Category: Business

Saudi Aramco to buy 40% stake in major Pakistani oil company | The Express Tribune

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KARACHI: Saudi Arabia’s Aramco Tuesday signed an agreement to acquire a 40% equity stake in a Pakistani gas and oil company, said a statement from the Saudi company. Aramco Executive Vice President of Products & Customers Yasser Mufti, Chief Executive Officer of Lahore-based Gas & Oil Pakistan Ltd. (GO) Khalid Riaz signed the agreement. The…

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Petroleum products prices expected to witness a major reduction on December 16 – SUCH TV

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Petrol and diesel prices in Pakistan are poised to experience a reduction in the upcoming week, with reports indicating a noteworthy decline. The anticipated decrease amounts to Rs13 per litre for petrol and an even more substantial reduction of Rs15 per litre for diesel, slated for implementation on December 16, pending approval in the fortnightly…

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RBI Keeps Repo Rate Unchanged, Home Loan EMIs Likely to Remain The Same – News18

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Last Updated: December 08, 2023, 10:08 IST RBI MPC Meeting December 2023: Reserve Bank of India (RBI) on Friday, December 8, kept repo rate unchanged, maintaining status quo on the previous policy. RBI Governor Shaktikanta Das said that the monetary policy committee has decided to keep repo rate at 6.5 per cent unanimously. With RBI…

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Business

RBI MPC Keeps Repo Unchanged At 6.5% For Fifth Time; FY24 GDP Raised To 7%, Inflation Kept At 5.4% – News18

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The RBI’s monetary policy committee on Friday decided to keep the repo rate unchanged at 6.5 per cent, unanimously. This is the fifth time in a row that the central bank has paused the key interest rates. The RBI has raised the FY24 GDP projection to 7 per cent, from 6.5 per cent earlier. It…

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Business

Banks Will Open Five Days In A Week? Check What Banking Association Has Demanded

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New Delhi: In a significant move to enhance the work-life balance for banking professionals, India’s banking sector, through the Indian Banks Association (IBA), has put forth a proposal to declare all Saturdays as banking holidays. The union finance ministry confirmed this proposal in Parliament, shedding light on the potential shift from the current two Saturdays off…

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Dr Pepper Awards Two $100,000 Scholarships to Correct Halftime Blunder

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The Big 12 Championship game between the Texas Longhorns and the Oklahoma State Cowboys on Saturday delivered the kind of controversy-mired barn burner that inspires legions of college football fans to pack stadiums and jam sports bars every weekend. But the real competition, it turned out, was not between the football teams (Texas won a…

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Solo women travel picked up in the July-Aug quarter, says travel company – Times of India

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MUMBAI: In the July to August period, which is considered a lean period for air travel, demand for flights from solo women travellers went up by six percent as compared to the April to June period, according to the latest travel trends report released by online travel company, Cleartripon Friday. Bangkok emerged as the preferred…

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‘Social engineering is a real threat’ | The Express Tribune

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KARACHI: Experts and regulators in the banking sector have called for widespread dissemination of awareness and technological solutions among customers and local people regarding social engineering frauds in the digital age to curb them. They made this call while addressing participants at a one-day conference titled “Financial Crime in the Digital Age”—addressing the growing threats…

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PSX reaches new highs, crosses 59,000 milestone in intraday trading – SUCH TV

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Continuing its bull run from the preceding sessions, the benchmark index of the Pakistan Stock Exchange (PSX) hit yet another all-time high on Friday and crossed the 59,000 milestone. According to the PSX website, the KSE-100 index stuck 59,402.82 points at 10am, up 502.98 or 0.85 per cent from the previous close of 58,899.84. The…

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