Pakistan fails to meet IMF terms amid rising need for more funds

IANS | March 15, 2026 7:40 PM

New Delhi, March 15 (IANS) Pakistan is running into increasing difficulty in meeting the conditions set by the IMF for extending loans, while the country’s rising trade deficit and increased cost of oil imports due to the Iran war are adding to the problem, according to a report.

Adani Power wins deal for 1,600 MW power supply to MSEDCL

IANS | March 15, 2026 5:54 PM

Ahmedabad, March 15 (IANS) Adani Power Ltd (APL), India’s largest private sector power generator, announced on Sunday that it has received a Letter of Award from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for the supply of 1,600 MW of power from one of its upcoming ultra-supercritical thermal power projects.

India’s gems and jewellery exports rise 3.86 pc in Feb

IANS | March 15, 2026 5:39 PM

New Delhi, March 15 (IANS) India’s gems and jewellery exports rose 3.86 per cent year-on-year to $2,680.79 million (Rs 24,340.05 crore) in February, supported by exporters expanding into new international markets, according to data released by the Gem and Jewellery Export Promotion Council (GJEPC).

Consumers should book LPG online, no shortage of petrol or diesel: Govt

IANS | March 15, 2026 5:17 PM

New Delhi, March 15 (IANS) India remains self-sufficient in the production of petrol and diesel and no imports of the fuels are required to meet domestic demand as all refineries across the country are operating at high capacity and maintaining adequate crude oil inventories, according to the Ministry of Petroleum and Natural Gas on Sunday.

IMF holds back $1 billion loan as Pakistan fails to meet tax target

IANS | March 15, 2026 3:29 PM

New Delhi, March 15 (IANS) Negotiations between Pakistan and the International Monetary Fund (IMF) over the release of a $1 billion tranche have reportedly stalled again due to the country's weak tax collection and doubts about the credibility of the current budget, reports said.