Pakistan mishandled funds linked to housing reconstruction for Balochistan flood victims

IANS | August 24, 2026 9:02 PM

Islamabad, Aug 24 (IANS) The World Bank has expressed dissatisfaction with Pakistani authorities' handling of funds related to housing reconstruction for flood victims in Balochistan province. The World Bank's reaction came after Pakistani authorities stopped housing support and redirected resources for infrastructure projects, a report has detailed.

Hockey World Cup: India men lose to Argentina, crash out of semis race

IANS | August 24, 2026 8:59 PM

Amstelveen, Aug 24 (IANS) The Indian men's team crashed out of the FIH Hockey World Cup 2026, losing 3-5 to former Olympic Games gold medallist Argentina in their Pool E match in Stage 2 of the premier competition at the Wagener Hockey Stadium in Amstelveen, Netherlands, on Monday.

RBI's dollar-rupee swap facility helps rake in $73 billion forex in 11 weeks

IANS | August 24, 2026 8:25 PM

New Delhi, Aug 24 (IANS) The Reserve Bank of India's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings (OFCB), and External Commercial Borrowings (ECB), launched on June 8, has driven an unprecedented surge in foreign exchange inflows into the country to the tune of $73 billion as on August 21, according to a Finance Ministry statement on Monday.