Express
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Hungary hopes inflation will dip below 6% | The Express Tribune
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[ad_1] BUDAPEST: Hungary’s government hopes inflation will ease back below 6% by the end of 2022 paving the way for a phasing out of price caps on basic foods, fuel and mortgages, Prime Minister Viktor Orban said on Saturday. Inflation,…
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Surging oil prices add to worries of frazzled investors | The Express Tribune
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[ad_1] NEW YORK: A US stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and Ukraine, now has another worry ie higher oil prices. US crude prices stand at around $91 a barrel after…
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Rupee drop: winners and losers | The Express Tribune
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[ad_1] ISLAMABAD: In the past three and a half years, the local currency has depreciated by around 31% against the US dollar to stand at Rs175.86 in the inter-bank market on Friday (February 18). Experts believe that this devaluation has…
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Pandemic turbulence | The Express Tribune
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[ad_1] PUBLISHED February 20, 2022 KARACHI: If the terrorist attacks of September 11, 2001, triggered the most significant contraction in the airline industry’s history, the onset of the Covid-19 pandemic can easily qualify as apocalypse for global aviation. Shortly after…
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SPI rises 0.22% | The Express Tribune
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[ad_1] The Sensitive Price Indicator (SPI) for the week ended February 17, 2022 registered an increase of 0.22% for the combined income group, going up from 169.23 points during the week ended February 10, 2022 to 169.61 points in the…
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Pakistan Railways asked to revamp strategy | The Express Tribune
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[ad_1] FAISALABAD: Pakistan Railways (PR) should revisit its strategy to run maximum number of fast passenger and cargo trains, proportionate to their capacity, from main stations in order to become a profitable entity, suggested Faisalabad Chamber of Commerce and Industry…
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Car financing drops by Rs2b in January | The Express Tribune
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[ad_1] KARACHI: The outstanding car financing eventually dropped 0.6% (or Rs2 billion) on a month-on-month basis to Rs352 billion in January 2022, breaking the upward streak witnessed over the past 18 months. Earlier, the authorities concerned engineered a programme to…
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Meeting discusses plan for industrial expansion | The Express Tribune
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[ad_1] ISLAMABAD: The government is taking steps to boost the development of industrial sector on a priority basis because it is essential for the country’s economic progress, said Prime Minister Imran Khan. Chairing a meeting on the development of industrial…
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PTA implements rationalisation plan | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan Telecommunication Authority (PTA) has implemented a rationalisation plan for 1,800 MHz spectrum to increase the efficiency of telecom sector. “PTA conducted a spectrum auction in September 2021 in accordance with the policy directive of the government of…
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Progress on Punjab projects slows | The Express Tribune
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[ad_1] ISLAMABAD: Chief Minister Usman Buzdar-led government of Punjab has failed to show progress on foreign-funded projects in areas of environment, tourism and agriculture that are close to the development programme of Prime Minister Imran Khan. The Ministry of Economic…
