According to Banga, while the global economy has performed better than expected, it didn't mean it wouldn't face more challenges in the coming year.
According to Treasury Secretary Janet Yellen, bilateral trade between India and US – which hit an all-time high last year – will grow further in the coming years
Banga, who was recently named the President of the World Bank, also said project financing designs could not be re-done at every opportunity and the focus had to move to scaling up ideas that have worked
According to the source, discussions about Russia and Ukraine among G20 members are not affecting progress on other agenda items
According to a source, like UAE, there are talks going on with Indonesia on real-time settlement and trading in local currencies, and the two countries are also talking about linking their fast payment systems.
Finance Minister Nirmala Sitharaman and her Indonesian counterpart Sri Mulyani Indrawati met on the sidelines of the G20 meeting of finance ministers and central bank governors in Gandhinagar on July 16
The US Treasury Secretary's comments come as the G20 discusses the first volume of the report by the expert group led by Larry Summers and NK Singh on reforming multilateral development banks.
More than 1,000 artefacts, including items of vintage and antique value went missing from Sri Lanka’s Presidential Palace and Prime Minister’s official residence at Temple Trees in Colombo after irate anti-government protesters occupied these premises in July last year to protest the island nation’s worst economic crisis in decades.
Days before the IMF executive board meeting to review and possibly endorse the Standby Arrangement (SBA) for Pakistan, a delegation of the global lender met Khan on Friday in Lahore to seek assurance and support for the key objectives and policies under the recently announced USD 3 billion bailout programme, Geo News channel reported on Saturday.
The new rules, signed by Premier Li Qiang and effective on Sept. 1, create a chapter specifically for venture capital funds, as policymakers encourage investment into innovative technology start-ups, said a statement from China’s securities regulator and the justice ministry.
Pakistan is among the top 10 countries highly vulnerable to climate change. Last summer's flash floods killed over 1,700 people and left millions homeless, besides incurring $30 billion in losses to the national economy.
Yellen also discussed Russia's war in Ukraine with her Chinese interlocutors, and said it was "essential" that Chinese firms avoid providing Russia with material support for the war, or in evading sanctions.
NATO leaders meeting in Vilnius, Lithuania, next week are expected to reaffirm that Ukraine will join their alliance one day.
The external affairs minister arrived here on Thursday after visiting Zanzibar. India and Tanzania have traditionally enjoyed close and friendly relations. The visit to Tanzania will further consolidate the relations between our two countries.
As the Israeli government introduced the judicial reforms in the country earlier, protests and hunger strike was going on amid Tel Aviv witnessed a significant number of Israelis rallying through its streets as the police commander of the city announced his resignation. The commander cited political interference from members of Prime Minister Benjamin Netanyahu’s hard-right cabinet, accusing them of advocating for the excessive use of force against anti-government protesters. Watch to know more
Supporters of Khan, also chief of the Pakistan-Tehreek-e-Insaf party, breached the gates of the Pakistan Army's GHQ in Rawalpindi on May 9, dubbed as a ”Black Day” by the powerful military.
Sabry said negotiations have been progressing well with the Chinese as they are believed to hold over 50 per cent of Sri Lanka's external debt.
During the annual rituals which are likely to surpass attendance records, more than two million devotees from 160 nations are likely to visit Islam's holiest venue.
Prices of solar wafers have halved from the year ago period
The Titanic tourist submersible, which vanished during a voyage to the 111-year-old shipwreck at the bottom of the Atlantic Ocean, imploded, and the 5 people onboard are presumed dead. The US Coast Guard said that an underwater vessel has located a debris field near the Titanic in the search for the missing submersible. The 23,000-pound vessel named Titan was owned by OceanGate Expeditions. So, why was it tough to find the Titan sub in 5 days and what safety concerns an ex-OceanGate employee had raised for the Titan vessel in 2018? Watch to find out.
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In one of the initial tweets, she seems to have been inspired by Elon Musk who, according to her, transformed space exploration and eclectic vehicles. Similarly, she wants to improve the global square for communication where people can communicate freely about important things.
Such meetings are organised by the Singapore government and have been discreetly held at a separate venue alongside the security summit for several years
New Delhi will have to work hard to cash in on Modi’s charisma to clinch a trade deal with Australia and strengthen ties with Pacific island nations