Global economy gets COVID-19 shot from US stimulus: UNCTAD

Mar 18, 2021

Geneva [Switzerland], Mar 18 : The global economy is set to grow by 4.7 per cent this year, faster than predicted in September (4.3...

Biden announces USD 1.9 trillion stimulus Covid-19 'American Rescue Plan'

Jan 15, 2021

Washington [US], January 15 : US President-elect Joe Biden on Thursday (local time) announced a USD 1.9 trillion plan to revive the country's economy...

Decline in loan to deposits ratios in banks is because of lower money creation by RBI and substantial increase in banks profits: Nomura

Aug 26, 2024

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI over the fiscal year 2023-24....

Global bank credit losses for banks may total $1.8 trillion: S&P

Feb 03, 2021

Singapore, February 3 : S&P Global Ratings on Wednesday lowered its forecast of credit losses for banks globally at 1.8 trillion dollars in 2020...

Pakistan's total debt surges to Rs 12 trillion in first quarter

Nov 18, 2022

In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillion which is more than the same period of...

Pakistan's debt mounts over USD 15 billion, breaking previous year's record

Dec 19, 2021

Islamabad [Pakistan], December 19 : Shattering the previous record of 10.45 billion US dollars, Pakistan took out 15.32 billion US dollars in new foreign...