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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…
New Delhi: The International Monetary Fund (IMF) said its executive board has approved the seventh and eighth reviews of Kenya’s program, allowing the East African nation to receive 606 million US dollars. The funds will support Kenya’s efforts to rebuild fiscal and external buffers as well as enhance resilience to climate shocks, the IMF…
Islamabad: The International Monetary Fund (IMF) has emphasised the urgent need for policy reforms in Pakistan, highlighting that the country has not kept pace with its regional peers in living standards, according to a report by The News International. The report states that, in recent decades, Pakistan has lagged in income per capita, competitiveness and…
New Delhi: Prime Video Unveils a Charming Slice-of-Life Trailer for Its Tamil Original Series ‘Thalaivettiyaan Palayam’. Directed by Naga, Thalaivettiyaan Palayam is written by Balakumaran Murugesan and produced under the banner of The Viral Fever (TVF). This eight-episode comedy-drama follows the journey of a young boy from the big city who navigates the challenges of…