US stocks retreat as Powell cautions on inflation NEW YORK: Wall Street stocks fell early Wednesday, giving back some of the prior session’s gains as markets awaited... Published 22 Jun, 2022 08:13pm
World Britain set for biggest rail strike in decades LONDON: Britain’s railway network this week faces its biggest strike action in more than three decades in a row... Published 21 Jun, 2022 05:51am
Opinion Iran: demand for bread increasing Outside his butchery in the south of Iran’s capital, Ali cuts up a sheep carcass for customers who, like him, have... Published 20 Jun, 2022 07:25am
Opinion Price hike and rising inflation It is quite unfortunate that the incumbent government is hardly doing anything but blaming its predecessor ... Published 20 Jun, 2022 07:25am
Print Sri Lanka troops open fire to contain fuel riots COLOMBO: Sri Lanka’s military opened fire to contain rioting at a fuel station, officials said Sunday as... Updated 20 Jun, 2022 09:57am
Markets Inflation, growth woes drive European shares down for third week LONDON: European stocks edged higher on Friday, but posted their third straight week of losses as a slew of interest... Published 20 Jun, 2022 05:51am
Business & Finance Experts call for increasing reliance on indigenous resources for power LAHORE: While the country looking for borrowings from IMF, analysts called for introducing a long-term strategy to... Published 20 Jun, 2022 05:51am
Print Soaring inflation: IK doubles down on anti-govt plan ISLAMABAD: Claiming that inflation in the country has soared to 30 percent, Chairman Pakistan Tehreek-e-Insaf (PTI)... Updated 20 Jun, 2022 09:57am
Business & Finance PBIF chief favours reducing burden on people KARACHI: Chairman of National Business Group Pakistan and president Pakistan Businessmen and Intellectuals Forum... Published 20 Jun, 2022 05:51am
Pakistan Govt may compromise Pakistan’s sovereignty for IMF deal: Imran Khan Says Pakistan wants help from the US to secure next tranche from lender Published 19 Jun, 2022 11:53pm
Markets Central banks walk inflation-recession tightrope PARIS: Central banks have ramped up their battle against runaway inflation, a necessary remedy that could have the... Published 19 Jun, 2022 10:28am
Pakistan Punjab govt devising plan to provide kitchen items at affordable rates Deputy commissioners and price control magistrates directed to ensure the availability of essential items at fixed rates Updated 19 Jun, 2022 09:08am
Business & Finance SBP urged to take steps for stopping rupee devaluation Vice President of PBF Ahmad Jawad says Pakistan cannot afford a 'dollarised' economy Updated 19 Jun, 2022 09:46am
Print Imran says he will announce future strategy today ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, Saturday said that he would announce his party’s... Updated 19 Jun, 2022 08:03pm
Pakistan Budget debate: GDA lambastes govt over fuel price surge ISLAMABAD: A dissident of Pakistan Tehreek-e-Insaf (PTI) Noor Alam Khan on Friday demanded the government to present... Published 18 Jun, 2022 06:00am
Print BoE nudges rates up again but says it’s ready to act forcefully LONDON: The Bank of England stuck to its gradual increases in interest rates on Thursday, as other central banks ... Published 17 Jun, 2022 07:09am
Pakistan NA budget debate: Treasury mum despite opposition MP’s protest over hike in POL prices ISLAMABAD: The MPs belonging to the ruling coalition government – who made it to the power corridors by ousting... Published 17 Jun, 2022 06:37am
Opinion FY23 budget: need for fiscal reforms “He who wishes to serve his country must have not only the power to think but the will to act” – Plato The... Updated 17 Jun, 2022 07:01am
Print PTI’s ‘big show’ against price hike, inflation on 19th ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman and former prime minister Imran Khan on Thursday announced a... Updated 17 Jun, 2022 09:56am
Markets New day, new low: Rupee closes at 207.67 against dollar Post-budget uncertainty shatters sentiment in currency market Updated 16 Jun, 2022 07:56pm
Business & Finance UK food price inflation of 15% is coming, industry researcher warns LONDON: Food price inflation in Britain is likely to peak at up to 15% this summer and will remain at high levels... Published 16 Jun, 2022 12:15pm
Pakistan Marriyum holds former govt responsible for high inflation ISLAMABAD: Federal Minister for Information and Broadcasting Marriyum Aurangzeb on Wednesday said that due to the... Published 16 Jun, 2022 06:03am
Markets Rupee tumbles to all-time low as US dollar strengthens globally Local currency closes at 206.46 against dollar Global markets are pricing in an outsized 75-basis-point interest rate hike by US Federal Reserve In Pakistan, a stalled IMF programme is also causing distress Updated 15 Jun, 2022 07:04pm
Business & Finance Australia hikes minimum wage by 5.2% amid inflation pressures SYDNEY: Australia’s independent wage-setting body on Wednesday raised the national minimum wage by 5.2%, largely in... Published 15 Jun, 2022 12:23pm
Pakistan Govt doesn't care about the poor: Imran Khan Former premier urges people to come out for a peaceful protest on his call Published 14 Jun, 2022 07:53pm
Business & Finance India's wholesale price inflation runs at 30 year high, makes rate hikes more likely NEW DELHI: High global energy and raw material prices combined with a weak rupee fueled the fastest annual rise in... Updated 14 Jun, 2022 06:25pm
Business & Finance Keeping China fed as inflation surges brings risk for commodity prices BEIJING: Bedevilled by high fuel and fertiliser costs, along with a labour crisis driven by Covid-19 restrictions,... Published 14 Jun, 2022 10:40am
BR Research Petroleum Levy: If wishes were horses Observers wasted no time in pointing out at the unrealistic and overly ambitious nature of the Rs750 billion targets... Updated 14 Jun, 2022 11:08pm
Opinion Outlook for inflation The multilateral agencies, World Bank, and the IMF, have recently updated their projections of the rate of inflation... Published 14 Jun, 2022 05:56am
Markets PSX sheds 1,134 points KARACHI: Pakistan Stock Exchange on Monday witnessed a bloodbath due to high inflationary and post-budget concerns.... Published 14 Jun, 2022 05:56am