Business
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...
Business
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...
Business
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...
Business
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...
Business
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...
Govt employees salary to be raised up to 35%, pensions by 17.5%
The federal cabinet has approved budget recommendations for the fiscal year 2023–2024, granting a significant compensation increase of up to 35% for government employees...
China inflation stays low as growth sputters
Official data released on Friday revealed that Chinese inflation remained unchanged in May despite requests for a rate decrease and further government support as...
European Shares Dip on Rate Jitters, Banks Rise
While advances in banks helped limit losses, rate-sensitive technology companies fell on Thursday as investors anticipated additional interest rate increases by major central banks. European...
Japan Upgrades Q1 GDP as Businesses Spending Picks Up
Revised figures released on Thursday revealed that Japan's economy expanded more than estimated in January through March. A post-pandemic increase in domestic spending and...
Govt Considers Hiking Petroleum Levy Rates to Record High
To comply with a further condition the International Monetary Fund (IMF) placed on the FY-2023–24 budget, the federal government is considering raising the tax...
Pakistan and Russia resolved to further cement bilateral ties
ISLAMABAD: On Tuesday, Pakistan and Russia reaffirmed their commitment to furthering bilateral cooperation in several fields, including the economy, commerce, finance, energy, and education. Pakistan...