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India rejects WB human capital index

India has rejected the findings of the World Bank's Human Capital Index (HCI), which has placed the country at 115th position out of 157 countries on various considerations. The Indian finance ministry rejected the index through a statement issued on...

China's foreign trade up 9.9pc in first nine months

China's goods trade rose 9.9 per cent year on year...

IMF warns against trade, currency wars, urges fix to global rules

International Monetary Fund Managing Director Christine Lagarde on Thursday warned...

Italy's pension reform will cost €100b: INPS

The Italian state pension agency INPS said the government’s plan...

Pakistan's trade deficit shrinks 2.4pc for Sept

The trade deficit of Pakistan reduced by 2.4 percent during...

Global debt balloons to record $182 trillion: IMF

Global debt levels reached a record $182 trillion in 2017,...

Not yet approached by Pakistan for bailout: IMF

Pakistan has not yet formally approached the International Monetary Fund...

Venezuela's annual inflation hits 488,865 pc in Sept

Venezuelan consumer prices rose 488,865 per cent in the 12...

Asia stocks at 17-month low as China lets yuan slip

Asian shares hit 17-month lows on Tuesday as China allowed...

IMF cuts global growth forecasts on trade policy tensions

The International Monetary Fund on Tuesday cut its global economic...

Two Americans win Nobel Economics Prize

Two American economists, William Nordhaus and Paul Romer, won the...

German industry output falls further

German industrial output unexpectedly dipped in August for the third...

China moves to boost liquidity amid US trade war

China will cut the amount of cash banks must hold...

Myanmar economy to grow 7.4pc in FY 2018-19

The ASEAN+3 Macroeconomic Research Office (AMRO) has forecast that Myanmar's...

US jobless rate likely to fall 18-year low

The jobless rate in United States is expected to fall...

Japan household spending jumps in Aug

Japan’s household spending jumped in August as bigger bonuses boosted...

London aluminium eyes biggest weekly gain

London aluminium held steady on Friday as worries over an...

Turkey's inflation reaches near 25pc

The annual inflation rate of Turkey jumped to almost 25...

Spain tourism arrivals fall 1.9pc in August

The number of foreign tourists visiting Spain in August has...

CBSL keeps rates steady despite pressure on rupee

The Central Bank of Sri Lanka (CBSL) has surprised financial...

India-born Harvard professor becomes chief economist of IMF

The International Monetary Fund (IMF) has appointed Gita Gopinath as...

IMF lifts UAE growth forecasts

The International Monetary Fund (IMF) has lifted its forecasts for...

ADB approves new access to information policy

The board of directors of Asian Development Bank (ADB) has...

Trade friction to hamper world economy: Expert

The trade friction between China and the United States will...

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