Bank of England ‘optimistic’ as it edges closer to summer rate cut
Its comments came as UK interest rates were left unchanged at a 16-year high of 5.25%. Source link
Category: Business
Telecoms protest SIMs blocking | The Express Tribune
ISLAMABAD: Cellular mobile operators (CMOs) are mandated to provide uninterrupted services to their customers, except in circumstances specified in the Telecom Act and relevant regulations. However, there are no instances where CMOs can disconnect or block service to any customer. This was the essence of a letter penned by the telecom industry to the Ministry…
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Gold prices in Pakistan continue to drop – SUCH TV
Gold prices continued to slide downward in Pakistan for the sixth successive session on Saturday. Gold price per tola hit Rs238,000 after a single-day fall of Rs1,600. The 10-gram gold was sold at Rs204,047 after a decrease of Rs1,257, according to the rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA). On…
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97.76% of Rs 2000 Banknotes Returned, Rs 7,961 Crore Yet To Be Deposited: RBI – News18
The Rs 2000 banknotes continue to be legal tender, says the RBI. RBI says Rs 2,000 banknotes in circulation, which amounted to Rs 3.56 lakh crore as at the close of business on May 19, 2023, has now declined to Rs 7,961 crore The Reserve Bank of India (RBI) on Thursday said 97.76 per cent…
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Beyond Fame, Meet Mukesh and Anil Ambanis Lesser Known Sisters Who Have Achieved Success In Their Own Ways
New Delhi: Mukesh Ambani and Anil Ambani’s family are renowned and fascinating personalities in the business world. As we all know, Mukesh Ambani is the Chairman and Managing Director of Reliance Industries. Moreover, he is the richest person in Asia. Mukesh Ambani’s businessman brother Anil Ambani also grabs the headlines. Beyond the spotlight of the…
Even With Gaza Under Siege, Some Are Imagining Its Reconstruction
On a December morning in central London, more than two dozen people drawn from influential institutions across the Middle East, Europe and the United States gathered in a conference room to pursue an aspiration that, at that moment, verged on preposterous. They were there to plan for the reconstruction and long-term economic development of Gaza….
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Sainsbury’s set for ‘strong’ profit growth despite deliveries glitch
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sainsbury’s has said it expects to deliver “strong” profit growth over the year ahead after cheering surging food sales by reining prices to help win customers from rivals….
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Applying for Europe travel visa? No immediate benefit of new Schengen visa rules likely for Indians; long appointment wait times continue – Times of India
Applying for a European visa? The travel industry has welcomed the new “favourable” Schengen visa rules for Indians, but industry executives believe that the changes are unlikely to provide any immediate relief for those seeking to travel to Europe who have been frustrated by long appointment wait times for the past three years. However, they…
Tesla: EV giant cuts prices in major markets as sales fall
The move comes after the firm reported a sharp fall in deliveries in the first three months of 2024. Source link
Power sector faces Rs560b in losses | The Express Tribune
ISLAMABAD: Federal Minister for Energy Sardar Awais Leghari said on Thursday that the country would face Rs560 billion in losses in the power sector by the end of June this year. He mentioned that Rs200 billion are billed in the power sector but remain unrecovered from consumers, while another Rs300 billion are lost due to…
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