India should prepare to inject capital into state banks and private-sector lenders need to strengthen their balance sheets, to help bolster the economy against the coronavirus pandemic, according to a …
Morning News Call – India, June 8
INDIA TOP NEWS • India’s Reliance says Abu Dhabi Investment Authority invests 56.83 billion rupees digital unit Indian oil-to-telecoms conglomerate Reliance Industries said on Sunday that the Abu …
Lebanon needs urgent aid and reforms, International Crisis Group warns
Lebanon needs urgent international help and long-demanded reforms to shield its people from their country’s worst ever economic crunch, the International Crisis Group said on Monday. “Lebanon will …
Israel cancels some sales taxes, extends unemployment benefits to rescue economy
Government permanently slashes duties on cellphones, electronics, clothing, shoes, home appliances and lighting, toys, cosmetics, baby products, eyeglasses as budget deficit widens …
Sri Lanka- Central Bank chief insists banking system strong despite temporary setback
The Governor of the Central Bank of Sri Lanka, Deshamanya Professor W.D. Lakshman today insisted that the banking system in Sri Lanka is still strong despite temporary setbacks as a result of the …
Iraq seeks new rules in sharing future OPEC+ cuts: Finance Minister
Iraq affirmed its commitment to the OPEC+ oil production cut deal but asked the group to take into consideration the members’ economic situation in sharing the burden of future cuts, Iraqi Finance …
Turkey developing financial package to support jobs
The treasury and finance minister of Turkey said on Friday tht the country is currently developing an employment shield package in order to support employment during the coronavirus economic …
Bangladesh can grab more attention as world shifts focus from China
Since the coronavirus pandemic has compelled many countries to source products from places other than China, Bangladesh has the potential to grab the world’s attention, said Ahsan Khan Chowdhury, …
Bond Veteran Makes Contrarian Bet India Yields Will Keep Falling
(Bloomberg) — Investors predicting India’s bond yield curve to steepen further are probably reading it wrong. That’s the view of Jayesh Mehta, a veteran trader at Bank of America. He thinks the …
After 26 days, Israel says it has identified killer of IDF soldier Amit Ben Ygal
Whoever tries to harm us — we reach them, sooner or later.” Defense Minister Benny Gantz similarly welcomes the capture of the “despicable terrorist.” He expresses hope that the news will “console …