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Pakistan seeks $10 billion US currency lifeline after Iran war mediation role: Report
1+ mon, 3+ week ago (859+ words) Pakistan has asked the United States for a $10 billion exchange stabilisation facility as Islamabad seeks to shore up its foreign exchange reserves and ease pressure on its cash-strapped economy, Reuters reported, citing a source familiar with the matter. The request…...
India's wholesale inflation rises to 9.87% in June as food prices drive fresh surge
2+ mon, 4+ hour ago (710+ words) India’s wholesale inflation accelerated to 9.87 per cent in June, nearing double digits as rising food prices offset easing energy costs, according to government data released on Tuesday. The latest reading was higher than 9.68 per cent recorded in May and also…...
Silver economy, AI reshape global workforce; India signs 28 mobility pacts: Jaishankar
2+ mon, 2+ week ago (244+ words) External Affairs Minister Dr. S. Jaishankar on Tuesday said India has signed 28 Migration and Mobility Partnership Agreements (MMPAs), or their equivalents, with 26 countries, while negotiations are underway with several others as New Delhi deepens global cooperation on the movement of skilled…...
India top recipient of remittances with $137 bn flowing into the country in 2024, says UN report
4+ mon, 1+ week ago (407+ words) India continued to dominate global remittance inflows in 2024, receiving more than $137 billion from its overseas population, far ahead of other major economies, a United Nations migration report said. According to the World Migration Report 2026, India has consistently ranked as the…...
Iran war: Why are wealthy Indians moving their money to Singapore?
6+ mon, 1+ week ago (755+ words) Soon after the first Iranian missile and drone attacks on Dubai last week, two Indian entrepreneurs based there tried to move more than $100,000 (around Rs 91 lakh) each from their local bank accounts to Singapore to hedge risk. Technological glitches in…...