Pakistan Govt raises policy interest rate by 200 bps for IMF Bailout: In the midst of a severe economic crisis, Pakistan's government has decided to raise the policy rate to 19% or 200 basis points, a 2% increase. It is currently at 17 percent. A new high in Pak’s level of Interest rate: The ...

Trade resumes as Pakistan, Afghanistan reopen Torkham crossing: Normal trade and travel between Pakistan and Afghanistan have resumed after the two countries reopened a key border crossing that had been closed nearly a week ago by Afghanistan's Taliban rulers, stranding people and thousands of ...

Russia initiates mission to return crew stranded on ISS: A Russian Soyuz spacecraft took off on a mission to return to Earth a crew that had been stranded on the International Space Station (ISS) due to a cooling system leak in their previous return capsule. February 2023 Current Affairs Quiz ...

Abu Dhabi defence firm, India's HAL sign MoU at UAE's defence expo : UAE's leading defense group, EDGE signed a Memorandum of Understanding with India's aerospace firm Hindustan Aeronautics Limited (HAL) at the International Defence Exhibition and Conference (IDEX).Aim: To explore the areas of ...

Pakistan receives $700 mln funds from China: Ishaq Dar, Pakistan's Finance Minister, announced that his country has received $700 million from the China Development Bank. The deposit comes as Pakistan has been struggling with its external debt and has barely enough dollars to cover less than three ...

UN approves resolution calling for Russia to leave Ukraine after 1 year: The UN General Assembly approved a nonbinding resolution that calls for Russia to end hostilities in Ukraine and demands the withdrawal of its forces, sending a strong message on the eve of the first anniversary of the ...

INS Sumedha reaches Abu Dhabi to participate in IDEX and NAVDEX : Indian Naval Ship Sumedha has reached Abu Dhabi, United Arab Emirates (UAE) to participate in Naval Defence Exhibition (NAVDEX) 2023 and International Defence Exhibition(IDEX) 2023.Agenda: To showcase the strengths of India's ...

Ben Stokes breaks world record for smashing most sixes in Test cricket history : England Test captain Ben Stokes on 18 February became the player to hit the most number of sixes in the history of Test cricket, surpassing England coach and former New Zealand cricketer Brendon McCullum in the match ...

Russia-China and South Africa starts joint military exercise: In what some nations claim is an endorsement of Russia’s invasion of Ukraine, South Africa is beginning a joint military drill with Russia and China. The 10-day naval exercises, which coincide with the first anniversary of the war in ...

Employees sacked by Google parent Alphabet in India: Alphabet, the parent firm of Google, has let go of over 500 workers in India who worked in the legal, sales, marketing, and other areas. According to sources speaking to Business Insider India, the fired workers were locked out of their work ...