State Bank of Pakistan (SBP) on Friday received the first tranche of SDR 760 million (equivalent to $1.0269 billion) from the International Monetary Fund (IMF) under the $7 billion Extended Fund Facility (EFF). The IMF Executive Board approved a 37-month programme on Wednesday. These inflows will be reflected in SBP liquid reserves to be released […]
Chief economic advisor V Anantha Nageswaran (Picture credit: PTI) Chief economic advisor V Anantha Nageswaran said on Friday that the Indian economy is projected to grow by 6.5-7% in the current financial year. Speaking at an event hosted by the Bengal Chamber of Commerce and Industry, Nageswaran said that this growth rate is significant given […]
The Pakistan Stock Exchange (PSX) witnessed a decline on Friday, with the benchmark KSE-100 Index falling by 198 points. The index is currently trading at 81,459 points. The dip comes after a period of relative stability, prompting market participants to keep a close eye on upcoming economic developments and corporate earnings reports. On Thursday, the […]
The owner of the politically right-leaning New York Sun has emerged as the favourite to acquire the Daily and Sunday Telegraph ahead of Friday’s deadline for bids. Though a late entrant to the auction British-born Dovid Efune’s bid is considered by several parties as the potential new frontrunner. He is thought able to offer a […]
Bristol Myers Squibb’s Cobenfy drug Courtesy: Bristol Myers Squibb The Food and Drug Administration on Thursday approved Bristol Myers Squibb‘s highly anticipated schizophrenia drug Cobenfy, the first novel type of treatment for the debilitating, chronic mental disorder in more than seven decades. Schizophrenia affects how a person thinks, feels and behaves, and can cause paranoia, […]
Last Updated: September 26, 2024, 22:24 IST Existing shareholders including Accel India and Tencent Europe will sell about 185.3 million shares, the Bengaluru-based startup said in its draft prospectus. Swiggy’s long-awaited public listing comes amid a booming IPO market, with 198 companies having raised $7.1 billion in the year to Sept.4, more than double the […]
New Delhi: The government on Thursday said it plans to borrow Rs 6.61 lakh crore in the second half of the current fiscal through the issuance of dated securities, including Rs 20,000 crore of Sovereign Green Bonds (SGrBs). The government, in consultation with the Reserve Bank of India (RBI), has finalised its borrowing programme for […]
.jpg?quality=75&width=1200&auto=webp&w=250&resize=250,150&ssl=1 "E2E Job Creation 100 List for 2024 unveiled")
E2E is excited to reveal the E2E Job Creation 100 list for 2024, in collaboration with The Independent. This exclusive list celebrates those companies that have had the highest absolute growth in jobs over the two most recent filing periods, with a percentage growth in staff above 25%. The E2E Job Creation 100 list pays […]
The UK economy is now more dependent than ever on the creators within companies who innovate. Over 50% of global patent applications now involve software of some kind. This is an amazing statistic when you think that under UK and EU law, software per se is not patentable. However, the technical effects of a patent […]
KOLKATA: In a bid to focus on new business after acquiring Aegon Life early this year and undergoing a renaming exercise, Bandhan Life Insurance on Thursday announced a strategic partnership with Bandhan Bank to distribute life insurance products through its extensive network of 1,700 branches. Bandhan Life stated it has plans to rope in more […]
