hikes
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Govt hikes petrol price by Rs9.99 per litre
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An fuel station worker holds a petrol nozzle at a petrol pump. — Reuters The government has hiked the petrol price in the country by Rs9.99 per litre under the latest fortnightly review of the fuel rates. Moreover, the price…
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Govt hikes petrol price by Rs7.45 per litre
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Employees at a fuel station wait for customers in Islamabad on February 16, 2022. — AFP The petrol price in Pakistan has been hiked by Rs7.45 per litre from Rs258.16 to Rs265.61 for the next fortnight in line with the…
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Sindh hikes sales tax to 15% | The Express Tribune
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KARACHI: The Sindh government has announced an increase in the rate of provincial sales tax on services by 2 percentage points, raising it to 15% effective from July 1. This move is expected to exacerbate inflation as it is an…
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Which US jobs experienced biggest pay hikes in 2023?
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The US added 336,000 new jobs in September from an upwardly revised 227,000 in August. — X/@bloomberg The average weekly wage for workers in the United States increased by 1.7% between 2019 and 2023, despite rising costs for everything from…
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Bank of England holds rate after 14 straight hikes as inflation hits brakes
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A pedestrian walks past the Bank of England in London. —AFP/File The Bank of England (BoE) Thursday kept its primary policy interest rate unchanged, ending a streak of 14 consecutive rate hikes, a decision that follows an unexpected slowdown in…
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UAW strike: US auto workers launch first-ever joint action for wage hikes
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GM workers with the UAW Local 2250 Union strike outside the General Motors Wentzville Assembly Plant on Sept. 15, 2023 in Wentzville, Mo. USA Today The United Auto Workers (UAW) union has initiated a targeted strike at three major auto…
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Petrol, diesel witness massive price hikes | The Express Tribune
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ISLAMABAD: In another massive hike in the rates of petroleum products on Friday after the interim set-up took over the reins in August, the price of petrol was increased by Rs26.02 per litre while that of high-speed diesel (HSD) by…
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SBP hikes key policy rate by 100 basis points to 22% | The Express Tribune
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KARACHI: Fulfilling another demand of the International Monetary Fund (IMF) to revive its loan programme, Pakistan’s central bank jacked up its key policy rate by 100 basis points to a new record high at 22 per cent in an emergency…
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Pak Suzuki hikes bike prices
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Suzuki GS 150 bike parked outside a showroom in Karachi. — The News/Illustration One of the major players in the two-wheeler segment in terms of market share, Pak Suzuki Motors, Monday announced increasing the rates of its motorcycles as the…
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SBP hikes policy rate by 100bps to record high of 21% | The Express Tribune
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In line with market expectations, Pakistan’s central bank hiked its benchmark policy rate by 100 basis points to a new record high of 21% on Tuesday as the bank took measures to anchor rising inflation in the country. State Bank…
