In Tokyo, the Nikkei 225 index climbed 0.9% to 38,841.75. The Hang Seng in Hong Kong added 0.8% to 18,569.48 and the Shanghai Composite index […]
Category: Business
Global markets poised for gains as ECB and other central banks cut rates.
Global stocks neared an all-time high and the euro gained ground on Thursday in anticipation of the European Central Bank’s (ECB) first interest rate cut […]
Federal government sets budget at Rs295 per US dollar amid anticipated currency devaluation.
In preparation for the financial year 2024-25, the federal government has chosen to set the budget with an exchange rate of Rs295 per US dollar, […]
Lahore anti-terrorism court extends interim bail of PTI founder imran khan in arson cases.
On Friday, the Anti-Terrorism Court (ATC) in Lahore extended the interim bail of PTI founder Imran Khan in connection with three arson cases stemming from […]
Federal Budget Proposal Set for June 10: Focus on People-Friendly and Agricultural Support Measures
The federal budget for the new financial year, set to be presented on June 10, promises to be a crucial policy document aimed at addressing both economic stability and social welfare.
Gold Prices Decline by Rs 500 per Tola in Pakistan
Predicting future gold prices is inherently challenging due to the numerous factors at play. However, some analysts believe that if the global economy continues to recover and stabilize, gold prices may remain subdued. On the other hand, any resurgence in economic uncertainty or inflation fears could lead to a rebound in gold prices.
Iran plans to boost oil output amid OPEC+ tensions.
Iran, a key member of the Organization of the Petroleum Exporting Countries (OPEC), has approved a plan to increase its oil output to four million […]
Chinese premier li qiang encourages further samsung investment amid geopolitical challenges.
Chinese Premier Li Qiang expressed China’s welcome for increased investment from Samsung during a meeting with the company’s chairman, Jay Y. Lee, in Seoul on […]
Federal Government Ends Gas Subsidy for Fertilizer Factories
This development underscores the delicate balance between economic policy and its real-world implications, particularly in sectors as vital as agriculture. The government’s commitment to finding viable alternatives will be crucial in ensuring that the benefits of this policy adjustment