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A service for banking industry professionals · Monday, May 5, 2025 · 809,578,442 Articles · 3+ Million Readers
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  • Published on 05:49 GMT

    World Bank ED Parameswaran Iyer to represent India at IMF board

    Parameswaran Iyer, Executive Director at the World Bank, has been temporarily entrusted with the responsibility of being India's nominee director on the board of International Monetary Fund (IMF) ahead of a crucial May 9 meeting, sources said. Iyer…

    Source: The Economic Times - Pending
  • Published on 06:57 GMT

    World Bank executive director Parameswaran Iyer to represent India at IMF board

    The government’s decision assumes significance as the IMF Executive Board will meet on May 9, 2025. File | Photo Credit: Reuters “Parameswaran Iyer, executive director at the World Bank, has been temporarily entrusted with the responsibility of being India …

    Source: The Hindu - Center-left
  • Published on 10:16 GMT

    Bangladesh Bank to hold meeting with IMF on exchange rate flexibility at 6pm

    Highlights BB to meet IMF at 6pm today to finalise decision on exchange rate flexibility The $1.3bn loan tranche is delayed due to disagreement over free float BB wants to avoid market volatility and proposes a managed fund instead Gross reserves stand at …

    Source: The Business Standard - Neutral
  • Published on May 4, 2025

    Exiting IMF loan programme will harm Bangladesh’s long-term economic interests: Selim Raihan

    Highlights: IMF engagement offers strategic leverage for essential reforms in banking, taxation, and exchange rates Pulling out now risks a return to policy complacency and delayed reforms IMF conditions can help governments overcome domestic resistance to …

    Source: The Business Standard - Neutral
  • Published on 11:50 GMT

    Differentiating the FY26 budget

    The interim government, unburdened by political motivations, has no need to seek popular acclaim The interim government (IG) is set to present its FY26 budget on June 2. The anticipation is that their budget will depart from the past. Following the …

    Source: Daily Star - Neutral
  • Published on May 3, 2025

    World Bank Downgraded Nepal’s Forecast To 4.5 Percent

    The World Bank has downgraded forecast of Nepal to 4.5 percent in FY24/25, due to damage from floods and landslides, and to 5.2 percent in FY25/26, as a result of persistent weakness in the financial system. Amid increasing uncertainty in the …

    Source: New Spotlight Nepal - Indeterminate
  • Published on May 4, 2025

    Bangladesh slides into chaos

    In a change of perception that is worthy of a mention in “Believe it or not”, the new BanglaDesh administration has become an ardent admirer of the Pakistan army. In other words, the same force that massacred, raped and brutalized much of the population in …

    Source: Sunday Guardian Live - Pending
  • Published on 07:01 GMT

    US Sutra | Watch out for the real enemy: It’s China, not Pakistan

    Try to buy Chinese cheap goods on websites in the United States these days. They are not shipped out of China. Or, for that matter, from Vietnam. But from our own neighbourhood, Pakistan and Sri Lanka. What’s going on? Sorry about the mixed metaphors. But …

    Source: Firstpost - Center-right
  • Published on 04:38 GMT

    Building a skills corridor

    Pakistan stands at a clear turning point in its path of progress. The country’s growing youthful population presents the opportunity to harness the demographic dividend for economic and social advancement. However, the vast number of children who are out …

    Source: The News International - Indeterminate
  • Published on 08:07 GMT

     22 mins  Iyer to represent India on IMF Board at key meet on Pakistan loan

    New Delhi, May 5 : The Government has asked Parameswaran Iyer, Executive Director at the World Bank, to temporarily take up the additional responsibility as India's nominee director on the IMF Board, ahead of the crucial meeting on May 9 to consider …

    Source: Prokerala - Indeterminate
  • Published on 08:37 GMT

    Parameswaran Iyer to represent India on IMF Board at key meet on Pakistan loan

    Iyer will represent India on the IMF Board as the slot has fallen vacant following the recall of KV Subramanian as the country’s executive director, six months ahead of his three-year tenure Published Date - 5 May 2025, 01:40 PM New Delhi: The Government …

    Source: Telengana Today - Indeterminate
  • Published on 01:03 GMT

    CORPORATE WINDOW: Abandoning a legacy treaty

    Even though there exists no provision for the unilateral abrogation or suspension of the Indus Water Treaty (IWT), India’s decision to “hold in abeyance” the 64-year-old water-sharing pact in the wake of a militant attack in the tourist destination of …

    Source: Dawn - Center-left
  • Published on May 4, 2025

    The bigger picture: leveraging IMF engagement for lasting economic reform

    There has been growing speculation in recent weeks that Bangladesh may consider pulling out of the existing IMF loan programme due to concerns over tough conditions and their potential impact on the economy. However, such a move would be short-sighted and …

    Source: Daily Star - Neutral
  • Published on May 2, 2025

    Bangladesh steadies course toward net zero with new environmental action plan

    Bangladesh has kick-started the development of a national action plan (NAP) to slash greenhouse gas (GHG) emissions from shipping, marking a ‘key’ step toward aligning the country’s maritime industry with global environmental regulations. Credit: …

    Source: Offshore Energy - Neutral
  • Published on May 4, 2025

    Not revenge or retaliation, but a paradigm shift

    The Pahalgam terror attack (April 22) has put Delhi and Islamabad into a different trajectory from the past, and is one that should alert the entire strategic community. This was the first such incident on this scale targeting civilians since the Mumbai …

    Source: The Hindu - Center-left
  • Published on May 1, 2025

    Brain Drain from Bangladesh: When leaving the country becomes ultimate goal for youths

    The latest statistics from the United Nations Educational, Scientific and Cultural Organization (UNESCO) reveal a sharp rise in the number of Bangladeshi students going abroad in pursuit of higher education and better living standards. Over the past 15 …

    Source: United News of Bangladesh - Indeterminate
  • Published on May 4, 2025

    Some banks hit by capital squeeze

    BB data shows a key indicator of financial health stands at just 3.08%, while many banks remain strong Bangladesh's banking sector is struggling with a weakened capital base following years of unchecked irregularities during the Awami League's …

    Source: Daily Star - Neutral
  • Published on May 4, 2025

    India’s vote at key IMF meet on Pakistan to be cast by Parameswaran Iyer: Govt sources 

    Parameswaran Iyer, India’s nominee as Executive Director at the World Bank Group, will cast vote on behalf of the country at the International Monetary Fund’s meeting on providing loan to Pakistan, according to government sources.  The IMF Executive Board …

    Source: Business Today - Indeterminate
  • Published on May 4, 2025

    In Search of Almas Ali

    Sarah Haque A group portrait of several prominent Bengali politicians, including Huseyn Shaheed Suhrawardy (center), then prime minister of Pakistan; Sheikh Mujibur Rahman (standing, right), later the first president of Bangladesh; and Almas Ali (far right …

    Source: The New York Review of Books - Neutral

07 days 15:33:34

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  • Published on May 5, 2025 - 08:41 GMT

    Media reports India allegedly cut water flow to Pakistan

    (MENAFN) India has reportedly begun limiting the flow of water to Pakistan in the wake of escalating tensions between the two nuclear-armed neighbors, according to the Press Trust of India (PTI), which cited an unnamed official source. The move follows a …

    Distribution channels: ...
  • Published on April 30, 2025 - 13:37 GMT

    World Bank Expects Global Commodity Prices to Reach Six-Year Low

    (MENAFN) The World Bank announced on Tuesday that global commodity prices are forecasted to reach their lowest levels in six years by next year, driven by slowing economic growth and an abundance of oil supply. According to the World Bank's Commodity …

    Distribution channels:
  • Published on April 28, 2025 - 08:17 GMT

    Saudi Arabia, Qatar Pay Syria's Debt to World Bank

    (MENAFN) Saudi Arabia and Qatar announced on Sunday their agreement to settle Syria's USD15 million debt to the World Bank. In a unified statement, both nations emphasized that addressing Syria's outstanding arrears would aid in the country's …

    Distribution channels:
  • Published on April 28, 2025 - 07:19 GMT

    Saudi Arabia, Qatar Settle Syria’s World Bank Debt

    (MENAFN) Saudi Arabia and Qatar announced on Sunday that they will settle Syria's $15 million debt to the World Bank, marking a significant step in the country's post-conflict recovery efforts. In a joint statement, both nations highlighted that …

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  • Published on May 4, 2025 - 12:01 GMT

    India insulates itself from oil shocks

    (MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

    Distribution channels: ...
  • Published on April 25, 2025 - 20:40 GMT

    Serbia bids to host IMF-World Bank annual meetings in 2029

    У саопштењу Министарства за рад, запошљавање, борачка и социјална питања наводи се да су надзори извршени и у другим делатностима (угоститељским објектима, фризерским и козметичким салонима, аутопревозничким и занатским радњама и пекарама). Укупно је …

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  • Published on April 24, 2025 - 20:05 GMT

    Brazil Potash Expands Advisory Board With Appointment of Marcelo Lessa, Former Executive of IFC/World Bank and Bunge ...

    MANAUS, Brazil, April 24, 2025 (GLOBE NEWSWIRE) -- Brazil Potash Corp. ("Brazil Potash" or the "Company") (NYSE-American: GRO), a mineral exploration and development company with a critical mineral potash mining project, the Autazes …

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  • Published on April 24, 2025 - 11:54 GMT

    World Bank Approves USD250 Million Loan for Lebanon

    (MENAFN) Lebanon has secured a USD250 million loan from the World Bank aimed at tackling the country's ongoing energy challenges, based on an announcement made by Finance Minister Yassine Jaber on Thursday. "This loan will give strong momentum for …

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