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Pakistan’s inflation drops to single digit after nearly 3 years
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[ad_1] A shopkeeper uses a calculator while selling spices and grocery items along a shop in Karachi on June 11, 2021. — Reuters ISLAMABAD: Pakistan’s annual core inflation, measured by Consumer Price Index (CPI), decelerated further to 9.6% in August,…
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Pakistan records lowest inflation in nearly three years | The Express Tribune
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[ad_1] Listen to article Pakistan’s consumer price index (CPI) rose by 9.6 per cent year-on-year (YoY) in August, marking a 34-month low, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday. The CPI, which tracks household inflation by…
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Pakistan’s oil output drops by 25% in 10 years: PPIS | The Express Tribune
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[ad_1] Listen to article Crude oil production in Pakistan decreased from 94,500 barrels per day in 2015 to 70,500 barrels per day in 2024, according to the Pakistan Petroleum Information Service (PPIS). Gas production also saw a significant decline, dropping by 900…
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Govt plans to add 20m new taxpayers during 5 years | The Express Tribune
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[ad_1] ISLAMABAD: The federal government has shared with the IMF a five-year revenue generation plan aiming at bringing more than 20 million new tax payers in the tax net. The plan includes proposed targets for broadening the tax net during…
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Pakistan needs at least 3 years to implement IMF’s structural reforms: FinMin
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[ad_1] Finance Minister Muhammad Aurangzeb speaking during an interview with US think tank Atlantic Council. — X/@Financegovpk WASHINGTON: As Pakistan eyes another International Monetary Fund (IMF) bailout package, Finance Minister Muhammad Aurangzeb said that the South Asian nation needs two to…
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Sam Bankman-Fried says sorry before being sentenced to 25 years in crypto fraud case
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[ad_1] Sam Bankman-Fried Sentenced to 25 Years in Federal Prison for $8 Billion Fraud. — Sam Bankman-Fried. (AFP File) Sam Bankman-Fried, a former big shot in the world of cryptocurrencies, has been sentenced 25 years in US federal prison for…
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Bankman-Fried sentenced to 25 years for FTX fraud | The Express Tribune
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[ad_1] Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind’s dramatic downfall. US…
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Nepra extends KE’s licence for 20 years
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[ad_1] Men work on electric pylons along the roadside in Karachi on May 30, 2021. — AFP/File The National Electric Power Regulatory Authority (Nepra) Friday granted K-Electric (KE) a 20-year extension for supplying power to the metropolis and other cities….
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China’s consumer prices fall fastest in 3 years | The Express Tribune
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[ad_1] BEIJING: China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery. The Consumer Price Index (CPI) dropped 0.5% both from…
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Strong macros toss Pakistan stocks to highest in over 6 years
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[ad_1] A stock broker watches share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP Stocks rallied Friday as the bulls pushed the market by over 300 points and it…
