Search For "economy"
Pakistan likely to increase fuel prices
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 28 (ANI): Fuel prices in Pakistan are expected to rise before August as the country is required to meet conditions imposed by the International Monetary Fund, local media reported citing sources.
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Pak to sell shares of state-owned entities, LNG power projects to friendly
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 29 (ANI): In order to tackle the country's crippling economy and contain inflation, Pakistan Finance Minister, Miftah Ismail on Wednesday announced that the government is looking forward to amend the laws for the sale of shares of listed state-owned entities wit
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UK rivals for PM grilled by Tory members in first clash
Updated : 3 years, 11 months ago IST
London [UK], July 29 (ANI): In a bid to succeed Boris Johnson as UK's next Prime Minister, British Foreign Secretary Liz Trus said that she would prefer not to impose further windfall taxes on oil and gas companies while former Chancellor Sunak backtracked by putting forward the idea of scra
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US economy shrinks for second straight quarter, furthers recession fears
Updated : 3 years, 11 months ago IST
Washington [US], July 28 (ANI): Real gross domestic product (GDP) in the US decreased at an annual rate of 0.9 per cent in the second quarter of 2022 (April-June), marking the second consecutive quarter of degrowth which qualifies for a technical recession.
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Himachal govt to form panel to address apple growers' concerns: Jai Ram Th
Updated : 3 years, 11 months ago IST
Shimla (Himachal Pradesh) [India], July 28 (ANI): Himachal Pradesh Chief Minister Jai Ram Thakur on Thursday announced that a committee, headed by the chief secretary, would be constituted to check the exploitation of horticulturists by the traders, private CA store owners and others at vari
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No surprise that US economy is slowing down: Biden
Updated : 3 years, 11 months ago IST
Washington [US], July 28 (ANI): US President Joe Biden on Thursday said it is "no surprise" that the world's largest economy is slowing down amid rising inflation in the country.
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US GDP falls for second-straight quarter, signs of a possible recession
Updated : 3 years, 11 months ago IST
Washington [US], July 28 (ANI): US Gross Domestic Product contracted by 0.9 per cent in the second quarter of this year after a first-quarter drop of 1.6 per cent, the US Commerce Department said Thursday in a preliminary estimate that technically placed the economy in a possible recession.
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Pakistani rupee dives to 240 per US dollar
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 28 (ANI): Pakistan rupee depreciated at a record low against the US dollar on Thursday as it dropped to PKR 240.5 against the dollar in the interbank market.
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Dairy sector a major contributor in growth of rural economy: PM Modi
Updated : 3 years, 11 months ago IST
Sabarkantha (Gujarat) [India], July 28 (ANI): Prime Minister Narendra Modi on Thursday said that the dairy sector has been a major contributor to the growth of the rural economy in India and through the launch of technology-driven projects at Sabar Dairy the government will able to support f
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Singapore, US, Mauritius top countries for FDI inflows into India in FY 20
Updated : 3 years, 11 months ago IST
New Delhi [India], July 28 (ANI): Singapore, at a share of 27.01 per cent and the United States, at a share of 17.94 per cent, have emerged as the top two sourcing nations in Foreign Direct Investment (FDI) equity flows into India in the financial year 2021-22, followed by Mauritius, Netherl
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World should stay focused on economic stabilisation of Afghanistan: US off
Updated : 3 years, 11 months ago IST
Kabul [Afghanistan], July 28 (ANI): It is in the interest of the world to stay focused on the economic stabilization of Afghanistan, according to a US official who said that Washington is ready to ensure support to the Afghan people.
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Afghan Children in immediate need of humanitarian aid: Report
Updated : 3 years, 11 months ago IST
Kabul [Afghanistan], July 28 (ANI): Since the Taliban took control of Afghanistan and significant contraction of the country's economy coupled with rising poverty, and financial instability, an organisation Save the Children in a report highlighted that 24.4 million people in Afghanistan, in
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