economy - India Daily Digital

IMF rescue package boosts Pakistan stock market

Pakistan secured a badly-needed $3 billion short-term financial package — subject to approval by the IMF board in mid-July…reports Asian Lite News Pakistan Stock Exchange (PSX) Monday witnessed a bullish trend as

July 4, 2023

-Top News·Asia News·Economy

SC strikes down Biden’s student loan debt relief plan

The decision in the court was 6-3 with Chief Justice John Roberts writing for the supermajority….reports Asian Lite News The US Supreme Court dealt a blow to Joe Biden administration’s student loan

July 2, 2023

-Top News·Economy·USA

No more loan programmes, Shehbaz decides

Sharif said it was not a “moment of pride but a moment of contemplation”, questioning whether nations developed on the back of loans….reports Asian Lite News Pakistan Prime Minister Shehbaz urged that

July 2, 2023

-Top News·Asia News·Economy

Crisis-hit Pakistan, IMF agree on $3 billion stand-by aid

The $3 billion funding, spread over nine months, is higher than expected for Pakistan….reports Asian Lite News After an eight-month delay, the Pakistan government and the International Monetary Fund (IMF) have finally

June 30, 2023

-Top News·Asia News·Economy

IMF deal very close: Pak Finance Minister Ishaq Dar

The agreement, which would be subject to approval by the IMF board, has faced an eight-month delay….reports Asian Lite News Pakistan Finance Minister Ishaq Dar has said a staff-level agreement for a

June 30, 2023

-Top News·Asia News·Economy

IMF lauds UAE’s positive economic outlook

IMF says the UAE continues to enjoy a positive economic outlook, bolstered by robust domestic activity. The overall Gross Domestic Product (GDP) is projected to expand by 3.6 percent in 2023….reports Asian

June 27, 2023

-Top News·Economy·UAE News

IBM buys Apptio for $4.6 bn

The acquisition will accelerate the advancement of IBM’s IT automation capabilities and enable enterprise leaders to deliver enhanced business value across technology investments….reports Asian Lite News Tech major IBM on Monday announced

June 27, 2023

Business·Economy

How monsoons influence market sentiments

Leaving aside the simile that markets have cooled off with the onset of monsoon, the fact remains that monsoon was delayed. Did it impact the markets? Certainly not, as is scaled new

June 26, 2023

Business·Economy

‘21st century economic growth will be slower than expected’

Burgess and his colleagues used two economic models to project how much the global economy will grow over the next century…reports Asian Lite News Global future economic growth will be slower than

June 26, 2023

Business·Economy

IMF asks Pakistan to revisit budget

Pakistan and the IMF are making efforts to evolve a broader agreement on the budgetary framework which, if struck, could pave the way for approval of the budget for 2023-24 with revisions…reports

June 25, 2023

-Top News·Asia News·Economy

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