Finance Minister Muhammad Aurangzeb participates in a panel titled “Navigating an Uncertain World” during the 2025 annual IMF/World Bank Spring Meetings in Washington DC, US, April 25, 2025. — ReutersPM forms high-powered committee.Rs72bn recovery under consideration.PDC regimes face…
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IMF-linked targets ‘leave little room’ for broad relief in FY27 budget
Pakistan’s upcoming federal budget is expected to offer limited broad-based relief despite a stronger macroeconomic backdrop, as revenue and primary surplus targets linked to the International Monetary Fund force the government to prioritise fiscal consolidation, taxation and…
India approves $816 million rare earth permanent magnets manufacturing programme
Representational image of a piece of rare earth ore at a museum in Baotou, north China’s Inner Mongolia Autonomous Region. — Xinhua
India has approved a 72.8 billion rupees rare earth permanent magnets manufacturing programme, the information minister said, in an effort to cut…