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International Monetary Fund And Asian Development Bank

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Vehemently opposed ADB's loan to Pakistan: Govt sources

India had vehemently opposed Asian Development Bank's decision to grant $800 million loan to Pakistan saying the fund could be misused for increasing expenditure on its military, government sources......

Pakistan Boosts Military Spending By 20%

India has decided to submit a dossier at the upcoming Financial Action Task Force (FATF) meeting, calling for Pakistan to be placed back on the grey list of the global money laundering and......

Pak will remain on its terror 'grey list': FATF

Pakistan will remain on the 'grey list' of the Financial Action Task Force (FATF) until it further demonstrates that action is being taken against Jamaat-ud-Dawah chief Hafiz Saeed and......

Pak out of FATF grey list after 4 years, big relief to cash-strapped country

After four years, Pakistan has been taken off from the infamous grey list of Financial Action Task Force, the global watchdog on terror financing and money laundering, in the wake of Islamabad's......

Terror financing watchdog decides to keep Pak in 'Grey' list

The FATF continuing Pakistan in the 'Grey' list means its downgrading by the International Monetary Fund, the World Bank, the Asian Development Bank, the European Union and also a......

Fitch raises India's FY26 GDP forecast to 6.9%

Fitch Ratings on Wednesday raised India's GDP growth forecast to 6.9 per cent for current fiscal year, from 6.5 per cent earlier, citing strong June quarter growth and domestic consumption-led......

Higher US tariffs may trim GDP growth by 30 bps: Barclays

The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect......

New Development Bank: A good move for infrastructure financing

Any additional effort to assuage the growing worldwide hunger for infrastructure funding is more than welcome, says Barun Roy.  There's no reason to be euphoric, as some people in their......

World Bank ups India growth forecast to 7% for FY25

The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent from an earlier projection of 6.6 per cent in the current fiscal, helped by recovery in the agri sector and......

Millennium Development Goals? Asian nations fail

Most south Asian nations will fall short on the Millennium Development Goals, a set of eight globally agreed development goals due to be achieved by 2015, a study by the World Bank and......

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