Pakistan to witness economic contraction in FY23: Ismail Iqbal Securities Brokerage house report projects industrial growth to come at a negative 4% in FY23 Updated 03 Jan, 2023 08:15pm
World Russia revises up 2021 GDP growth estimate from 4.7pc to 5.6pc MOSCOW: Russia’s federal statistics agency on Friday revised up its estimate for economic growth in 2021 from 4.7%... Published 02 Jan, 2023 06:43am
World India’s jobless rate rises to 16-month high of 8.30% in Dec NEW DELHI: India’s unemployment rate rose to 8.30% in December, the highest in 16 months, from 8.00% in the previous... Published 01 Jan, 2023 12:20pm
Opinion Geo-dynamics – 2023 At the start of 2023, the catch words are flux, realignment, reset, new world order, pivot, tilt. I am no... Updated 30 Dec, 2022 06:40am
Business & Finance Vietnam reports strong economic growth of 8 percent HANOI: Vietnam’s economy grew by eight percent in 2022, driven by strong exports and retail sales, authorities said... Published 29 Dec, 2022 11:57am
World Jobs for Emiratis: UAE pushes work for own citizens DUBAI: With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf’s... Updated 28 Dec, 2022 01:18pm
Opinion A ‘permission economy’ Pakistan has become a “permission economy” due to over and inefficient regulations. This regulatory burden has... Published 28 Dec, 2022 04:12am
Business & Finance China revises 2021 GDP growth up to 8.4% from 8.1% BEIJING: China has revised up its estimate of 2021 gross domestic product (GDP) growth to 8.4% from 8.1% previously,... Published 27 Dec, 2022 10:48am
BR Research On e-banking channels After a bit of delay, the Payment Systems Review for FY22 was finally released by the SBP last weekend. Within that... Published 26 Dec, 2022 09:28am
World Sanctions to help cut Belarus GDP by 4% in 2022, says PM - Interfax The economy of Belarus is expected to shrink by 4% in 2022 after western nations imposed punitive measures, much ... Published 25 Dec, 2022 01:33am
Print Around 6pc growth: What did FY22 experience bring to the fore? KARACHI: Pakistan’s economy achieved a real GDP growth of around 6 percent, for a second consecutive year in FY22,... Updated 22 Dec, 2022 09:42am
Supplements Economic conditions to remain tough during current fiscal year 2022-23 TEXT: The Pakistani economy is passing through a perfect storm due to troubling international and domestic dynamics.... Published 20 Dec, 2022 05:58am
Business & Finance French growth to slow to 0.3 pct in 2023: central bank PARIS: French economic growth will slow considerably in 2023 due to the energy crisis and inflation, before bouncing... Published 18 Dec, 2022 11:35am
Opinion Lack of prudent macroeconomic policies “The curious task of economics is to demonstrate to men how little they really know about what they imagine they... Published 14 Dec, 2022 05:57am
Opinion Shortfall in revenues The last financial year witnessed a record performance by the FBR (Federal Board of Revenue). Tax revenues increased... Published 13 Dec, 2022 05:58am
Business & Finance UK economy rebounds from royal funeral hit, outlook remains bleak LONDON: Britain’s economy rebounded in October a little more strongly than expected from September when output was... Published 12 Dec, 2022 01:49pm
Business & Finance Saudi Arabia's GDP grows 8.8% year-on-year in Q3 Oil activities grew by 14.2% year-on-year in the third quarter, but GDP growth was also boosted by 6% growth in non-oil activities Updated 11 Dec, 2022 06:31pm
Markets US Fed poised for smaller rate hike with eye on wage growth Decision will be announced after a two-day meeting of the policy-setting Federal Open Market Committee (FOMC) starting Tuesday Updated 11 Dec, 2022 06:27pm
Pakistan China achieved over 10-fold rise in GDP in last four decades: speakers KARACHI: China has tremendously improved the living standard of its people during last three decades and alleviated... Published 11 Dec, 2022 04:02am
Supplements South Asian Countries Real GDP Growth % TEXT: South Asian region (excluding Afghanistan) 2021 2022(f) 2023(f) 2024(f) 7.8 5.8 5.8 5.8 Maldives... Published 09 Dec, 2022 07:00am
Markets India’s central bank set to raise rates; outlook on growth, inflation in focus MUMBAI: The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday... Published 07 Dec, 2022 10:51am
Markets Air pollution hurts Bangladesh GDP as well as health: World Bank Air pollution in Bangladesh is robbing the South Asian nation of economic growth as well as causing premature death... Published 04 Dec, 2022 03:10pm
Business & Finance Smeda, APTMA agree to set up 1,000 stitching units to increase exports LAHORE: The Small & Medium Enterprises Authority (Smeda) and the All Pakistan Textile Mills Association (APTMA)... Published 02 Dec, 2022 05:47am
Business & Finance India’s economy likely slowed to annual 6.2% in July-Sept BENGALURU: The Indian economy likely returned to a more normal 6.2% annual growth rate in July-September after... Published 28 Nov, 2022 11:39am
Opinion Growth takes the cake! Several economic team leaders throughout the world rely on data manipulation to show a performance that is at odds... Published 28 Nov, 2022 06:13am
Business & Finance China’s industrial profits drop further as COVID woes take toll on economy BEIJING: China’s industrial firms saw overall profits decline further in the January-October period as COVID-19... Published 27 Nov, 2022 12:29pm
Opinion Default imminent? The mantra “Pakistan is heading for a default” and the counter narrative “that it is not going to default”... Published 26 Nov, 2022 04:13am
Business & Finance Rs965bn revenue collection target set for Dec ISLAMABAD: The revenue collection target of the Federal Board of Revenue (FBR) for December 2022 has been fixed at... Updated 24 Nov, 2022 09:39am
BR Research Economic slowdown shows in power generation October 2022 marked the fifth month in a row, where electricity generation went down year-on-year. Even peak Covid... Published 22 Nov, 2022 09:17am
Opinion The cost of political uncertainty The failed attempt on the life of former prime minister Imran Khan has raised temperatures throughout the country... Published 07 Nov, 2022 05:49am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?