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1 min read
The IMF is lifting its weighting of the US dollar and Chinese yuan in its basket of special international reserves
The dollar's weighting went up to 43.38% from 41.7%, and the yuan's climbed to 12.28% from 10.92%, …
Brian Evans
2 mins read
China's yuan officially joins the SDR
"The inclusion into the SDR is a milestone in the internationalization of the renminbi, and is an a…
Elena Holodny
3 mins read
Huge challenge lies in front of Raghuram Rajan as banks can still mask bad debts
India's banks are grappling with more than $110 billion of corporate stressed debt, a burden that i…
3 mins read
India to surpass Japan, become world's fourth largest economy worth USD 4 trillion, in FY25: EAC-PM member
India will be a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become …
PTI
1 min read
Argentina used Chinese yuan for part of its payment to the IMF as US dollars remain scarce
To meet maturity payments on its $44 billion debt deal with the IMF, Argentina has previously tappe…
Filip De Mott
3 mins read
When my son was born with cerebral palsy, I thought we'd never play baseball together. After an innovative surgery, we made it happen.
After the surgery, which cut the nerves in his legs, Archer was not only able to walk but play base…
Kelly Burch
4 mins read
2 of my triplets were diagnosed with cerebral palsy. They had spine surgery on the same day to allow them to walk.
The triplets were born at 30 weeks and three days and needed to spend time in the NICU. Both boys h…
Kelly Burch
2 mins read
De-dollarizing global trade is a great move but will take decades to play out says Motilal Oswal
The RBI is aiming to de-dollarize global trade and the Indian economy, Motilal Oswal Financial Serv…
1 min read
India's foreign exchange reserves down by over $760mn
On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $2.094 …
3 mins read
Here are six things you can do on your iPad with the latest iPadOS 16 update
Regarding iPads, here are the generations that will receive iPadOS 16 updates. Before dow…
2 mins read
Russia and China are brewing up a challenge to dollar dominance by creating a new reserve currency
The new BRICS basket-based currency would challenge the US dollar-dominated IMF's basket and allow …
George Glover
2 mins read
The IMF has approved a $650 billion Covid-19 aid package, mainly going to rich countries - but it's urging them to share
The aid is the IMF's biggest-ever distribution of reserves and is meant to support countries strugg…
Sophie Kiderlin
3 mins read
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…
1 min read
Kerala begins to send corona vaccine doses to districts
Thiruvananthapuram, Jan 14 (IANS) Authorities have begun to distribute coronavirus vaccine doses to…
1 min read
Andhra sets up steering panel to chalk out vaccine distribution
Amaravati, Nov 11 (IANS) Andhra Pradesh government has set up a steering committee of 18 members to…
1 min read
Corona vaccine free for poor in MP: CM
Bhopal, Oct 23 (IANS) Madhya Pradesh Chief Minister Shivraj Singh Chouhan has announced that Covid-…
1 min read
India's foreign exchange reserves swell by over $4.8 billion
India's foreign exchange reserves rose by $4.852 billion during the week ended January 29.
1 min read
Apple may launch AirPods 3, mini LED iPad in first half of 2021
San Francisco, Nov 15 (IANS) Apple is reportedly planning to launch a new set of AirPods 3 and a mi…
1 min read
India's foreign exchange reserves rise to over $542 billion
India's foreign exchange reserves rose by $582 million during the week ended September 4.
1 min read
'The Pathless' game lands on Apple Arcade
San Francisco, Nov 15 (IANS) Apple has introduced a new game 'The Pathless' in its growing catalogu…