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 […]
Category: Business
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 […]
Japan’s Ruling party proposes income tax breaks to alleviate price hike impact.
Japan’s ruling Liberal Democratic Party (LDP) tax reform panel has outlined income tax breaks to cushion households from the impact of price hikes, signaling a […]
Asian development bank (ADB): Pakistan’s inflation to ease despite averaging 28.5% July–October; South Asia growth forecast revised upwards.
According to the Asian Development Bank’s (ADB) latest report ‘Asian Development Outlook December,’ inflation in Pakistan has averaged 28.5% over the July–October period. However, the […]
Saudi Aramco Invests Significantly in Pakistan’s Energy Sector
This joint venture marks a strategic move by Aramco to expand its footprint in Pakistan’s energy market. The acquisition of significant shares in the gas and oil sector demonstrates Saudi Arabia’s commitment to strengthening economic ties with Pakistan and participating in the country’s energy development.
Saudi Arabia proposes innovative trade platform during Arab league meeting.
In the 56th session of the Arab League’s Implementation and Follow-up Committee of the Economic and Social Council, Saudi Arabia introduced a proposal for a […]