Oil prices dip as investors await Federal Reserve decision
Brent crude futures experienced decrease of $1, reaching $93.33 per barrel
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Money
Pakistan: ADB economic outlook report forecasts inflation to go down from 29% to 25%
General polls to boost economic confidence in Pakistan’s economy: ADB outlook September 2023
Gold prices hold steady amidst Fed policy anticipation, inflationary concerns
Spot gold holds steady at $1,930.51 per ounce, remaining below recent peak reached on Tuesday
Pakistan ships 340 tons of rice abroad
Global dynamics continue to affect trade patterns.
Massive countrywide petrol shortage looms
Pakistan Petroleum Dealers Association chairman says several petrol pumps in Karachi rapidly depleting fuel reserves
Global debt reaches record high at $307trn despite rising interest rates
China, India, and Brazil witnessed the most substantial increases in debt.
Pakistan’s gold imports surge by 44.13 percent
The trade deficit for July–August 2023–2024 was $3.763 billion
Cryptocurrency's growing influence on sports
NFTs have gained immense popularity in sports world
Circular debt surges to Rs2.31 trillion in June 2023
This marks unsettling 2.5% year-on-year increase, equivalent to additional Rs57 billion
Digital currency: Will Pakistan's bold move bring economic stability?
SBP already commenced groundwork for introduction of digital currency
Gold holds near two-week highs as dollar weakens
Spot gold showed marginal 0.1% decline, trading at $1,930.39 per ounce
Oil prices surge as weak US shale output sparks supply deficit concerns
Brent crude futures experienced increase of 41 cents, or 0.43%, reaching $94.84 per barrel
Pakistani rupee continues to strengthen against US dollar
Dollar slips by Rs1.05 in interbank marker on Tuesday afternoon
PSX wins global award for another year
This is third consecutive year in which PSX has won this award
Capacity payments of IPPs: How it is draining Pakistan's battery
Capacity payments of externally funded power plants have increased by 145%
Modest increase in cement prices across Pakistan
Construction sector remains a key player in Pakistan's economic growth
Pakistan's cotton arrivals hit 3.93 million bales
Cotton and textile exports remain pillars of Pakistan's economy
Chinese electric car manufacturer set to establish EV plant in Pakistan
This thrilling revelation comes after meeting between delegation from Chinese Group
From last year to now: Pakistan's alarming petroleum price surge
Govt wants to reduce fuel consumption to save foreign exchange reserves, experts
US government shutdown looms in two weeks
House of Representatives speaker McCarthy announces intention to bring defense spending bill to vote this week
Pakistani rupee maintains winning streak against US dollar
In opening session of day, greenback depreciates by Rs50 paisas
Top 5 most cheapest electric bike in Pakistan
E-bikes offer the convenience of reduced operating costs, minimal environmental impact
Bank loan rescues PIA: Employee salaries paid, flight operations on track
PIA also intends to allocate resources to fulfill its obligations to fuel companies
Pakistan's August mobile phone imports skyrocket to Rs33 billion
Mobile phone imports for this period totaled a staggering Rs51.85 billion
Oil prices surge to $94.32 per barrel amid supply shortfall
Saudi Arabia and Russia extended their production cuts
FINANCE
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Dollar near 6-week high ahead of US jobs report; yen wobbles
Markets pricing in 33% chance of Fed cutting interest rates in November by 50 bps
PSX hits record high; KSE-100 index surges to 82,722 points
Record reflects robust performance across oil and gas, fertilisers, cement, automotive sectors
Pakistan’s exports rise by 14.1%; trade deficit widens
Pakistan records 9.86% increase in imports during first quarter of financial year
Gold prices in Pakistan make massive gains
Meanwhile, silver prices in local market remain stable at Rs3,050 per tola
Pakistan's inflation falls lower than govt projections
Annual inflation rate drops to 6.9% in September, marking significant decline from last year's alarming 31.4%
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