Latest News, Updates & Breaking Headlines
IMF on Monday approved a disbursement of around $1.2 billion to Pakistan, lifting the country’s total inflows under the Extended Fund Facility and the Resilience and Sustainability Facility to roughly $3.3 billion. The IMF Executive Board cleared the payment during its meeting in Washington, citing the country’s efforts in macroeconomic reforms.Pakistan remains heavily reliant on…
MUMBAI: Microfinance must now shift from basic access to delivering long-term income stability for borrowers and a clear pathway to formal credit, the RBI said. The central bank has warned that the sector’s recent regulatory freedom can become a liability if lenders do not uphold responsible conduct.Speaking at a microfinance industry network event during the…
The Indian rupee could come under further strain this week, with traders watching whether the currency edges closer to 90 per US dollar amid limited signs of strong central bank intervention. The rupee touched a record low of 89.49 on the previous Friday and slid 0.8 per cent over the week, driven by portfolio outflows,…
Chirag Paswan, Nitish Kumar and Maithili Thakur (Images/Agencies) NEW DELHI: Bihar’s 2025 verdict was at once predictable and surprising. Predictable because as usual the NDA retained the power and Nitish Kumar is once again expected to retain the CM chair. Surprising because new, youthful faces such as Chirag Paswan and Maithili Thakur played decisive, complementary…
NEW DELHI: The National Democratic Alliance (NDA) registered a decisive victory in the 2025 Bihar Assembly elections. The alliance won 202 seats in the 243-member assembly, with the Bharatiya Janata Party (BJP) emerging as the single largest party with 89 seats, closely followed by the Janata Dal (United) (JDU) at 85 seats. The Lok Janshakti…
Canada unveiled its new Immigration Levels Plan for 2026–2028 early Wednesday morning (India time), confirming that the country will hold steady the intake of permanent residents and admit 3.80 lakh annually over the next three years. However, it has sharply curbed the number of temporary residents—especially international students. To illustrate, the immigration levels plan unveiled…
Morgan Stanley MD Ridham Desai (File photo) Morgan Stanley’s MD Ridham Desai, one of India’s most closely watched equity strategists, says his bullish stance on Indian markets is rooted in structural changes that have transformed the economy’s fundamentals over the past decade.Speaking at the Business Standard BFSI Summit, Desai — who has now been bullish…
File photo: Malaysian PM Anwar Ibrahim and PM Modi Malaysian Prime Minister Anwar Ibrahim on Sunday said that Asean’s partnership with India continues to be a “force for stability and mutual prosperity”, as both sides push to finalise the Asean–India Trade in Goods Agreement (AITIGA) by the end of this year.Speaking at the India–Asean annual…
Today calls for stillness. You may feel tempted to act quickly or explain yourself, but the answers you are looking for will come from within. There is wisdom in silence today. Step away from the rush and allow your thoughts to settle. You may notice that a decision you’ve been trying to make starts becoming…
India, the world’s largest importer of cooking oil, needs a predictable and transparent multi-year tariff framework for edible oils to end a decade of policy volatility that has distorted prices and discouraged investment, a new study has found.The research titled “Tariff Volatility and Stakeholder Dynamics in India’s Edible Oil Sector” — jointly conducted by the…
