The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme’s fiscal, external, and reform goals, according to a media report on Sunday.
India hiring sees 11% surge in July, says Report
Hiring activity in India saw an 11 per cent yearly increase in July compared to the same period last year, with retail and telecom jobs taking the lead, according to a report on Wednesday.
Biden backs Kamala Harris for President, says report
US President Joe Biden reaffirmed Vice President Kamala Harris’s qualifications for the presidency during a high-stakes press conference on Thursday.
India’s GDP growth is positive, says report
India offers the best structural growth story among the large economies, global brokerage UBS said. “Combined with political stability and supportive government policies, India remains in a favourable position
Equity derivatives growth in fast-lane, says report
India is the third-largest market in terms of cash market volumes and the largest market for equity derivatives. Surge in investor participation and sachetization of equity derivatives has lifted derivatives volumes to 20-30x
Power consumption grows in India, says report
India’s electricity consumption grew nearly eight per cent to about 847 billion units (BU) in the first half of this fiscal year from April to September, showing an uptick in economic activities in the country.
RBI may hike 25-50 basis points, says report
The Reserve Bank of India’s (RBI) rate-setting committee is likely to hike 25-50 basis points in repo rate in the monetary policy meeting to be held between August 3-5, according to the estimates of various fund managers and economists
