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News world Pakistan’s Debt Paradox: Loan-Dependent Nation To Chair IMF, World Bank Boards Last Updated:October 16, 2026, 9:55 PM IST Pakistan will chair the IMF and World Bank boards in 2027 as it continues to rely on billions of dollars in financial assistance to support its economy. akistan Prime Minister Shehbaz Sharif. (Photo: Reuters) Pakistan…
News world Pakistan Weighs ‘Petroleum Smart Lockdown’ Amid Spiralling West Asia Conflict | Exclusive Details Last Updated:September 16, 2026, 01:58 IST The sharp surge in global petroleum prices threatens to trigger severe secondary inflation across essential commodities in Pakistan To set a direct precedent within state machinery, the administration is considering grounding up to 50…
1 hour ago copy link Pakistan will get financial assistance of $ 5 billion (about Rs 46,500 crore) from Saudi Arabia and Qatar. This help is coming at a time when the country has to pay 3.5 billion dollars (about Rs 29,000 crore) to UAE by the end of this month. According to Dawn report,…
18 minutes ago copy link Pakistan will get financial assistance of $ 5 billion (about Rs 46,500 crore) from Saudi Arabia and Qatar. This help is coming at a time when the country has to pay 3.5 billion dollars (about Rs 29,000 crore) to UAE by the end of this month. According to Dawn report,…
India’s foreign exchange reserves declined by USD 2.699 billion in the week that ended November 7 to USD 687.034 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India’s latest ‘Weekly Statistical Supplement’ data showed. Over the past month, the forex kitty has been in a downtrend,…
Last Updated:October 21, 2025, 5:36 PM IST The net dollar sale in August stood at $7.69 billion, almost three times higher than in July, marking an aggressive intervention amid pressure on the domestic currency. The rupee weakened by 1.6% against the US dollar in August. The Reserve Bank of India (RBI) offloaded $7.7 billion in…
New Delhi: The record Rs 2.69 lakh crore dividend bonanza by the Reserve Bank of India (RBI) to the government is driven by robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a new report. Notably, the RBI was the top seller of foreign exchange reserves in January…
Last Updated:December 14, 2024, 09:14 IST Forex reserves fall by $3.235 billion to $654.857 billion as foreign currency assets decline by $3.228 billion on constant selling by the Reserve Bank of India. India’s forex reserves had hit an all-time high of $704.885 billion in end-September. India’s foreign exchange (forex) reserves declined by $3.235 billion to…
Last Updated:November 09, 2024, 09:49 IST India’s gold reserves increase by $1.224 billion to $69.751 billion during the week ended November 1; special drawing rights fall by $1 million to $18.219 billion. Foreign currency assets, a major component of the reserves, decreases by $3.902 billion to $589.849 billion. India’s foreign exchange (forex) reserves declined by…
New Delhi26 minutes ago copy link Yesterday’s big news was related to the price of gold and silver. Gold reached its all-time high on Friday, October 4. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs 467 and touched Rs 76,082 for the first…