Business

UK economy stumbles but price pressures remain high: flash PMI

LONDON (Reuters): Britain's economy showed signs of a slowdown this month but inflation pressures stayed high, according to a survey…

11 months ago

Indian rupee plunges, but clings to 82/dlr on portfolio inflows

MUMBAI (Reuters): The Indian rupee declined on Friday, but performed better than the other Asian currencies, thanks to persistent foreign…

11 months ago

India to cut power tariffs during the day, raise them for peak night hours

NEW DELHI (Reuters): New electricity rules in India will allow for cuts in power tariffs of up to 20% during…

11 months ago

US banks push back as regulators prepare international capital hikes

WASHINGTON (Reuters): U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could…

11 months ago

European stock markets retreat

LONDON (AFP): European stock markets retreated Thursday as traders track more rate hikes from central banks aimed at cooling elevated…

11 months ago

Exports increase by 22.13% to Rs.8.187 trillion

F.P. Report ISLAMABAD: The exports from the country in the rupee term witnessed an increase of 22.13 percent during the…

11 months ago

Gold prices decline by Rs.200 to Rs218,500 per tola

F.P. Report ISLAMABAD: The per tola price of 24 karat gold decreased by Rs.200 and was sold at Rs.218,500 on…

11 months ago

Rupee gains 24 paisas against US Dollar in interbank

F.P. Report ISLAMABAD: Pakistani Rupee on Thursday gained 24 paisas against the US Dollar (USD) in the interbank trading as…

11 months ago

Pakistan Stock Exchange loses 68 points

F.P. Report ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) shed 68.75 points on Thursday, a slight negative change…

11 months ago

Turkey hikes interest rate in Erdogan policy U-turn

ISTANBUL (AFP): Turkey on Thursday pivoted away from years of unconventional economics promoted by President Recep Tayyip Erdogan as the…

11 months ago

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