WASHINGTON: International Monetary Fund division chief Daniel Leigh on Tuesday reposed faith in the Indian economy and said that it is a "very strong economy."
He said that India is one of the bright spots in the global economy right now with a high growth rate.
"Yes, we have a growth...
Credit card debt is a major financial burden for many Americans, with the average credit card debt per household in the United States being over $8,000. While many people struggle to pay off their credit card debt, some may qualify for credit card debt forgiveness. Debt settlement services can...
WASHINGTON: Union Finance Minister Nirmala Sitharaman on Sunday (local time) reached Washington to attend the 2023 Spring Meetings of the World Bank Group and International Monetary Fund and other G20 meetings.
She was received by Ambassador Taranjit Singh Sandhu. Sitharaman is on a week-long visit to the US.
The Union Finance...
NEW DELHI: Indian stock indices extended their gains, though marginally, on Wednesday as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting -- the first in 2023-24 which started Monday.
At 9.23 am, Sensex and Nifty were in the range of...
NEW DELHI: World Bank in its latest India Development Update report has cut India's growth forecast for 2023-24 to 6.3 percent from earlier 6.6 percent.
India's growth, World Bank, said, is expected to be constrained by slower consumption growth and challenging external conditions.
"Rising borrowing costs and slower income growth will...
WASHINGTON: Yet again, Twitter CEO Elon Musk is back with new updates for the micro-blogging site, and this time he has changed the iconic blue bird logo - which has served as a home button on the web version, with the "doge" meme of the Dogecoin cryptocurrency.
Twitter users noticed...
CANBERRA: Australia's federal government will ban video-sharing application TikTok on government devices over fears that the application's security could be compromised and the platform could be used for foreign interference by China, ABC News reported.
Australia becomes the last nation in the "five eyes" intelligence alliance to block the app...
Enter the world of fashion where every small detail is significant. And, in those small factors, accessorizing tends to have a big impact. Accessorizing is in and of itself an art form. While doing it, the right jewellery may have a profound effect on you. A gold chain with...
WASHINGTON: If the reports are to be believed, then the upcoming Apple iPhone 15 Pro Max might be having the world's thinnest display.
According to Mashable, the front display of the iPhone 15 Pro Max may have bezels that are only 1.55mm thick (or 0.06 inches), making it the smartphone...
NEW DELHI: The Central Board of Employees' Provident Fund Organisation (EPFO) has recommended an 8.15 percent interest rate to be credited on provident funds for the financial year 2022-23.
In March 2022, the government declared an 8.1 per cent interest rate for more than its six crore members, which was...