IMF Boosts Egypt's Economy with $820 Million Aid

IMF Boosts Egypt's Economy with $820 Million Aid Amid Regional Tensions

The IMF has approved a disbursement of $820 million to strengthen Egypt's economy. This aid is part of an $8 billion loan program agreed upon in March to help Egypt deal with regional tensions. Despite Egypt's economic progress, the IMF warns of the challenging regional environment it continues to face. Aug 27, 2024
Systems, L3 Harris, Lockheed Martin, Raytheon Technologies, Rolls-Royce, and Thales. These meetings underscore the growing momentum in India-US relations and defence cooperation. Rajnath Singh was on his four-day visit to Washington at the invitation of U

Rajnath Singh interacts with diaspora in US

On the concluding day of his US tour, Defence Minister Rajnath Singh visited the National Civil Rights Museum in Memphis, Tennessee, where he interacted with members of the Indian diaspora, describing them as a "living bridge" between India and the United States. Aug 26, 2024
US jobless claims data allays fears over economic slowdown

US Jobless Claims Rise Marginally, Fed Rate Cut Expected

US jobless claims marginally increased, easing fears of a sharp economic slowdown. The US Federal Reserve is expected to cut interest rates to stimulate economic growth. Fed Chair Jerome Powell's upcoming speech is anticipated to provide insights into future policy. The potential rate cut could boost global markets, including India's, by attracting foreign investors. Aug 24, 2024
Delhi-NCR

Delhi-NCR Tops APAC Logistics Rental Growth

Delhi-NCR has emerged as a leading player in the Asia-Pacific logistics market, according to a recent report by Knight Frank. The region has been ranked among the top 10 markets for annual rental growth in the first half of 2024. Aug 22, 2024
Kia Niro, electric vehicle

South Korean Automakers Tackle EV Charging Safety Concerns

South Korean automakers are addressing safety concerns following a series of EV fires, debunking myths about EV charging safety. Hyundai and Kia assure their EV batteries are safe even when fully charged, with a battery management system monitoring potential issues. Aug 21, 2024
India records 26 pc jump in FDI flows in first quarter

India records 26 pc jump in FDI flows in first quarter

The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to the same quarter of the previous year, according to the RBI's latest monthly bulletin. Aug 20, 2024