Pakistan’s forex reserves have plunged 40% in 2018 to lowest in almost 4 years. It’s running twin current-account and budget deficits of more than 5% of GDP.
The government has hiked import duty on 19 items, including washing machines, air conditioners, footwear, diamonds, jet fuel, as part of its plan to...
Due to risks from higher oil prices, rising debt supply and a weakening currency, Pacific Investment Management Co. and Schroder Investment Management Ltd. are wary of adding to holdings in Asia’s highest-yielding major market.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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