World Bank funding boost for Pakistan: $700 million tranche approved under multi-phase plan – check details

The World Bank has approved $700 million in fresh financing for Pakistan as part of a longer-term programme aimed at supporting macroeconomic stability and improving public service delivery.As per Reuters, the funding has been cleared under the Public Resources for Inclusive Development – Multiphase Programmatic Approach (PRID-MPA), a framework through which Pakistan could receive up…

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Short-term loan dependence puts Pakistan’s economic stability at risk

Representative image (AI) The economy of Pakistan is in a risky state due to its over-reliance on short-term foreign loans, according to business leaders and economists. Key figures are calling for urgent negotiations with friendly nations to extend loan repayment periods and implement structural reforms, as reported by Express Tribune.Vice chairman of the Pakistan industrial…

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India-US trade deal: Pact puts auto parts exporters in driver’s seat

NEW DELHI: India’s auto component industry is set for a significant boost following the India-US trade deal, with the agreement providing preferential tariff treatment for Indian auto parts exports, including zero-duty access for some products. The joint statement said India will receive a preferential tariff rate quota for automotive parts currently covered under US national…

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‘Rahul ji himself says daro matt…’: Ex-MLA Mohammed Moquim’s first reaction after Congress expulsion; what he said | India News

NEW DELHI: Former Congress MLA Mohammed Moquim reacted to his expulsion from the party on Monday, defending his move to write to Sonia Gandhi expressing dissatisfaction with the party leadership, citing recent electoral losses. He cited Rahul Gandhi’s suggestion of “daro matt (don’t be scared)” and said that he had “told the truth to the…

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Bangladesh election results: PM Modi congratulates BNP’s Tarique Rahman on ‘decisive victory’ | India News

NEW DELHI: Prime Minister Narendra Modi on Friday congratulated Bangladesh Nationalist Party (BNP) chief Tarique Rahman on his party’s “decisive victory” in the country’s parliamentary elections, and affirmed India’s continued support for a “democratic, progressive and inclusive” Bangladesh.“I convey my warm congratulations to Mr. Tarique Rahman on leading BNP to a decisive victory in the…

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