Indian stock market outlook for May 12, 2025: After both India and Pakistan have agreed to a full and immediate ceasefire on the request of the neighbouring nation following around 100-hours of border tensions, Indian equities are likely to see a positive impact when trading resumes on May 12, 2025. Escalating India-Pakistan tensions and India…
The International Monetary Fund has approved the immediate release of $1 billion to Pakistan under its Extended Fund Facility (EFF), bringing total disbursements under the arrangement to $2.1 billion. The board is also evaluating a separate $1.3 billion package under the Resilience and Sustainability Facility (RSF), aimed at climate-linked reforms. India abstains, flags risk of…
IMF bailouts are funds and finances extended to nations in crisis by the International Monetary Fund (IMF). Detailing a bit about the IMF, its website says that it is a global organization that works to achieve sustainable growth and prosperity for all of its 191 member countries. It does so by supporting economic policies that…
The Directorate General of Civil Aviation (DGCA) has announced the suspension of civilian flight operations at 32 airports across northern and western India till May 15, citing operational reasons amid escalating tensions between India and Pakistan. The suspension, which came into effect from May 9 and will last until 5:29 am (IST) on May 15,…
In the wake of the Pahalgam terrorist attack that claimed the lives of 25 Indian citizens and one Nepali tourist, India launched Operation Sindoor, targeting terror infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir (PoJK). This decisive military action has also been matched with strong diplomatic messaging on international platforms like the International Monetary Fund…
Amid escalating tensions with Pakistan, the Government of India has extended the closure of 28 airports across the country until the morning of May 15. The decision comes after a major security breach involving multiple drone intrusions and airspace violations by the Pakistani military, targeting military infrastructure in Northern and Western India. The Ministry of…