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The Financial Express

AIIB considers granting $100m in emergency support to Sri Lanka

The China-backed Asian Infrastructure Investment Bank (AIIB) is considering granting...

Somalia seeks three-month extension of its IMF support programme

Somalia's government has asked the International Monetary Fund (IMF) to...

India hikes repo rate by 40 bps to 4.4pc in first change after two years

India's central bank has raised the benchmark interest rate for...

FAO says food security remains a concern despite slight drop in prices

World food prices eased slightly in April after hitting a...

BoE flags risk of recession and 10 per cent inflation as it raises rates again

The Bank of England sent a stark warning that Britain...

Sri Lankan tea pickers' dreams shattered by economic crisis

On a lush plantation in Sri Lanka, Arulappan Ideijody deftly...

Global hunger may worsen without urgent action, says UN agency

Conflict, extreme weather and economic shocks increased the number of...

Sri Lanka plans to replace 'unrealistic' budget

Sri Lanka plans to replace its current "unrealistic" budget and...

ADB approves policy-based lending to $18b for 2022–24 

The Asian Development Bank (ADB) has approved a ceiling of...

Australia hikes interest rates by surprisingly-large 25 basis points

Australia's central bank on Tuesday raised its cash rate by...

Modi vows to bolster ties with Europe amid Russia-Ukraine war 

Indian Prime Minister Narendra Modi has vowed to bolster ties...

‘World may lose 4.0pc GDP by 2050 due to climate change'

Climate change could see 4.0 per cent of global annual...

Food, fuel price shocks from Ukraine war to last at least three years: WB

Global food and fuel price shocks linked to the Russia-Ukraine...

World Bank readies Sri Lanka aid package, IMF calls loan talks 'fruitful'

The International Monetary Fund said on Saturday it held "fruitful...

World Bank, IMF, WTO leaders urge quick action on food security

The leaders of the International Monetary Fund, World Trade Organization...

World Bank estimates Ukraine physical damage at roughly $60 billion so far

Physical damage to Ukraine's buildings and infrastructure from Russia's invasion...

World Bank warns of 'human catastrophe' food crisis

The world is facing a "human catastrophe" from a food...

Wealth shock: Property bust in small Chinese cities rattles households

Home owners in small Chinese cities are battling a rare...

UK PM to offer India alternatives to Russia ties

British Prime Minister Boris Johnson will offer to help India...

IMF says any loan to Sri Lanka requires debt sustainability

The International Monetary Fund said discussions with Sri Lanka on...

‘Higher food prices can alone push 10m more people into poverty’

Russia’s war in Ukraine has worsened the ‘already dire’ food...

War dims global economic outlook as inflation accelerates, says IMF

The International Monetary Fund (IMF) on Tuesday slashed its forecast...

Sri Lanka says IMF to consider request for rapid aid

The International Monetary Fund will consider providing quick financial assistance...