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IANS September 23, 2025 6:16 PM IST
In an unprecedented move, Bangladesh Bank has decided to merge five Islamic banks First Security, Social Islami, Global Islami, Union, and Exim Bank into a new state-owned entity, tentatively named United Islami Bank.
Victor Dasgupta September 23, 2025 8:23 AM IST
In addition, loans worth another 3.18 lakh crore taka are on the verge of default. It is believed that political pressure played a role in granting these loans.
Analiza Pathak September 6, 2025 12:25 PM IST
China had originally promised about USD 60 billion in CPEC projects, with ML-1 seen as the biggest and most game-changing.
Victor Dasgupta August 24, 2025 1:37 PM IST
According to a Reuters report, USD 6 billion of Chinese investment was planned for the revival of 1,800 kilometers (1,118 miles) of railway in Pakistan.
Gazi Abbas Shahid July 25, 2025 11:04 PM IST
Pakistan has borrowed stupendous amounts of money from ally nations like Saudi Arabia, China, UAE and Kuwait, apart from hefty loans from global financial bodies like the IMF and the World Bank.
Gazi Abbas Shahid March 20, 2025 7:22 PM IST
Pakistan already had highest living cost amongst South Asian nations, and now, the country has become the most expensive to live in all of Asia, due to a critical inflation rate of 25 percent in FY25.
Vikas Mehta November 23, 2024 10:46 PM IST
On the Bombay Stock Exchange (BSE), Tata Power's shares opened at Rs 414, and after a few hours, the stock rose to Rs 416.70, marking a 2% increase during intra-day trading. The company's 52-week high on the BSE was Rs 494.85, while its 52-week low was Rs 256.95.
IANS December 10, 2023 7:25 PM IST
The index witnessed an impressive increase of 4,532 points, or 7.3 per cent week-on-week (WoW), settling at 66,223.63. The remarkable surge was attributed to the outstanding performance of major sectors, including banks, fertilisers, and exploration and production (E&P).
India.com Business Desk July 22, 2023 9:11 PM IST
One of the poultry companies that was affected by the pandemic was Suguna Foods, a leading poultry company based in Coimbatore, Tamil Nadu. Suguna Foods lost a significant amount of revenue during the lockdown but it came back and made history.
India.com Business Desk June 7, 2022 8:14 PM IST
The World Bank had in April reduced the GDP forecast from 8.7 per cent to 8 per cent and now it is projected at 7.5 per cent.
India.com Business Desk April 12, 2022 4:48 PM IST
The PRF loan will help design water supply, sanitation, solid waste management and urban roads in 16 district headquarter towns (DHTs) with climate-resilient features and improved access to the poor and vulnerable.
India.com Viral Desk January 4, 2021 10:42 AM IST
Many questioned the govt's move and termed it as insult to the sacrifices of 20 soldiers who lost their lives in the Galwan valley clash.
PTI September 15, 2020 12:12 PM IST
"India imposed strict lockdown measures to contain the spread of the pandemic and this has had a severe impact on economic activity," said ADB Chief Economist Yasuyuki Sawada.
India.com Business Desk April 28, 2020 4:05 PM IST
The bank said that it has granted the loan to support immediate priorities such as disease containment and prevention and moreover for the social protection of the poor and economically vulnerable sections.
PTI April 13, 2020 6:19 PM IST
With the intent to contain the spread of COVID-19, Prime Minister Narendra Modi with effect from March 25 announced a nationwide complete lockdown.
PTI June 16, 2019 7:08 PM IST
Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh said on Twitter that the ADB will provide USD 3.4 billion to Pakistan for budgetary support.
PTI Feeds February 7, 2019 2:18 PM IST
UP budget earmarks Rs 3,194 cr for construction of expressways
PTI Feeds January 21, 2019 5:00 PM IST
Centre to soon take up linking of Godavari and Cauvery: Gadkari
PTI Feeds January 13, 2019 3:00 PM IST
3.3% fiscal deficit target for 2018-19 likely to be breached, say experts
PTI Feeds January 11, 2019 6:33 PM IST
Farm loan waivers against economic principles: ADB India chief
PTI Feeds January 11, 2019 4:48 PM IST
ADB to scale up lending to 4.5 bn in 2019
PTI Feeds January 9, 2019 8:27 PM IST
India Inc expects over 7 pc growth in next 12 months :Survey
PTI Feeds December 14, 2018 4:40 PM IST
ADB proposes USD 7.5-billion lending programme for Pakistan
PTI Feeds December 12, 2018 3:18 PM IST
ADB retains India FY19 growth forecast at 7.3% despite downside risks
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