Congo government quits as president prepares IMF talks

Brazzaville, Aug 17 Congo-Brazzaville's President Denis Sassou Nguesso cleared the decks today with the office announcement of the resignation of the government ahead of crucial talks with the...

Aug 17, 2017 11:05 PM | Newsscroll

Saudi king orders Qatar border be reopened to pilgrims: state

mediaRiyadh, Aug 17 Saudi Arabia's King Salman has ordered that the border with Qatar be reopened to allow pilgrims to carry out their annual hajj pilgrimage to Mecca, official state media said...

Aug 17, 2017 4:19 AM | Newsscroll

China's debt on a 'dangerous trajectory': IMF

Beijing, Aug 15 China's massive debt is on a "dangerous" path, raising the risk of a sharp slowdown in growth, the IMF warned today, urging Beijing to speed up structural reforms.The International...

Aug 15, 2017 7:04 PM | Newsscroll

Pakistan could become ineligible for World Bank loans due to its declining foreign reserves

Islamabad [Pakistan], Aug 15 : Pakistan could become ineligible for financial aid from one of the two main arms of the World Bank Group - the International Bank for Reconstruction and...

Aug 14, 2017 6:27 PM | Newsscroll

Forex reserves touch new life-time high of USD 393.448 bn

Mumbai, Aug 11 The country's foreign exchange reserves touched a new life-time high of USD 393.448 billion after rising by USD 581.1 million in the week to August 4 on account of increase in foreign...

Aug 11, 2017 7:48 PM | Newsscroll

Egypt curtails access to subsidised food as part of reforms

Cairo, Aug 9 Egypt today curtailed access to ration cards used by three-quarters of the country's 93 million people to buy subsidised food items the latest in the government's ambitious economic...

Aug 09, 2017 9:44 PM | Newsscroll

China export, import growth weaken in July, dimming outlook

Beijing, Aug 8 China's trade growth weakened in July in a negative sign for growth in the world's second-largest economy and global demand.Exports rose 7.2 per cent from a year earlier to USD 193.6...

Aug 08, 2017 9:58 AM | Newsscroll

Economist Rajiv Kumar to be new Vice Chairman of NITI Aayog

New Delhi [India] Aug 5 : Economist Dr. Rajiv Kumar has been selected as the new Vice Chairman of National Institution for Transforming India (NITI) Aayog on Saturday. Dr Kumar is...

Aug 04, 2017 11:00 PM | Newsscroll

Forex reserves surge to record $392.86 bn

Mumbai, Aug 4 The country's foreign exchange reserves surged by USD 1.536 billion to touch a fresh life- time high of USD 392.867 billion during the week to July 28, helped by rise in foreign...

Aug 04, 2017 7:02 PM | Newsscroll

CPEC a master plan for deep Chinese penetration of Pakistan's economy, says Asia Times

Hong Kong [China], Aug.2 : The over USD 50 billionChina-Pakistan Economic Corridor (CPEC) project appears is a master plan for deep Chinese penetration into Pakistan's economy, many...

Aug 01, 2017 8:32 AM | Newsscroll