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India's forex reserve declined due to dollar appreciation: FM
She made the remarks while addressing the International Monetary Finance Committee (IMFC) during…
PTI
India's external debt of $620bn is sustainable: Finance Ministry report
In a recent report, the Department of Economic Affairs said the country's external debt continue…
India's external debt rose 8.2% in 2021-22 to $620 billion
India's external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared t…
World's poorest countries witness 9.5% increase in external debts, says World Bank
The total external debt of the world's poorest countries increased by 9.5 per cent to a record $744…
Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt
Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…
PTI
Putin has spent years championing the idea of de-dollarization — but a new reality is setting in
The Russian president said the BRICS group is trying to resolve payment issues with national curren…
Huileng Tan
India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%
The OECD report projects stable economic growth for emerging G20 economies, including India. India'…
Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP
Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…
More focused than any other govt: Bill Gates applauds India’s efforts to tackle malnutrition, awards it an 'A'
However, when discussing India’s education sector, he remarked, "I think it probably would rate its…
India's forex reserves sufficient to cover 11 months of projected imports
India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 mo…
ANI
Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar
The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.
Huileng Tan
India pays up $32M annual UN dues, getting place on 'honour roll'
India has paid its annual dues of $32.895 million to the UN's general budget, according to Stephane…
Goldman Sachs sees India current account deficit falling to 1% of GDP this fiscal
Stating that the country's external balances are stronger than expected on the back of strong inflo…
PTI
How Russia has avoided bankrupting itself after 2 years of waging war in Ukraine
Moscow looks poised to continue funding its war for a third year — and wars are expensive.
Huileng Tan
Dollarization is the only way for Argentina to stop its 'death spiral', economist Steve Hanke says
The Johns Hopkins professor echoed the views of Argentina's presidential candidate Javier Milei – w…
Joseph Wilkins
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
India reached moon, hosted G20 Summit, we are begging for funds, laments former Pak PM Nawaz Sharif
Addressing a meeting of his party, PML(N), former Pakistan Prime Minister said that India reached t…
ANI
Argentina needs a recession, not dollarization, to tackle the peso crash, an economist says
Argentina needs a recession - not dollarization - to fix its plunging currency, according to Robin …
Zahra Tayeb
With inflation soaring at 113%, Argentina should mothball its central bank and dollarize, top economist Steve Hanke says
The John Hopkins University professor echoed Argentina's presidential candidate, who also called fo…
Zahra Tayeb
Argentina's top presidential candidate wants to use the US dollar to crush inflation and transform the country's economy
An adviser to Milei said hyperinflation prevents structural reform and that dollarization is "a mea…