Pak to impose new taxes worth Rs 200 bn to comply IMF conditions

The two draft ordinances prepared for Rs 100 billion each in taxes and flood levies. Pakistan is also considering...

More interest rate hikes needed to fight inflation: US Fed guv

In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still...

World Bank slashes Pakistan GDP growth projection to 2 per cent

Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account...

IGL hikes CNG price in Delhi-NCR by 95 paise

Customers will now have to pay up to Rs. 79.56 for a kg of CNG in Delhi, while it will cost around Rs. 82.12 per kg...

Foreign investors purchase 3.6 trillion won of Korean stocks

Seoul [South Korea], December 12 (ANI/Global Economic): Foreign investors have bought domestic stocks and bonds for...

Rate hikes hitting industry bottom line, reliefs needed: FKCCI

"There are no two views that taming inflation is critical," said BV Gopal Reddy, president, Federation of Karnataka...

RBI hikes repo rate to keep inflation anchored

The inflation trajectory has largely evolved in line with the outlook given by us in June 2022, Shaktikanta Das...

RBI hikes repo rate by 35 bps to 6.25 pc

The Monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 35...

Tamil Nadu: AIADMK stages hunger protest against price rise

All India Anna Dravida Munnetra Kazhagam (AIADMK) on Friday staged a hunger protest against price rise, power tariff...

Indian stock indices hit fresh highs on strong fundamentals

Robust foreign fund inflows into Indian equities, the appreciating Rupee, and hints by the US central bank about the...

Pakistan: Hike in interest rate reaches highest in 24 years

The interest rate in Pakistan skyrocketed to its highest in 24 years after the State Bank of Pakistan (SBP) raised...

Pak: SBP hikes interest rate to 16 per cent to curb inflation

The State Bank of Pakistan (SBP) jacked up its policy rate by 16 per cent on Friday, the Express Tribune reported on...