Rising at an alarming 43.25% year-on-year, Pakistan’s Sensitive Price Indicator (SPI) reflects a dire cost-of-living crisis exacerbated by food inflation and increasing energy tariffs. Stagnant […]
Category: Business
Pakistan’s inflation woes continue as SPI rises to 43.25% year-on-year.
The Sensitive Price Indicator (SPI) in Pakistan has surged to 43.25% year-on-year, with food inflation and escalating energy tariffs compounding the country’s cost-of-living crisis. Chicken, […]
Self-Driving cars expected on british roads by 2026, says UK transport minister.
LONDON (Reuters) – British Transport Minister Mark Harper has indicated that self-driving cars could become a reality on some UK roads by 2026. While cars […]
Payment issues delay Russian crude oil shipments to Indian oil corp.
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 […]
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 […]