Tag: Business News
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...
IMF ‘rejects’ Pakistan’s relief plan on electricity bills
The International Monetary Fund (IMF) has prevented Pakistan from providing assistance to power users who use more than 200 units each month. IMF ‘rejects’ relief...
Pakistan’s GDP to rebound to 1.9pc in FY24: ADB report
The Asian Development Bank (ADB) forecast that Pakistan's gross domestic product (GDP) growth will moderately rebound to 1.9% in fiscal year 2023–2024 from 0.3%...
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...
Motorway police announce massive increase in traffic fines
To reduce violations and maintain commuter safety, the National Highways and Motorway Police (NHMP) has announced a significant increase in traffic fines. Motorway police increase...
US stocks dip as OECD trims 2024 forecast
Wall Street stocks fell as markets processed a gloomy OECD outlook and rising Treasury bond yields. US stocks dip: The Organisation for Economic Co-operation and...