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IMF sees stability gains in Tanzania, touts SMEs and job creation

Tanzania, May 14 -- Dar es Salaam. The International Monetary Fund (IMF) has formally acknowledged the significant strides made by Tanzania in achieving macroeconomic stability. This recognition come... Read More


Dar to host ICGLR Women Parliamentary Conference 2026

Dodoma, May 14 -- Approximately 200 women parliamentarians from all 12 member states of the International Conference on the Great Lakes Region (ICGLR) are expected to gather in Dar es Salaam later thi... Read More


Tax filing failures could become criminal offences

Sri Lanka, May 14 -- Sri Lanka prepares to introduce strict criminal penalties for taxpayers who fail to meet procedural requirements under proposed amendments to the Inland Revenue Act. Suresh Perera... Read More


Modi's call for economic patriotism - rationale

India, May 14 -- Lawrence Wong, Prime Minister of Singapore, instructed delegates of a conference to 'avoid business suits' and wear white shirts, they complied. This was in 2016, when Wong was the Mi... Read More


Open Society Foundations commit $30M to groups fighting antisemitism, anti-Muslim hate

India, May 14 -- Open Society Foundations, the family philanthropy founded by hedge fund billionaire George Soros, is putting $30 million toward groups fighting antisemitism and anti-Muslim hate over ... Read More


Govt approves incentive for coal gasification projects with outlay of Rs 37,500 crore

India, May 14 -- The Union Cabinet on Wednesday approved a Rs 37,500-crore incentive scheme to promote coal gasification projects, aimed at boosting clean energy production and reducing dependence on ... Read More


Stock markets snap four days of losses; end marginally higher

India, May 14 -- Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday, snapping their four-day losing streak, as elevated crude oil prices and persistent geopolitical uncerta... Read More


Rupee crashes to record 95.80 against USD

India, May 14 -- The rupee on Wednesday slipped to an all-time low of 95.80 against the US dollar, and settled at 95.67 near its record closing low level, as the cumulative strain of elevated crude pr... Read More


DRI, Customs officers to intensify vigil on gold smuggling post import duty hike

India, May 14 -- The revenue intelligence and customs officers are likely to intensify surveillance and step up vigil on international borders to check possible gold smuggling after the sharp hike in ... Read More


Withdrawal of funds to be automated: EPFO

India, May 14 -- Retirement fund body EPFO will soon automate the process for settling final provident fund withdrawal claims, fast-tracking the money transfer to the applicant's bank accounts, a top ... Read More