New Delhi, April 12 (IANS) As central government employees and pensioners await the rollout of the 8th Pay Commission, expectations around salary and pension hikes are steadily building across the country. Key aspects such as the fitment factor, implementation timeline, likely pay revisions, and arrears continue to remain at the centre of discussions amid ongoing uncertainty.The 8th Pay Commission is expected to recommend revisions in salaries, pensions, and allowances for central government emp…
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Mumbai, April 12 (IANS) The Indian stock markets witnessed a strong rebound last week after six consecutive weeks of decline, supported by favourable global cues, according to analysts.Sentiment remained buoyant amid optimism surrounding a temporary US–Iran ceasefire, although lingering geopolitical uncertainties capped the pace of gains as the week progressed. “The rally was further aided by a stable domestic macro backdrop, with broader markets outperforming the benchmarks. Despite elevate…
New Delhi, April 11 (IANS) Amid escalating geopolitical tensions, the Asian Development Bank (ADB) has lowered Bangladesh’s economic growth forecast to 4 per cent for the current fiscal year ending in June, down from its earlier projection of 4.7 per cent, citing higher fuel prices and disruptions in global supply chains, according to a new report.According to the report by The Daily Star, the ADB has projected economic growth of 4.7 per cent for the next fiscal year (2026–27).The bank has r…
Tel Aviv, April 11 (IANS) Pakistan’s push for de-escalation during the West Asia conflict is not “abstract peace-making” but rooted in the country’s economic vulnerability to the energy shocks, with fuel-price hikes demonstrating how quickly external war can translate into domestic pain. Writing for the ‘Times of Israel’ this week, Sergio Restelli, an Italian political advisor, author and geopolitical expert, noted that as Pakistan grapples with ‘inflation, debt pressure, and chronic pol…
Mumbai, April 10 (IANS) India’s growth momentum continues to remain robust, with Q3 GDP expanding by 7.8 per cent and FY26 growth projected at 7.6 per cent, supported by healthy private consumption growth of 8.7 per cent and a sharp 13.3 per cent expansion in manufacturing, according to a new report.According to PL Asset Management, the asset management arm of PL Capital Group (Prabhudas Lilladher), while global markets reacted sharply to disruptions in energy supply and shifting monetary poli…
Seoul, April 10 (IANS) South Korea’s central bank kept its benchmark rate unchanged on Friday, as uncertainty in the Middle East prompted a cautious stance amid risks of inflation, currency weakness and slower growth.In a widely anticipated decision, the Monetary Policy Board of the Bank of Korea (BOK) held the key rate steady at 2.5 percent in its latest rate-setting meeting in Seoul, reports Yonhap news agency.It marked the seventh consecutive on-hold decision, even as the central bank remains…
Washington, April 9 (IANS) A global oil shock linked to the Middle East conflict is set to hit growth and stoke inflation across energy-importing economies, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Thursday. In her curtain raiser speech ahead of the Annual Spring Meeting of the IMF, Georgieva said the disruption has cut the world’s daily oil flow by about 13 per cent and liquefied natural gas (LNG) supply by 20 per cent, triggering a broad-based rise…
New Delhi, April 9 (IANS) Despite mounting risks from rising crude, a weaker rupee, India’s growth momentum continues to remain robust, with Q3 GDP expanding by 7.8 per cent and full-year FY26 growth projected at 7.6 per cent, healthy private consumption growth and manufacturing push, a report said on Thursday.The recent market corrections created a favourable valuation backdrop, with the Nifty trading at a 5.6 per cent discount to its five-year average PE, enhancing the medium-term risk-rewar…
New Delhi, April 9 (IANS) India has consistently shown strong resilience during global crises, not just surviving them but transforming and emerging stronger each time, Shaktikanta Das, Principal Secretary to the Prime Minister, said on Thursday.Speaking at the AIMA National Leadership Conclave in the national capital, Das said that India’s journey through turbulent times reflects its ability to grow despite challenges.“During every crisis, the country has not merely endured difficulties but…
New Delhi, April 9 (IANS) Pakistan’s economy has come under further stress due to external shocks triggered by the West Asia crisis, as the country struggles under a mountain of foreign debt with weak GDP growth, declining investment and rising inflation, according to an article in Lisbon Post.Public debt has surged dramatically over the past several years, rising from approximately Rs 43 trillion (Pakistani rupee) in 2018 to Rs 80.52 trillion by the end of fiscal year 2025. At the same time, …