UPI impact: India now makes faster payments than any other country, says IMF

UPI impact: India now makes faster payments than any other country, says IMF

Follow Us on Google News New Delhi, July 11 (IANS) Thanks to the massive adoption of unified payments interface (UPI) based digital transactions, India now makes faster payments than any other country in the world, an International Monetary Fund (IMF) note has emphasised. Since its launch in 2016, UPI has grown quickly, while some proxies … Read more

BJP MP counters Cong allegations over IMF loan to Pakistan, cites historical funding patterns

BJP MP counters Cong allegations over IMF loan to Pakistan, cites historical funding patterns

Follow Us on Google News New Delhi, June 7 (IANS) After the Congress party accused the Modi government of “buckling under US pressure” during the IMF Executive Board meeting that approved a loan for Pakistan, BJP MP Nishikant Dubey issued a sharp rebuttal, invoking historical precedents. Dubey, citing declassified documents, said that following the Indo-Pak … Read more

IMF likely to review Pak funding in 2025 second half amid 11 new conditions

IMF likely to review Pak funding in 2025 second half amid 11 new conditions

Follow Us on Google News New Delhi, May 24 (IANS) The International Monetary Fund (IMF) is expected to conduct the next funding review for Pakistan in the second half of 2025. According to an official IMF statement, it would maintain ongoing discussions with Pakistani authorities to reach an agreement on the 2026 fiscal year budget … Read more

After India’s objections, IMF justifies bailout package to Pakistan

After India's objections, IMF justifies bailout package to Pakistan

Follow Us on Google News New Delhi, May 23 (IANS) Amid India’s objections to the International Monetary Fund bailout package to Pakistan, the IMF has said the debt-ridden country “met all the required targets” to receive the latest loan instalment. The IMF recently gave the nod to a $ 1 billion (over Rs 8,000 crore) … Read more

IMF slaps 11 more conditions on Pakistan, flags tensions with India as big risk

IMF slaps 11 more conditions on Pakistan, flags tensions with India as big risk

Follow Us on Google News New Delhi, May 18 (IANS) The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the $ 7 billion lifeline that it has extended and also flagged the rising tensions with India as a huge risk for the cash-strapped country. The new conditions that have been imposed … Read more

Pakistan using IMF loans to bankroll terror networks: Top UN ex-official

Pakistan using IMF loans to bankroll terror networks: Top UN ex-official

Follow Us on Google News New Delhi, May 11 (IANS) In scathing criticism of the IMF loan to Pakistan, former Assistant General Secretary of the United Nations Laxmi M. Puri said, “The world needs to understand- funding Pakistan is not supporting peace. It’s subsidising terrorism.” “From 1958 to yesterday — Pakistan has turned the IMF … Read more

Assam CM slams Congress for ‘reckless propaganda’ on IMF loan to Pakistan

Assam CM slams Congress for ‘reckless propaganda’ on IMF loan to Pakistan

Follow Us on Google News Guwahati, May 10 (IANS) Assam Chief Minister Himanta Biswa Sarma on Saturday, in a veiled attack against Congress, alleged that Jairam Ramesh and Pawan Khera peddling “reckless propaganda” regarding the IMF, Pakistan and India’s stand. The Chief Minister, “Exposing the Misinformation: IMF, Pakistan, and India’s Principled Stand Once again, Congress … Read more

‘Pak is officially a beggar,’ says Owaisi; slams IMF for approving $1 bn loan to Islamabad

'Pak is officially a beggar,' says Owaisi; slams IMF for approving $1 bn loan to Islamabad

Follow Us on Google News New Delhi, May 10 (IANS) As tensions continue to rise between India and Pakistan following a series of drone and missile attacks by the Pakistan Army targeting Indian civilian infrastructure, military bases, and even religious sites, AIMIM President and Hyderabad MP, Asaduddin Owaisi, on Saturday, delivered a scathing condemnation of … Read more

IMF reimbursement to Pak will not help in de-escalation of hostilities with India: J&K CM Omar

IMF reimbursement to Pak will not help in de-escalation of hostilities with India: J&K CM Omar

Follow Us on Google News Jammu, May 10 (IANS) Jammu and Kashmir (J&K) Chief Minister, Omar Abdullah on Saturday expressed serious concern over the International Monetary Fund (IMF) reimbursement to Pakistan, which the CM said would not help de-escalation of hostilities between India and Pakistan. “I’m not sure how the “International Community” thinks the current … Read more