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Pakistan’s forex kitty turns precarious as China cuts FDI flow

By Mahua Venkatesh New Delhi, Feb 9 : Foreign direct investment (FDI) inflow into Pakistan is slowing down. In the first half of the...

Forex, gold worth Rs 32.55 lakh seized at Chennai airport

Chennai, Jan 12 : Chennai Air Customs on Tuesday said it had seized foreign currency and gold worth Rs 32.55 lakh and arrested one...

Hospals expects $300 mn forex revenue for hospitals in 3 years

New Delhi, Dec 10 : Healthtech start-up Hospals expects to generate $300 million in revenue for hospitals with over 50,000 international patients in the...

China provides USD 2.5 bn loan to Pakistan to boost its forex reserves

Beijing : China has again rushed to bail out Pakistan by providing USD 2.5 billion in assistance to prop up the fast-depleting foreign exchange...

India’s foreign exchange reserves dip down by $77 mn

Mumbai : India’s foreign exchange reserves inched lower by $77 million during the week ended December 10. The Reserve Bank of India’s forex reserves decreased...

India’s forex reserves rise by $4.23 bn

Mumbai: India’s foreign exchange reserves rose by $4.23 billion during the week ended October 4, official data showed on Friday. According to the Reserve Bank...

Pakistan’s forex reserves barely enough to provide import cover for 18.5 days

Islamabad : The foreign exchange reserves held by the State Bank of Pakistan (SBP) have plunged to precarious levels as the cash-strapped nation desperately...

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