The Bangladeshlivenews reported that Bangladesh left Pakistan behind in all the sectors of the economy in 2023-24 as Dhaka presented a budget of USD 71 billion and a growth rate of 7.5 per cent, whereas Pakistan's growth rate is only 3.5 per cent and inflation cost is 21 per cent. Bangladesh
The decrease in wholesale inflation is mainly attributed to the decline in cereals, wheat, vegetables, potato, fruits, eggs meat and fish, oilseeds, minerals, crude petroleum and natural gas, and steel among others in May
Indian stock indices traded largely steady on Wednesday morning. Sensex and Nifty traded with a minor 0.1 per cent loss each at the time of writing this report, attributable to profit booking by investors.
Talking to the media after the job fair, Anurag Thakur said, "Today, 70,000 youth in the country were given appointment letters at the employment fair. PM Narendra Modi provided employment opportunities to the youth. India's capitalist economy has reached a record level. Exports have also be
The country remains mired in political and economic crises, amid punishing inflation that neared 38 per cent in May. On Monday, the central bank left its benchmark rate unchanged at a record-high 21 per cent, saying it thinks inflation has "peaked."
China has been tackling a sharp decline in prices with factories getting less for their products from key overseas markets. The producer price index (PPI) for May reduced by 4.6 per cent, witnessing a decline for an eighth consecutive month, Gulf Today reported citing the National Bureau of
Retail inflation in India further eased sharply in May to 4.25 per cent, hitting a two-year low. It was at 4.7 per cent in April and 5.7 per cent the previous month.
Indian stock indices started the new week on a steady note with investors largely eyeing May inflation data scheduled to be released this week for further course of action.
By December 2022, Pakistan's external debt had reached USD 126 billion; accounting for 35 per cent of its GDP. The problem is an outcome of legacy issues plaguing the Pak economy including dwindling foreign exchange reserves, high inflation, a lack of foreign investments and balance of payme