Singapore global investment and financing solutions provider IFC said on Monday it has appointed Indian national Vikram Kumar as its Regional Industry Director for Infrastructure and Natural Resources in Asia and the Pacific.Kumar will be based in Singapore, where he will begin his new role on...
In Islamabad [Pakistan], Pakistan's Finance Minister Muhammad Aurangzeb expressed confidence that the country will get an expanded loan program with the International Monetary Fund (IMF), adding that it could contribute to macroeconomic stability, Dawn reported.At a press conference in...
Patna (Bihar) [India], Ahead of next year's assembly elections, Union Minister Chirag Paswan asserted that Bihar can only develop with a dual-engine government."This time too, the opposition made a lot of claims in the Lok Sabha elections. What was the actual result? We won most of the seats...
Patna (Bihar) [India], Union Minister Chirag Paswan on Sunday said BJP is the largest party in the NDA, adding that Bihar's long-standing demand for special status will be placed before Prime Minister Narendra Modi."This is not politics of pressure but our demand has been that Bihar should get...
Finance Minister Abul Hasan Mahmood Ali presented the annual budget of Prime Minister Sheikh Hasina's government before Parliament.According to the report of Xinhua news agency, the Parliament passed the budget unanimously by voice vote with some adjustments on the last working day of the...
Islamabad Pakistan Finance Minister Muhammad Aurangzeb on Sunday admitted that people were stressed due to new taxes imposed in the budget after his revenue measures were criticized by almost everyone.His comments came as President Asif Ali Zardari gave his assent to the tax-laden Finance Bill...
New Delhi, seeking more funds to tide over the state's financial woes, Kerala Finance Minister K. N. Balagopal on Sunday said the Center should have a state-specific financial approach instead of a uniform one towards states as each of them has different types of development activities...
Islamabad, Pakistan President Asif Ali Zardari on Sunday gave his approval to the government's tax-laden Finance Bill 2024, which drew harsh criticism from the opposition, which called it an IMF-driven document that was detrimental to the public for the new fiscal year. according to a media...
New Delhi [India], West Bengal Governor CV Anand Bose on Saturday met Union Finance Minister Nirmala Sitharaman and discussed issues of national importance.He also stressed the need to implement “Income Generating Economic Development Programme” for people engaged in fishing sector profession...
Kolkata, Claiming that West Bengal is facing a financial crisis, Governor CV Anand Bose on Saturday called on the Mamata Banerjee government to present a white paper on the financial position of the state.Bose's statement came on the day he met Union Finance Minister Nirmala Sitharaman in New...
Islamabad [Pakistan], The Pakistani government on Saturday expanded exemptions in specific sectors and announced new tax measures in several areas to generate additional revenue in the next fiscal year to meet International Monetary Fund criteria.Pakistan's Finance Minister announced the new...
Shillong (Meghalaya) [India], India and Bangladesh held the 7th meeting of Joint Customs Group at Commissioner level in Shillong on 27-28 June.The meeting was held to foster cooperation, improve efficiency and promote shared objectives in customs administration in order to strengthen...
New Delhi [India], the World Bank on June 29 approved $1.5 billion in financing to accelerate low-carbon energy development in India."The financing will help India promote low-carbon energy by scaling up renewable energy, developing green hydrogen, and stimulating climate finance for...
Nagpur (Maharashtra) [India] After the Maharashtra government presented the state budget, Deputy Chief Minister Devendra Fadnavis praised Chief Minister Eknath Shinde and Finance Minister Ajit Pawar and said that the budget has brought happiness to all sections of the society.Talking to...
Nagpur: Maharashtra Deputy Chief Minister Devendra Fadnavis on Friday highlighted Shiv Sena (UBT) leader Uddhav Thackeray's criticism of the budget, saying Uddhav Thackeray himself had once admitted that he did not understand it.Speaking to reporters at the airport here, Fadnavis said the...
In Glasgow [Scotland], Amjad Ayub Mirza, an activist from Pakistan-occupied Jammu and Kashmir (PoJK), expressed serious concerns regarding the budget for fiscal year 2024-25 presented by the PoJK government.In a video message, Mirza criticized the local administration for what he called a...
Mumbai, Maharashtra Industries Minister Uday Samant has said that the state aims to increase the number of startups to 50,000 from 8,300 at present.He did not give a deadline.Speaking at an event organized by industry lobby group Assocham, Samant also advocated a study on startup mortality...
Islamabad, Pakistan's cash-strapped Parliament on Friday approved a Rs 18,877-crore budget for fiscal year 2024-25, amid protests from the opposition that called it an IMF-driven document that was detrimental to the public.The Finance Bill 2024, which details government expenditure and...
New Delhi, India said on Friday that BRICS nations must ensure that developing countries utilize available carbon space and come together to uphold the principles of equity and common but differentiated responsibilities and respective capabilities (CBDR-RC).Participating in the 10th BRICS...
New Delhi, India and the United States have decided to extend a 2 percent equalization tax or digital tax on e-commerce supplies until June 30, the Finance Ministry said on Friday.In a major overhaul of the international tax system, India and the United States have joined 134 other members of...