The government has struck a $600 million commercial loan deal with a European bank at double-digit interest rate – the highest in the country’s history – to qualify for approval of a $7 billion International Monetary Fund (IMF) bailout package.
The movement for Balochistan’s secession appears to be gaining traction amid ongoing exploitation and repression by Islamabad. Deepening mistrust between the Pakistani state and the Baloch people—fueled by discriminatory policies and heavy-handed governance—seems to be a primary factor behind the heightened discourse on secession.
Thousands of commuters and motorists remained stuck in multiple traffic jams on several key thoroughfares after residents of Punjab Colony and Gizri took to streets and blocked both tracks of the main road leading towards Boat Basin and Sunset Boulevard in protest over prolonged power outages in their area.
The Indian IT sector is poised for strong earnings growth in the coming years, with a projected double-digit earnings per share (EPS) compound annual growth rate (CAGR) of 17.5 per cent from FY24 to FY27, according to a recent industry analysis report by Nirmal Bang Equities.
It might seem surprising, but there’s a growing concern that economic downturns could be contributing to rising obesity rates among youth in China. According to the World Health Organization (WHO), over 37% of China’s population is classified as obese or overweight.
China could seize control of Taiwan’s offshore Kinmen Islands within the next six months, believing that the United States would not take a forceful response to its aggression, according to a new report by American nonprofit research group and advocacy think tank, Institute for the Study of War (ISW).
Italian Prime Minister Giorgia Meloni said on Saturday that India can play a role in resolving the Russia-Ukraine conflict. She made the remarks after meeting Ukraine President Volodymyr Zelenskyy.
The U.S. is assembling an economic and security assistance package for Gabon in a bid to prevent China from establishing a military footprint in the strategically positioned Central African nation, according to people familiar with the matter.
Pakistan has recorded an unprecedented 147 percent spike in terrorism-related incidents in the first eight months of 2024, with 821 terror attacks and 486 fatalities compared to the same period of 2023 in which the country witnessed 555 incidents of terrorism and 305 fatalities.
India’s foreign exchange reserves increased by USD 2.299 billion, reaching a fresh record high of USD 683.987 billion, during the week that ended on August 30, according to data released by the Reserve Bank of India on Friday.
A Chinese social media influence operation is impersonating U.S. voters, denigrating U.S. politicians and pushing divisive messages ahead of the Nov. 5 presidential election in the United States, new research by intelligence company Graphika showed.
New York Governor Kathy Hochul’s former deputy chief of staff has been charged with acting as an undisclosed agent for the Chinese government. The aide and her husband are accused of influencing Hochul’s policies to serve the interests of Beijing, while laundering millions of dollars in the process.
The Chinese real estate market which once was a major contributor to the Chinese economy has reached the lowest share of new-home sales in 18 years as potential home-owners are shying from making purchases as after a string of cash-strapped developers halted construction, Nikkei Asia reported.
The European Commission is working on tighter rules to ensure EU funding for hydrogen projects benefits European companies, after local industries raised concerns over cheap Chinese imports, the EU’s head of climate change policy said on Monday.
CG Corp Global bets big on SL’s recovery and growth
CBSL further eases monetary policy stance
CBSL’s single policy interest rate mechanism comes into effect today
Sri Lanka Economic Summit in January 2025
NPP Govt. should probe killings of Wijeweera, Vijaya - MP
Australian dies after jumping from Crescat in Kollupitiya
Govt. to revise electricity tariff soon, refutes 3-year claim
Military Intelligence chief removed