Pakistan seeks $10 billion facility from US, submits bid to Treasury Department; here’s why

The proposal is intended to reinforce stability in the foreign exchange market. Facing pressure on external payments, Pakistan has approached the US for a $10 billion facility to bolster its foreign exchange reserves. The move comes as part of moves to boost confidence among international investors, Finance Minister Muhammad Aurangzeb said, according to a PTI…

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Overseas remittances in focus: I-T uncovers Rs 1.29 lakh crore trail – money sent to China, UAE & more

Investigators found that a significant share of the funds was routed to a small group of overseas destinations. Income Tax crackdown: The Income Tax Department has uncovered a large overseas remittance network that involves as many as 6,422 new entities. These companies collectively transferred Rs 1.29 lakh crore abroad. The findings have already led to…

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Gold, silver price prediction: Where are gold, silver headed? Check outlook on August 20, 2026

Gold is targeting 162,000 as the next meaningful resistance, with the current setup continuing to favour the bullish bias. Gold and silver price prediction today: Gold prices are exhibiting a near-term bullish bias with consolidation in focus. Silver is presenting a buying opportunity, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group….

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Stock Market Today Live Updates: GIFT Nifty signals positive start for BSE Sensex and NSE Nifty 50; global cues, crude prices in focus

Indian stock markets head into Thursday’s session with a mix of positive global cues and continuing domestic concerns. The immediate focus is on the potential opening after GIFT Nifty futures pointed to gains, following a sharp rebound across Asian markets. The improvement in global sentiment came after the US Treasury announced plans to double buyback…

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