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Amid stress from India, the International Monetary Fund (IMF) has given a fund of $ 1 billion to Pakistan. Despite wanting, India could not vote against this bailout package given to Pakistan. However, India opposed the funding citing Pakistan’s bad track record and said that the financial assistance that Pakistan had received earlier also did…
The International Monetary Fund (IMF) on Friday approved a fresh loan of about $1 billion to Pakistan under the ongoing Extended Fund Facility. India registered its protest by abstaining from voting at the crucial IMF meeting, pointing out that rewarding continued sponsorship of cross-border terrorism sends a dangerous message to the global community. According to…
Quick Reads Summary is AI generated, newsroom reviewed. Pakistan claimed the IMF approved a $1 billion bailout, although there’s no official confirmation. Meanwhile, Pak drones have targeted Indian cities for a third straight night, this time injuring civilians. New Delhi: The International Monetary Fund has authorised the “immediate disbursement” of a billion-dollar bailout to Pakistan’s…
New Delhi: India on Friday opposed IMF’s proposal to extend fresh loans of USD 2.3 billion to Pakistan, saying the funds could be misused for financing state-sponsored cross-border terrorism. New Delhi abstained from voting at the crucial International Monetary Fund meeting, whose outcome was not known till the filing of the story. As an active…
Pakistan has sought a $1.3 billion bailout package from the International Monetary Fund. India is seeking a pause on Pakistan’s attempt to get funds, citing Pakistan’s failure to crack down on terror. The IMF will make a decision on the loan at 7:30pm. India’s representative, Parameswaran Iyer, will be on the IMF board for this…
New Delhi: In the wake of a deadly terror attack in Jammu and Kashmir’s Pahalgam last month, India has launched a renewed diplomatic campaign to pressure the Financial Action Task Force (FATF) into placing Pakistan back on its “grey list” and also, cancellation of the IMF loan to Islamabad. If it happens, the designation can damage Islamabad’s already fragile…
New Delhi: India will oppose Pakistan’s case for availing a fresh $1.3 billion IMF loan at an executive board meeting of the multilateral institution to be held on Friday. Foreign Secretary Misri confirmed that India’s executive director, Parameswaran Iyer, will participate in the upcoming IMF board meeting to highlight concerns related to Pakistan as a…
New Delhi: India is making all-out efforts to isolate Pakistan on the international stage, while also working to halt development-related funding and bailout packages from multilateral agencies and nations. Sources told ANI that Finance Minister Nirmala Sitharaman urged Asian Development Bank (ADB) President Masatsugu Asakawa in Milan on Monday to suspend all forms of funding…
In this special pre-Budget discussion from the IIM Nagpur campus, industry leaders and experts speak to NDTV’s Radhika Ramaswamy and analyse how emerging cities like Nagpur are transforming into key business and innovation hubs. The panel delves into expectations from the upcoming Budget, addressing infrastructure, investment, policy reforms, and support needed to accelerate growth. With…
New Delhi: The International Monetary Fund (IMF) retained India’s growth forcastat 6.5 per cent for for fiscal 2026 and fiscal 2027, the global economic body said in its World Economic Outlook report. The IMF added, “In India, growth is projected to be solid at 6.5 percent in 2025 and 2026, as projected in October and…