KARACHI: Pakistan’s real interest rate – the current interest rate minus the inflation reading – has entered positive territory on a spot basis after a gap of 37 months on Monday, increasing the probability that the central bank will make the first cut in its policy rate in the next monetary policy scheduled for late…
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The federal government is preparing to announce new petrol price with an increase of Rs 10 per litre from April 1, fuelling inflation in the county. However, if the authorities gave in to the IMF demands petrol price may increase by up to Rs50 per litre. The prices will rise due to the premium on…
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The eight core sectors contribute 40.27 per cent to the country’s Index of Industrial Production. (File Photo) The growth rate in the output of these sectors slowed to 7.7 per cent in April-January this fiscal against 8.2 per cent in April-February 2022-23 The growth of eight key infrastructure sectors slowed to 6.7 per cent in…
Read More “Key Infrastructure Sectors’ Growth Slows to 6.7% in February – News18” »
NEW DELHI: The Enforcement Directorate (ED) has attached immovable properties worth Rs 124.57 crore belonging to RS Infrastructure Private Ltd, M/s Kenwood Mercantile Private Ltd, M3M India Holding, M/s Goodfaith Builders Private Ltd and other suspects involved in money laundering in connection with the case of M/s Religare Finvest Limited and others, said the ED…
From the top of the government, China is heavily promoting a plan to fix the country’s stagnant economy and offset the harm from a decades-long housing bubble. The program has a fresh slogan, presented foremost by Xi Jinping, the country’s top leader, as “new, quality productive forces.” But it has features that are familiar from…
Read More “China’s Plan to Spur Growth: A New Slogan for Building Factories” »
March 2024 bank holidays: Certain bank branches will be open to cater to government transactions for the fiscal year 2023–2024 on Sunday, March 31. This decision comes from the Government of India, which has asked all bank branches handling government receipts and payments to remain operational on that day. The Reserve Bank of India (RBI)…
It also said people would think Which? had given Aldi a “cheapest Christmas dinner” award. In fact, Which? had found that a Christmas meal was only 4p cheaper at Aldi than at Lidl, and had given each of the discounters “budget-friendly Christmas dinner” crowns. Source link
PUBLISHED March 17, 2024 ISLAMABAD: Prime Minister Shehbaz Sharif has begun his second term in office on a note of defiance. He successfully resisted the pressure and did not appoint family relative and party’s old economic guard Ishaq Dar as the new finance minister. Shehbaz Sharif has drawn the curtain on Ishaq Dar’s over quarter…
Read More “Charting through uncertainty | The Express Tribune” »
The International Monetary Fund (IMF) has called upon Pakistan to revisit the National Finance Commission (NFC) award with the provinces. This demand came during the second day of talks between Pakistani officials and the IMF under the second review of the $3 billion standby arrangement (SBA). Article 160 of the Constitution authorizes the president to…
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Apply for the scheme by visiting the official website. The grant amount was Rs 15,000 which will now be extended up to Rs 25,000 from the financial year 2024-25. The Uttar Pradesh state government, led by Chief Minister Yogi Adityanath, has recently announced an increase in the grant amount under the Mukhyamantri Kanya Sumangala Yojana….
Read More “UP Govt Hikes Grant Under Mukhyamantri Kanya Sumangala Yojana By Rs 10,000 – News18” »
