Search results
Results from the WOW.Com Content Network
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
Over 1.5 million Indians were laborers transported to multiple British colonies between 1834 and 1917. [8] This migration, predominantly to regions like the Caribbean and Southeast Asia, served the economic interests of the British Empire while significantly impacting the socio-economic landscape of India.
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in January.
The Constitution of Pakistan's Article 63(1)(n) and Article 63(1)(o) provide for a Member of Parliament's disqualification if he/she is a defaulter of a loan of more than PKR 2 million (63(1)(n)) or if his.her spouse or dependents have defaulted on payment of utility bills of more than PKR 10,000 (63(1)(o)). [133]
Tendulkar's popularity has led him to be a pioneer in India on cricket business dealings. In 1995, he signed a record sports management deal with WorldTel, the value of the deal being ₹ 300 million (US$3.5 million) over five years. [411] [412] In 2001, he re-signed with WorldTel in 2001 with a five-year, ₹ 800 million (US$9.2 million ...
Tamil Nadu has the second largest economy of any state in India. [16] The state is also the most industrialised in the country. [17] [18] The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. [19]
The unemployment rate increased from 3.5% in February to 14.7% in April, representing a decline of more than 25 million people employed, plus another 8 million persons that exited the labor force. Job declines were focused on industries that rely on "in-person interactions" such as retail, education, health services, leisure and hospitality.
The Sri Lankan economic crisis [8] is a in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]