China’s recent move to impose export restrictions on certain metals commonly used in semiconductors, electric vehicles, and high-tech industries has escalated tensions with the United States and raised the potential for disruptions in global supply chains.

The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement for the provision of $3 billion in bailout funds under a Stand-By Arrangement (SBA). This agreement comes as an alternative to Pakistan’s Extended Fund Facility (EFF) program, which was initiated in 2019 and is set to expire soon. The IMF board is set to convene in mid-July to approve the staff-level agreement. Here are key facts about the agreement, outlining the challenging reforms, additional funding, and the importance of staying the course.

Deepak Jasani, the Head of Retail Research at HDFC Securities, remarked, “U.S. stocks concluded Tuesday on a positive note, primarily driven by the stellar performance of mega tech stocks. The

During a personal hearing held on June 16, Tata Sons steadfastly asserted that the tax demand was baseless, arguing that no goods and services tax should be imposed on liquidated

In a statement released on a fine Wednesday, the World Bank declared that this substantial funding would play a pivotal role in empowering the state to fortify its renewable energy

The growth projection is in comparison to the 7.2% GDP growth in FY23. The economy had expanded by 9.1% in the preceding fiscal year (FY22). On June 22, Fitch Ratings increased its prediction for India’s economic growth to 6.3% for the current fiscal year 2023–2024 from its earlier projection of 6%.

The upcoming summit in Paris, where Premier Li Qiang of China and global leaders will convene, endeavors to tackle the predicament of debt burdens faced by economically disadvantaged nations and explore avenues for climate financing.

Goldman Sachs Group Inc. has reduced its projections for China’s economic growth, citing the Asian country’s limited alternatives for increasing stimulus. Bloomberg stated that the bank cut its forecast for China’s GDP growth this year to 5.4% from 6% earlier.