Finance minister Nirmala Sithraman is open to considering further measures to stimulate the economy, following on from various booster programmes that have been announced since March. The finance ministry may also issue an assessment of the economic situation along the lines of the Reserve Bank of India (RBI), she said. “I have not closed the … Read more
The guardians of the global economy will gather this week under the cloud of the worst recession since the Great Depression, and a recovery dependent on scientists finding a coronavirus vaccine. The International Monetary Fund and World Bank will hold their annual meetings, with both calling on the Group of 20 largest economies to extend … Read more
New Delhi: World’s biggest oil producer and exporter Saudi Arabia is yet to renew an agreement with Pakistan that allows oil supplies on deferred payments after that pact expired two months back. An agreement between Pakistan and Saudi Arabia for provision of $3.2 billion worth of oil on deferred payments per annum has expired two … Read more