Business

PIA privatization; Deadline extended for submission of declaration of interest

Amid ongoing discussions on PIA privatization, they've decided to extend the deadline for submitting interest declarations by 15 days. Federal Minister for Privatisation, Abdul Aleem Khan, asserted that the deadline...

Slashed fuel prices to offer relief to the public: Prime Minister Shehbaz shariff

Prime Minister Shehbaz Sharif announced that the inflation rate has dropped from 39 percent to 17 percent over...

India’s forex reserves rise to one-month high

India's foreign exchange reserves increased by $2.6 billion to $586.11 billion, a one-month high, according to figures released...

Govt decides to increase strategic oil reserves

The federal cabinet has decided to boost the strategic oil reserves. Govt increase oil reserves: The decision was made...

Gold rates register decrease in Pakistan

Pakistan's gold prices decreased in line with the tola price, which fell by Rs. 1,200 on the local...

Most Gulf markets gain despite hawkish Fed

The Saudi index extended losses from the previous session, but most stock markets in the Gulf closed the day higher despite the U.S. Federal...

Europe stocks slide after Fed hike hint, before BoE

After the Federal Reserve said it would raise rates again this year and ahead of a razor-thin Bank of England decision, European stock markets...

IMF chief insists caretaker PM on collecting more tax

Kristalina Georgieva, the head of the International Monetary Fund (IMF), met with acting Prime Minister Anwar ul Haq Kakar in New York, and stressed...

Oil prices dip as investors await Federal Reserve decision

The US Federal Reserve's interest rate announcement, oil prices began retreating from recent highs. Oil prices dip: Investors are unsure of when interest rates will...

UK inflation in surprise drop to 18-month low

Data released on Wednesday revealed unexpectedly low inflation in Britain in August, which gave rise to the possibility that the Bank of England's widely...

Open-market: rupee slips lower against US dollar

The Pakistani rupee slightly declined versus the US dollar. rupee slips against dollar: Currency dealers contacted by Business Recorder reported that they quoted the rupee...

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