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Pakistan’s foreign exchange reserves are nearing the government’s $18 billion target for FY26, but a widening trade deficit, mounting external payment obligations and pressure on the rupee are raising concerns about the country’s economic stability, PTI reported.Data released by the State Bank of Pakistan (SBP) showed the country’s foreign exchange reserves increased by $43 million…
The Centre achieved its fiscal deficit target of 4.4 per cent of GDP for 2025-26, according to provisional data released by the Controller General of Accounts (CGA) on Monday, marking an improvement from the previous financial year’s deficit level, PTI reported.The fiscal deficit for FY26 was estimated at Rs 15,68,936 crore in the Budget and…
NEW DELHI: Activist Sonam Wangchuk on Saturday acknowledged a “positive step” between Ladakh representatives and the Centre, though he warned that trust-building in the region remained incomplete amid unresolved protest-related cases from the last year and institutional issues.In an interview with PTI, Wangchuk said optimism had improved after the recent meeting with the Union home…
NEW DELHI/MUMBAI: Amid a depreciating rupee, commerce and industry minister Piyush Goyal on Thursday said govt is considering several measures to contain the widening current account deficit (CAD). “We are monitoring the situation. All the various arms of the govt are working as a team. Several steps are under consideration. The situation globally is quite…
India’s current account deficit (CAD) is likely to widen sharply to 2.3 per cent of GDP in FY27 from 0.9 per cent in FY26 amid elevated oil prices and external sector pressures, according to a report by foreign brokerage HSBC, PTI reported.The report also projected the balance of payments (BoP) deficit to widen to $65…
India’s trade with Brics countries gathered pace over the past five years, making the bloc a significant part of the country’s imports. However, this growing trade also reflects a bigger problem: India is relying more on imports from the bloc, pushing its trade deficit higher.A report by Rubix Data Sciences said India’s bilateral trade with…
NEW DELHI: Higher petroleum prices propelled India’s exports to $43.6 billion, the highest monthly level in over four years, showing a 13.8% growth, which is fastest in five months. Imports rose at a more moderate pace of 9.9% to $71.9 billion, resulting in a trade deficit of 28.3 billion, a three-month high.Oil product exports jumped…
India’s merchandise trade deficit widened sharply to $28.38 billion in April as imports rose 10 per cent year-on-year despite a steep decline in inbound shipments from Middle East amid continuing geopolitical disruptions.Government data released on Friday showed India’s imports increased to $71.94 billion in April from $65.38 billion in the year-ago period, while exports stood…
Bangladesh: Mahmudul Hasan Joy, Shadman Islam, Mominul Haque, Najmul Hossain Shanto (c), Mushfiqur Rahim, Litton Das (wk), Mehidy Hasan Miraz, Taijul Islam,Taskin Ahmed, Nahid Rana, Ebadot Hossain Pakistan: Imam-ul-Haq, Azan Awais, Abdullah Fazal, Shan Masood (c), Saud Shakeel, Mohammad Rizwan (wk), Salman Agha, Shaheen Afridi, Noman Ali, Hasan Ali, Mohammad Abbas Source link
CM MK Stalin and Rahul Gandhi (R) (File photo) NEW DELHI: Elections in India are fought as much through images in public view as through ideas and manifesto promises. In the 2026 assembly elections, where Congress depends on its allies in states like Tamil Nadu, Rahul Gandhi‘s approach to coalition politics raises questions about whether…
