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Pakistan govt drops petrol bomb on inflation-hit masses to appease IMF for unlocking critical loan tranche

People in Pakistan woke up on Thursday to the shock of a historic price hike in the prices of petrol and gas as the...

India is Sri Lanka’s biggest friend in time of crisis, says PM Dinesh Gunawardena

Sri Lanka‘s Prime Minister Dinesh Gunawardena has said that India is the biggest friend of the island nation in times of crisis. Sri Lanka...

Expecting slowdown in Indian economy to 6.1 pc in 2023 from 6.8 pc in 2022, says IMF

The International Monetary Fund (IMF) on Tuesday said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth...

IMF sees India as ‘bright spot’ in global economy

PNS | Indore Modi lauds country's strong macroeconomic fundamentals Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot"...

Third of the global economy will be in recession this year: IMF

International Monetary Fund (IMF) chief Kristalina Georgieva has warned that a third of the global economy will be in recession this year and 2023...

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