Indian Oil Corp (IOC), the country’s largest refiner, is facing delays in shipments of Russian Sokol crude due to payment problems. The state refiner has […]
Category: Business
Bank of Japan policymakers divided on future exit from ultra-Loose monetary policy.
A summary of opinions from the Bank of Japan’s (BOJ) recent meeting reveals a division among policymakers regarding the potential exit from ultra-loose monetary policy. […]
United States secures three million barrels of oil for strategic petroleum reserve replenishment.
The U.S. Department of Energy has announced the finalization of contracts to acquire three million barrels of oil, marking a strategic move to replenish the […]
Global struggle with rising costs of living hits low-income groups, gig economy workers seek rights.
The escalating costs of living are becoming an existential challenge for a vast majority worldwide, impacting both developing nations like Pakistan and developed countries in […]
Pakistan faces inflation surge of 42.60% admidst economic challenges.
Pakistan is grappling with a surge in inflation, witnessing a 42.60% increase during the past week. The Sensitive Price Index (SPI), based on 51 essential […]
British designer champions lab-grown diamonds and recycled materials in jewelry.
Award-winning British designer Anabela Chan is challenging the traditional luxury of natural diamonds by creating jewelry with lab-grown gems and recycled materials. Chan, motivated by […]
US car manufacturers boost non-union worker pay in wake of UAW’s record deals.
Car companies with production facilities in the United States are increasing pay for their non-unionized workers following the United Auto Workers (UAW) securing landmark wage […]
Gold Prices Surge to Record High in Pakistan with a $3 Increase per Ounce
The All Pakistan James and Jewelers Association emphasizes that the current global gold rate stands at $2023 per ounce, underlining the interconnectedness of Pakistan’s gold market with international trends. The $3 increase per ounce reflects the dynamic nature of precious metal prices in response to global economic shifts.
KSE-100 index witnesses 1.40% decline amid profit-taking and global oil price fall.
On Monday, the Pakistan Stock Exchange’s benchmark KSE-100 Index experienced a notable decline of 1.40%, driven by a trend of profit-taking that has been evident […]