Worldview: Battered Pakistan back to the Gulf

13 days ago CNBCTV18.com

In recent times, Pakistan has gone through an unenviable predicament of natural and man or politician made disasters. But people of Pakistan suffered the worst floods affecting 33 million people and damages accruing to nearly $40 billion disrupting the supply chains in the country. Pakistan was able to secure $10.57 billion from donors and creditors including that of Islamic development bank group pledging $4.2 billion over three years. Pakistan turned back to its traditional though cautious benefactors comprising Saudi Arabia, UAE and Qatar for an immediate bail out and deferment of due payments and continuation of credit lines. Although Saudi Arabia had announced several investments in August last year, crown prince Mohammed bin Salman ordered that Kingdom’s investments in Pakistan be raised to $10 billion.
Continue reading...

Read On "CNBCTV18.com"

More News On "CNBCTV18.com"

Sensex rises nearly 300 pts to test 60,000 led by Reliance and HDFC twins

Gains in financial, FMCG and oil & gas shares powered the upmove in the market, though losses in healthcare and metal stocks limited the upside. Investors awaited financial results from Maruti Suzuki Dr Reddy's and Vedanta due later in the day. Reliance and the HDFC twins were the biggest boosts for both main gauges. Maruti Suzuki shares rose as much as 1.8 percent to Rs 9,209.3 apiece on BSE, building on opening gains, as investors awaited the quarterly numbers of the country's largest carmaker. Overall market breadth was in favour of the bulls, as 1,623 stocks rose and 1,055 fell in early deals on BSE.

3 months ago CNBCTV18.com

Challenges For Elon Musk After Taking Over Twitter

Market watchers and analysts have said that Elon Musk overspent when he decided to buy Twitter for a whopping $44 billion. ”Buying Twitter is an accelerant to creating X, the everything app,” Musk tweeted earlier this month. Twitter permanently suspended Trump for risk of further incitement of violence after the Jan. 6, 2021, attack on the U.S. Capitol. Tesla’s expanding business in China, where it generated $14 billion last year, could also put Twitter at risk, Goldman, the former Twitter board member, said. Twitter is staffed with experts who review data requests from governments, but Musk has shown his contempt of these experts, he said.

3 months ago CNBCTV18.com

The Russia-Ukraine war may have a silver lining for clean energy push, finds IEA report

Here are the key takeaways from the World Energy Outlook 2022 (WEO) report. However, this "global energy crisis can be a historic turning point towards a cleaner and more secure future," shows a World Energy Outlook 2022 (WEO) report sanctioned by the International Energy Agency (IEA). According to IEA Executive Director Fatih Birol, 10 years from now, one might see 2022 as the year when "the clean energy technologies see a major turbo charging". Clean energy transitionFatih Birol said he was "very optimistic" about seeing an acceleration of clean energy transitions amid this crisis. The report said that a smooth and secure energy transition will require a major uptick in clean energy investment flows.

3 months ago CNBCTV18.com

Golden Globes 2023: Best moments and highlights

SUMMARY The Golden Globe Awards made its glitzy return to television screens last night after taking a year off owing to numerous scandals. (Image: Twitter)2 / 10'Naatu Naatu' makes history, wins best original song | "RRR" song "Naatu Naatu" made history by being the first Asian movie to win the Golden Globe for best original song, a significant triumph in a competitive category. (Image: AP)6 / 10Ke Huy Quan makes an emotional comeback | Ke Huy Quan, who portrayed Waymond in Everything Everywhere All At Once, was awarded his first Golden Globe for the role. He also became the first Asian actor to accept the award for best supporting actor in a film since 1984. “We commit to continue strengthening our partnership with Hollywood and with the worldwide fans who celebrate the best on film and television," she said.

22 days ago CNBCTV18.com

Nepal's fraught record of aviation accidents: Nine air crashes in 13 years

Pokhara International Airport, which has been closed for at least a day, is also located in a difficult terrain which is making rescue operations an uphill task. A Yeti Airlines aircraft crashed while nearing the runway at Pokhara International Airport in Nepal on January 15, 2023. The 72-seater aircraft crashed into the Seti river gorge between the old airport and the Pokhara International Airport while landing around 11 am. Pokhara International Airport is also located in a difficult terrain which is making rescue operations an uphill task. It has set up a panel even as the Pokhara International Airport was closed for all incoming and outgoing flights for at least a day.

19 days ago CNBCTV18.com

Fifa World Cup 2022, Costa Rica Vs Germany: Match Preview, Betting Odds, Team News, Head-To-Head, Where To Watch And More

Meanwhile, Costa Rica are also in contention for a last-16 spot. Los Ticos could also go through with a draw, but only if Japan loses in the other match against Spain. In the previous edition of the World Cup, Costa Rica were eliminated in the group stage. Apparently, the trio has trained and could be available for selection in the crucial tie against Costa Rica. Germany defeated Costa Rica 4-2 on that day in the World Cup.

2 months ago CNBCTV18.com

Corporate America braces for downturn with job cuts

By ReutersUS- based employers announced major job cuts this year. Facebook parent Meta became the latest company to cut 13 percent workforce owing to its weak advertising market and mounting costs. Meta Platforms Inc on Wednesday became the latest US company to cut jobs to rein in costs amid tightening monetary policy and growing fears of a recession. Job cuts announced by US-based employers jumped 13 percent to 33,843 in October, the highest since February 2021, a report said. Facebook parent Meta became the latest company to cut 13 percent workforce owing to its weak advertising market and mounting costs.

2 months ago CNBCTV18.com

View | How technology is transforming holistic healthcare in India

By CNBCTV18.com ContributorMini The future of the healthcare industry will be driven by technology integration. Over the last few years, technology integration has proved instrumental in elevating the efficiency and effectiveness of businesses cutting across product categories and service domains. The healthcare sector too has got its share of benefits with new-age technologies revolutionising both functional procedures and operational mechanisms of the industry. Cloud-based Digital Records: Thanks to technology integration, the healthcare sector today is capable of collecting, collating, and analysing the entire data and records of patients electronically. The future of the healthcare industry will be driven by technology integration.

3 months ago CNBCTV18.com

BREAKING NEWS

39 minutes ago - Sterling Could Fall Further as BOE May Have Reached Peak Rates 39 minutes ago - Exxon’s profits leave BP and Shell in the shade 39 minutes ago - Dani Alves Pleads With Wife Joana Sanz After She Files For Divorce 42 minutes ago - New Apple HomePod UK release date, price and how to buy today 44 minutes ago - Eddie upbeat for ‘intriguing’ World Cup 53 minutes ago - Jones family State of the Union: Packers offense comes to Dallas committed to Dak & Zeke 1 hour ago - Playtime is purr-fect for your cat’s welfare 1 hour ago - OKX becomes Name Sponsor of Istanbul Fintech Week 1 hour ago - Great West Life Assurance Co. Can Purchases Shares of 8,323 Armstrong World Industries, Inc. (NYSE:AWI) 1 hour ago - How a Tom Brady-loving grandma inspired the making of ‘80 for Brady’ 1 hour ago - FIA sets £264k bill for new F1 entries as criteria Andretti must meet made public 1 hour ago - Connor Flowers Cause of Death: Olivia Flowers’s Brother, Died at the Age of 32 1 hour ago - World Cup winner Raphael Varane retires from France team 1 hour ago - Talking points ahead of Ireland's Six Nations opener with Wales in Cardiff 1 hour ago - New talent and industry veterans mix at Vanity Fair EE Rising Star Party 1 hour ago - 10 observations about Virginia’s new population estimates 1 hour ago - Dublin band Wild Youth in running to represent Ireland at Eurovision 2023 1 hour ago - AlphaTauri confirm driver line-up for two-day Pirelli test at Paul Ricard 1 hour ago - 'I get the same vile pictures and threats as Emily Atack, hundreds every day' 1 hour ago - Solway Sharks juniors selected for world's most prestigious minor hockey tournament 1 hour ago - Tennis star Kyrgios to contest Australian assault charge 1 hour ago - Mercedes tech chief not 'a huge fan' of 2022 F1 regulations, claims they have not led to closer racing 1 hour ago - Tennis Star Nick Kyrgios Admits Assaulting Ex-Girlfriend But Avoids Conviction 1 hour ago - Blues Brothers 2000: Goofy sequel to cult hit gave viewers the blues 1 hour ago - Cork's John Lydon says he's singing from the heart on Late Late Show Eurosong special tonight 1 hour ago - BBC documentary row: SC issues notice to Centre, seeks report within 3 weeks 1 hour ago - Ashley Roberts and Emily Atack lead the glamorous departures from BAFTAs Vanity Fair party 1 hour ago - Sonos Move review: a Bluetooth smart speaker with Alexa Built-in 1 hour ago - Six Nations Fantasy: Six premium players who are worth the price tag 1 hour ago - Eurovision 2023: John Lydon 'shaking' as he makes bid for Ireland 1 hour ago - Breitling launches dynamic, limited-edition watch range dedicated to Six Nations Rugby 2 hours ago - Virtual Reality in Tourism Market is expected to witness impressive growth between 2023 and 2028 | Including 108 Pages Report 2 hours ago - Air Bed Market Is Expected to Increase with Positive Growth Rate, Owing to the Adoption of the Modern Advertising Technology 2 hours ago - Nick Kyrgios admits assaulting girlfriend: ‘I’m sincerely sorry’ 2 hours ago - Sons share update with new picture of Sarah Beeny ahead of her cancer surgery 2 hours ago - Festival mood hits Joburg – welcome to The Championships 2 hours ago - What is a suspected Chinese spy balloon doing above the US? 2 hours ago - F1 team boss claims Mohammed ben Sulayem 'has to go' as pressure mounts on FIA 2 hours ago - What Are Dividend Contenders? Investing in Dividend Contenders 2 hours ago - Ryan Tubridy Skipped Toy Show The Musical 2 hours ago - Global PC Films Market Upcoming Trends and Business Opportunities 2023-2030 2 hours ago - ‘Why, why, why?’ – 9 famous songs that were banned 2 hours ago - When Lewis Hamilton responded to having Max Verstappen as a potential teammate: "If there is a chance..." 2 hours ago - SC issues notice to Centre on pleas against blocking of BBC documentary 2 hours ago - As dancers leap, ballet members hope hearts flutter for Ukraine 2 hours ago - Blinken gave Netanyahu a ladder for his gov't, will he take it? 2 hours ago - Tech giants fall – Daily Business 2 hours ago - Why I remain bullish on the Shell share price 2 hours ago - Chinese spy balloon flying over US airspace, says Pentagon 2 hours ago - Global Recommendation Engine Market Comprehensive Research Report 2023 | Latest Trends, Key Players, Opportunities, Risks Factors Analysis and Forecast to 2029 2 hours ago - Shorter season having no impact as GAA back on commercial track 2 hours ago - Time to talk terms: key Arsenal trio among 20 best players out of contract in 2024… 2 hours ago - Massive ‘Stonehenge of the North’ opens to the public 2 hours ago - China's crackdown cost Apple $6 billion in iPhone sales last quarter 2 hours ago - Today's rugby news as Wales players 'on edge' around Warren Gatland and world star quits overnight 2 hours ago - Red Bull set to announce Ford power unit partnership after media leak 2 hours ago - Rita Ora flashes giant engagement ring for the first time in public 2 hours ago - The media blackout over Qatargate 3 hours ago - Federal Govt Saves N45.7bn From Digitalisation Of IT Project Clearance – Buhari 3 hours ago - Why the Church is Israel’s best friend against Iran