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
Centre cuts timeline for public grievance redressal to 21 days

Centre Slashes Public Grievance Redressal Timeline from 30 to 21 Days

The Indian government has issued comprehensive guidelines to reduce the timeline for public grievance redressal to 21 days from the previous 30 days. This development was announced on August 27, 2024, and is expected to bring about a significant change in the way public grievances are handled in the country. Aug 27, 2024
'Har Ghar Tiranga' brought whole country together: PM Modi

'Har Ghar Tiranga' brought whole country together: PM Modi

Prime Minister Narendra Modi, in his 113th 'Mann Ki Baat' address on Sunday, celebrated the overwhelming success of the 'Har Ghar Tiranga' and 'Pura Desh Tiranga' campaigns during this year's Independence Day celebrations. Aug 25, 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
market

US Rate Cut Fuels Optimism in Indian Stock Markets

The anticipated US rate cut is expected to boost the Indian stock market and various sectors like IT, BFSI, automotive, and real estate. The Indian markets have been on a recovery rally, influenced by positive US economic data and global cues. Aug 24, 2024