trendingnewswithaditi

UN chief invokes Simla Agreement, calls for ‘maximum restraint’ on Kashmir The Secretary-General’s remarks came after India on Monday revoked Article 370 to withdraw the special status to Jammu and Kashmir and bifurcated the state into two Union Territories C urrent Affairs :- UN boss Antonio Guterres on Thursday asked India and Pakistan to work out “most extreme restriction” and abstain from making strides that could influence the status of Jammu and Kashmir, as he featured the Simla Agreement which rejects any outsider intervention on the issue. The Secretary-General’s comments came after India on Monday disavowed Article 370 to pull back the exceptional status to Jammu and Kashmir and bifurcated the state into two Union Territories – Jammu and Kashmir and Ladakh. Pakistan named the Indian activity as “one-sided and illicit”, and said it will take the issue to the UN Security Council. “The Secretary-General has been following the circumstance in Jammu and Kashmir wit...

Pakistan economy critical, facing major challenges due to weak growth: IMF Cash-strapped Pakistan, which currently has a currency reserve of less than $8 billion, approached the Washington-based IMF in August 2018 for a bailout package International :- Pakistan is confronting “huge financial difficulties” due to a powerless and uneven development and that its economy is at a basic point where it needs an aspiring and intense arrangement of changes, the IMF has said. Destitute Pakistan, which as of now has a money hold of under $8 billion – enough to cover just 1.7 long periods of imports – moved toward the Washington-based International Monetary Fund (IMF) in August 2018 for a bailout bundle after the Imran Khan government dominated. The worldwide moneylender a week ago officially endorsed the $6 billion advance to Pakistan, which is confronting “noteworthy” monetary difficulties on the back of “enormous” financial and budgetary needs and “frail and lopsided” development...