Electric cars lose market share as private sales fall
Car sales overall grew in March but fewer individuals are buying electric vehicles. Source link
Category: Business
Real interest rate turns positive | The Express Tribune
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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What will be the new Petrol price from April 1? – SUCH TV
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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Key Infrastructure Sectors’ Growth Slows to 6.7% in February – News18
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…
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ED Attaches Properties Worth Rs 124.57 Crore in Delhi, Gurugram Belonging To M3M, Other Realtors
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…
China’s Plan to Spur Growth: A New Slogan for Building Factories
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…
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Some banks will open on Sunday, March 31! Check full list of RBI’s Agency Banks here – Times of India
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)…
Aldi’s cheapest Christmas dinner claim was misleading, says advertising watchdog
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
Charting through uncertainty | The Express Tribune
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…
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IMF asks Pakistan to revisit NFC Award – SUCH TV
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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