India’s August retail inflation stays below 4% for second consecutive month | The Express Tribune
NEW DELHI: India’s August retail inflation remained below the central bank’s target of 4% for the second consecutive month, but vegetable prices continued to soar, dampening hopes of a dovish stance in the next monetary policy meeting. Annual retail inflation was at 3.65% in August, higher than the revised 3.60% in July and economists’ forecast of 3.5%. India’s […]
Retail sector advocates sustainable tax policies | The Express Tribune
ISLAMABAD: In a crucial meeting with the Senate finance committee, representatives of the Pakistan Retail Business Council (PRBC) presented their point of view against the proposed increase in sales tax from 15% to 18% on Point of Sales (POS)-connected retailers. The plea was compelling enough that it not only won the consensus of all senators […]
Sukuk: empowering retail investors | The Express Tribune
KARACHI: The debut of Pakistan’s inaugural listed sovereign Sukuk in December last year, valued at Rs30 billion, on the Pakistan Stock Exchange (PSX), alongside robust investor interest totaling nearly Rs400 billion, has paved the way for the consistent issuance of Shariah-compliant securities. This momentum could catalyse the creation of innovative Islamic capital market products such […]
Retail sector to set up outlets abroad | The Express Tribune
LAHORE: Welcoming the organised retail sector’s endeavours to expand in the international arena, caretaker Federal Minister of Industries and Production Gohar Ejaz has assured them of maximum policy support as the sector plans to boost exports through e-commerce and setting up outlets abroad. In a meeting with a high-level delegation of the Chainstore Association of […]