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A top US lawmaker has said that any IMF loan to cash-strapped Pakistan cannot be just a “convenient way” to repay its debt to China which has engaged many countries in a debt trap. Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out […]
Gold prices Saturday declined by Rs 30 to Rs 32,190 per 10 gram at the bullion market in the national capital on weak demand from local jewellers. Similarly, silver rates dropped by Rs 200 to Rs 38,400 per kg on sluggish demand from industrial units and coin makers. In […]
The International Monetary Fund said that global debt has reached an all-time high of 184 trillion US dollars with the United States, China and Japan accounting for more than half of it. According to the IMF report, the amount in nominal terms, is the equivalent of 225 per cent of […]
Oil prices today slipped after China reported slower economic growth, pointing to lower fuel demand in the world’s biggest oil importer, although market sentiment was supported by supply cuts agreed last week by major crude producers. Brent crude prices, in intra day trade today, were trading around 61 dollars per […]
Inflation based on wholesale prices fell to a three-month low of 4.64 per cent in November, as prices of food articles, especially vegetables, softened. The Wholesale Price Index (WPI)-based inflation stood was 5.28 per cent in October and 4.02 per cent in November last year. According to the […]
Tata Motors Thursday said it will hike prices of its passenger vehicles across models by up to Rs 40,000 from January 1, 2019, to offset the impact of rising input costs and increase in fuel prices. The company’s passenger vehicles portfolio ranges from entry-level small car Nano to […]
Rising for the second straight session, the equity benchmark BSE Sensex Wednesday advanced over 300 points in early trade after former bureaucrat Shaktikanta Das was named as the new governor of the RBI. The 30-share index was trading higher by 324.94 points, or 0.92 per cent, at […]
Benchmark indices pared all early losses to end with robust gains Tuesday as investors shrugged off Urjit Patel’s shock exit from the RBI and dismissed jitters over state election results. The 30-share Sensex climbed 190.29 points, or 0.54 per cent, to end at 35,150.01, after falling over 500 […]
The benchmark BSESensex plummeted 546 points to 35,129, a short while ago. NSE Niftyslumped 164 points to 10,529. The rupee depreciated59 paise to 71.40 against the US dollar in early trade today amid strengtheningUS dollar against some currencies overseas.
The provisional figures of Direct Tax collections for 2018-19 up to November this year show that Gross Collections are at 6.75 lakh crore rupees. This is 15.7 percent higher than the Gross Collections for the corresponding period of last year. Finance Ministry said in a release that refunds amounting to […]
