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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
Nepal bus mishap: India rushes Minister Raksha Khadse to Kathmandu

Nepal bus mishap: India rushes Minister Raksha Khadse to Kathmandu

The Indian government flew Minister of State for Youth Affairs and Sports, Raksha Khadse to Kathmandu on Saturday to meet the passengers injured in Nepal's bus accident that occurred on Friday and oversee the repatriation of the remains of those killed in the mishap Aug 24, 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
Bangladesh Islamist leader's plan of implementing Sharia spells trouble for region

Bangladesh Islamist leader's plan of implementing Sharia spells trouble for region

Fearing Bangladesh could well be the next Pakistan in the making in India's troubled neighbourhood, several scholars and experts on Wednesday severely condemned the recent statements given by Shafiqur Rahman, the radical leader who currently heads Bangladesh Jamaat-e-Islami (BJI), in which he has openly backed implementation of Sharia law in the country. Aug 22, 2024
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