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Coronavirus
VERY HIGH
Pakistan Deaths
16,842
14424hr
Pakistan Cases
784,108
587024hr
Sindh
275,815
Punjab
282,469
Balochistan
21,365
Islamabad
72,150
KPK
110,875

coronavirus crisis

ECB should make clear its tolerance for overshooting inflation
Business & Finance

ECB should make clear its tolerance for overshooting inflation

  • The ECB has seen euro area inflation fall short of its near 2% target for eight years and expects to miss the target for years as the bloc emerges from the coronavirus crisis.
  • Nonetheless, he said there was room to improve guidance the ECB gives the market about how it aims to pursue its inflation target.
Published 13 Apr, 2021 08:43pm
UK 10-year gilt yield hits highest since last year's ‘dash for cash’
Markets

UK 10-year gilt yield hits highest since last year's ‘dash for cash’

  • Ten-year gilt yields edged up by almost 2 basis points to 0.843% .
  • Earlier on Monday, Bank of England Governor Andrew Bailey said he was more optimistic about the economy, "with a large dose of caution," and the rise in rates in financial markets was consistent with recovery prospects.
Published 15 Mar, 2021 06:04pm
Czech Airlines goes bust
World

Czech Airlines goes bust

PRAGUE: A Czech court said on Wednesday it had declared bankruptcy on struggling national carrier Czech Airlines,...
Updated 11 Mar, 2021 09:46am
France looks to ease family gifting rules to reduce savings glut
World

France looks to ease family gifting rules to reduce savings glut

  • Like many countries, France has seen a surge in savings during the coronavirus crisis due to various restrictions on movement that prevented people from spending in bars, restaurants, cultural venues and on trips.
  • The central bank estimated last month that households had built savings in excess of what could be expected under normal circumstances of up 120 billion euros ($144.4 billion) last year.
Updated 04 Mar, 2021 09:52pm