Search Results for: International Monetary Fund

Pakistan seeks emergency $3bn Saudi cash injection

PAK's forex reserves fall to critically low level; seems $3 billion cash injection from Saudi [details]

Pakistan has requested Saudi Arabia to urgently provide $3 billion in cash after its foreign exchange reserves fell to a critically low level, as the new army chief was also expected to play a role in bagging the bailout during his upcoming maiden visit to the kingdom.

Dec 8, 2022

Homegrown VC firm Blume Ventures closes its 4th fund at over $250 mn

Unacademy, Zomato-backer Blume Ventures raises over $250 million; its largest-ever fund [details]

Homegrown venture fund Blume Ventures, which focuses on early-stage technology-led startups, on Wednesday announced it has closed its Fund IV at over $250 million, bringing the firms asset under management (AUM) to over $600 million.

Dec 7, 2022

How to choose your first broker, a beginners guide

Dailytrading.com suggests 'If you are a trader looking for quick gain and make trade execution for short-term trade executions then you should look for a broker with very low executions fee.

Dec 7, 2022

RBI hikes repo rate by 35 basis points to 6.25%, expects inflation to remain high

Reserve Bank of India Governor Shaktikanta Das announced 35 basis points rake hike in its bi-monthly monetary policy meeting today. The rate hike was primarily aligned with market expectations of a 25-35 basis points hike. The repo rate now stands at 6.25% from 5.90%.

Dec 7, 2022

Female drug trafficker arrested from Jammu was in touch with Pakistan-based handlers [details]

The family of the arrested female narcotics smuggler was involved in cross-border narco-terrorism. Her husband and brother-in-law were already in police custody for their involvement in cross narco-terrorism module.

Dec 6, 2022

Digital transformation spending in India to reach $85 bn by 2026; here's how [Explained]

The spending on Digital Transformation in India is expected to reach $85 billion by 2026 as domestic firms gear up to increase efficiency by bringing down operation costs, improving their security capabilities against risk and delivering better customer experience via tech-enabled digital transformation, according to International Data Corporation (IDC) report.

Dec 6, 2022

Saudi's first-ever Yogasana Sports Championship concludes in Jeddah

Saudi's first-ever Yogasana Sports Championship in Jeddah a grand success; see photos

A perfect example of burgeoning yoga awareness in Saudi Arabia is the success of the Kingdom's first-ever Yogasana Sports Championship held in Jeddah last week.

Dec 6, 2022

Morgan Stanley raises index targets for Asia and emerging markets

Investment advisory firm Morgan Stanley has raised Asia and emerging market (EM) index targets in its latest report titled "Asia Emerging Markets Strategy: New Bill Run Market Continues", which was released on Monday.

Dec 6, 2022

Stock market opened on sluggish note on the back of better-than-expected US job report, Indian investors wait for MPC outcome

Indian benchmark indices continue to tumble as investors wait for the outcome of the MPC meeting that began on 5th December and will be concluded on 7th December. BSE Sensex continues to trade 250-300 points lower after opening at 62,395 points and NSE Nifty-50 also remains well below the 18,700 mark after opening at 18,600 points.

Dec 6, 2022

Woman duped of money by conman posing as bank official

An elderly woman and her friend in Lucknow were duped of ornaments worth Rs 1 lakh and cash by a conman who posed as a bank official.

Dec 6, 2022

Interview with Dinesh Sharma, Business Head, Commercial PC and Smartphone, System Business Group, ASUS India

Asus has big ambitions for enterprise; can it drive disruption in B2B space [Interview]

Dinesh Sharma, Business Head, Commercial PC and Smartphone, System Business Group, ASUS India, speaks to IBTimes about the company's vision to become the most admired and leading technology enterprise.

Dec 6, 2022

Baby clothing brand Little Bams wants "fair complexion" baby models; trolls parents [details]

In a shocking turn of events, a Bengaluru startup clothing brand for babies Little Bams sought baby models with "fair complexion" and stood by the ad despite parents' calling out discrimination based on skin colour.

Dec 5, 2022

India deepens trade ties with Australia; exporters gear up, excited for "dawn of new era" [In-depth]

India and Australia signed Economic Cooperation and Trade Agreement (ECTA) on 2nd April 2022 and committed to producing conducive results by the end of the year. Commerce and industry minister Piyush Goyal described the implementation of the free trade pact as "the dawn of a whole new era."

Dec 5, 2022

RBI's MPC meeting this week: Takeaways can be more than repo rate hike

Apart from the decision on the repo rate hike by the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) at its upcoming meeting, one can also expect few more things post the discussions.

Dec 5, 2022

Samsung Electronics appoints its 1st woman president.

Samsung Electronics appoints its first woman president

Samsung Electronics on Monday promoted a female executive to the president of global marketing for its mobile business, in the first move to tap a female talent for the top post.

Dec 5, 2022

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Search Results for: International Monetary Fund

PAK's forex reserves fall to critically low level; seems $3 billion cash injection from Saudi [details]

Unacademy, Zomato-backer Blume Ventures raises over $250 million; its largest-ever fund [details]

How to choose your first broker, a beginners guide

RBI hikes repo rate by 35 basis points to 6.25%, expects inflation to remain high

Female drug trafficker arrested from Jammu was in touch with Pakistan-based handlers [details]

Digital transformation spending in India to reach $85 bn by 2026; here's how [Explained]

Saudi's first-ever Yogasana Sports Championship in Jeddah a grand success; see photos

Morgan Stanley raises index targets for Asia and emerging markets

Stock market opened on sluggish note on the back of better-than-expected US job report, Indian investors wait for MPC outcome

Woman duped of money by conman posing as bank official

Asus has big ambitions for enterprise; can it drive disruption in B2B space [Interview]

Baby clothing brand Little Bams wants "fair complexion" baby models; trolls parents [details]

India deepens trade ties with Australia; exporters gear up, excited for "dawn of new era" [In-depth]

RBI's MPC meeting this week: Takeaways can be more than repo rate hike

Samsung Electronics appoints its first woman president

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]