Business

PSX regains ground after govt’s fitting response to India’s sabre-rattling

PSX regains ground after govt’s fitting response to India’s sabre-rattling

KARACHI: After a period of sharp decline triggered by heightened geopolitical tensions, the Pakistan Stock Exchange (PSX) once again moved…
Sugar price cap flouted nationwide, shopkeepers sell for up to Rs180/kg

Sugar price cap flouted nationwide, shopkeepers sell for up to Rs180/kg

KARACHI: Market data shows that in spite of the government’s capping the retail price of sugar at Rs164 per kilogramme,…
Armed forces’ inclusion in new pension scheme faces further delay

Armed forces’ inclusion in new pension scheme faces further delay

The federal government is likely to further delay the inclusion of armed forces personnel in the contributory pension scheme, with…
China insists no trade talks with US, despite Trump claim

China insists no trade talks with US, despite Trump claim

China repeated Saturday that it had held no talks with the United States on trade issues, despite President Donald Trump’s…
World Bank chief economist sounds alarm on emerging market debt issues, urges liberalization

World Bank chief economist sounds alarm on emerging market debt issues, urges liberalization

WASHINGTON: Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing countries, but cutting…
World breathes sigh of relief as Trump spares Fed, IMF

World breathes sigh of relief as Trump spares Fed, IMF

WASHINGTON: Global policymakers gathering in Washington this week breathed a collective sigh of relief that the U.S.-centric economic order that…
US and EU not close to deal on tariffs – Dombrovskis

US and EU not close to deal on tariffs – Dombrovskis

WASHINGTON: The United States and the European Union still need a lot of work to reach a deal that would…
Wall Street ticks lower in premarket, but still poised for a winning week

Wall Street ticks lower in premarket, but still poised for a winning week

NEW YORK: Wall Street is on track to open with modest losses Friday, though the retreat before the bell is…
Finance minister showcases Pakistan’s economic reforms, secures global support

Finance minister showcases Pakistan’s economic reforms, secures global support

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb concluded the fourth day of his visit to Washington, DC,…
Nepra ends dollar indexation for four power plants, saves consumers Rs1.6tr

Nepra ends dollar indexation for four power plants, saves consumers Rs1.6tr

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has decided to stop using dollar-based indexations for the Haveli Bahadur Shah,…
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