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Category: Business

Rupee extends losses against US dollar – SUCH TV

Posted on August 16, 2023 By Admin No Comments on Rupee extends losses against US dollar – SUCH TV
Rupee extends losses against US dollar – SUCH TV

The Pakistani rupee fell by Rs2.99 against the US dollar during interbank trade on Wednesday, extending its losses from the previous day. The local currency was changing hands at Rs294.50 against the greenback at around 12:24pm, according to data from the Exchange Companies Association of Pakistan (ECAP). In the open market, the dollar was being…

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Business

Fiscal Health: Chhattisgarh Second Best After Maha; Bengal, Punjab, Kerala Biggest Laggards – News18

Posted on August 13, 2023 By Admin No Comments on Fiscal Health: Chhattisgarh Second Best After Maha; Bengal, Punjab, Kerala Biggest Laggards – News18
Fiscal Health: Chhattisgarh Second Best After Maha; Bengal, Punjab, Kerala Biggest Laggards – News18

Chhattisgarh, one of the poorest states in the country, is the second best in overall fiscal health scorecard after Maharashtra, and ahead of Telangana, while the bottom three are Bengal, Punjab and Kerala, shows a report by a foreign brokerage. Based on the FY24 first budget estimates, the top three states are Maharashtra, Chhattisgarh and…

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Business

Indian Railways Passenger Gets Whopping Food Bill With 66 Percent GST; IRCTC Says…

Posted on August 11, 2023 By Admin No Comments on Indian Railways Passenger Gets Whopping Food Bill With 66 Percent GST; IRCTC Says…
Indian Railways Passenger Gets Whopping Food Bill With 66 Percent GST; IRCTC Says…

Passengers travelling via the Indian Railways often turn to Twitter in case they face any problems. These complaints by the passenger travelling via trains are often addressed by the behemoth organisation via their Twitter handles. This is probably why the Twitter handle is often flooded with the grievances of the passengers. Adding to the list, one…

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Business

China’s Economy Faces Yet Another Threat: Falling Prices

Posted on August 9, 2023 By Admin No Comments on China’s Economy Faces Yet Another Threat: Falling Prices
China’s Economy Faces Yet Another Threat: Falling Prices

The United States has spent much of the past 18 months struggling to control inflation. China is experiencing the opposite problem: People and businesses are not spending, pushing the economy to the verge of a pernicious condition called deflation. Consumer prices in China, after barely rising for the past several months, fell in July for…

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Business

Full list of Wilko stores at risk of closure as firm files for administration

Posted on August 6, 2023 By Admin No Comments on Full list of Wilko stores at risk of closure as firm files for administration
Full list of Wilko stores at risk of closure as firm files for administration

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 Wilko’s plans to file for administration puts all of its 400 stores at risk and could mark the end of the largest privately owned retailer in the UK….

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Business

Star Health: At 79, Star Health’s founder set to launch another insurer – Times of India

Posted on August 5, 2023 By Admin No Comments on Star Health: At 79, Star Health’s founder set to launch another insurer – Times of India
Star Health: At 79, Star Health’s founder set to launch another insurer – Times of India

MUMBAI: Insurance veteran V Jagannathan, known for building Star Health Insurance from scratch in 2006, after retiring as CEO of a public sector insurer, is planning an encore. The feisty 79-year-old has drawn up plans to launch yet another health insurance company. The move to set up another company comes months after Jagannathan abruptly quit…

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Business

Janet Yellen: Credit downgrade ‘puzzling’ and ‘unwarranted’

Posted on August 2, 2023 By Admin No Comments on Janet Yellen: Credit downgrade ‘puzzling’ and ‘unwarranted’
Janet Yellen: Credit downgrade ‘puzzling’ and ‘unwarranted’

Janet Yellen defends the US, as stock markets fall after credit downgrade. Source link

Business

SBP keeps key policy rate unchanged at 22% | The Express Tribune

Posted on July 31, 2023 By Admin No Comments on SBP keeps key policy rate unchanged at 22% | The Express Tribune
SBP keeps key policy rate unchanged at 22% | The Express Tribune

KARACHI: The central bank on Monday announced that the key policy rate – the cost of banks’ lending – would remain unchanged at 22 per cent. Notably, in its first meeting after a new loan programme by the IMF, the SBP was scheduled to review its key policy rate today. It was to assess whether it…

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Business

Pakistan’s total foreign reserves reach $13.53 billion – SUCH TV

Posted on July 28, 2023 By Admin No Comments on Pakistan’s total foreign reserves reach $13.53 billion – SUCH TV
Pakistan’s total foreign reserves reach $13.53 billion – SUCH TV

The total liquid foreign reserves of Pakistan stood at US$13,534.1 million while reserves held by the central bank reached $8,186.1 million. The State Bank of Pakistan, in a statement issued here on Thursday, informed that SBP’s reserves decreased by US$ 541 million to US$ 8,186.1 million mainly due to external debt repayments during the week…

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Business

Gold Rate Rises Today In India: Check Latest 22 Carat Price In Your City On July 27 – News18

Posted on July 27, 2023 By Admin No Comments on Gold Rate Rises Today In India: Check Latest 22 Carat Price In Your City On July 27 – News18
Gold Rate Rises Today In India: Check Latest 22 Carat Price In Your City On July 27 – News18

Check gold rates in different cities on July 27, 2023. (Representative image) Gold rate today: Retail gold price in India per 10 grams is trending above Rs 60,000 in many cities on July 27 Gold Rate Today In India: Retail gold price in India per 10 grams of the yellow metal is trending around Rs 60,000 in many cities on July…

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