Search For "inflation"
Soaring inflation dampens Ramzan's spirits in Pakistan
Updated : 3 years ago IST
Rising food inflation has hit Pakistanis particularly hard this year. Ramzan - the festival of prayer and lavish food preparations has been overshadowed by soaring inflation in the country as the price of fruits has increased from PKR 350 to 400.
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Amid blasphemy and bankruptcy, religious extremism continues to dominate P
Updated : 3 years ago IST
Pakistan is on the verge of bankruptcy and is roiled by several crises such as food shortage, high inflation, shrinking trade, unemployment, power outage, political instability, and growing debt. Yet, the focus has been on making religious punishments more rigorous.
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Pakistan economic crisis: Stampede at flour bags distribution
Updated : 3 years ago IST
A man was killed in Charsadda, and several others were injured in Swabi and Kohat. Another man in Bannu died after the boundary wall of a flour mill collapsed ahead of flour distribution. In the Hasilpur Tehsil of southern Punjab, at least five women were injured in a stampede at a free flou
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As country reels under inflation, Pakistanis feel pocket pinch in Ramzan m
Updated : 3 years ago IST
Rising inflation has dampened the Ramzan spirit in Pakistan. As the country prepares for the holy month, many seem to have lost their faith in the State that governs them, reported DW News.
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Pakistan: Weekly inflation jumps to 46.65 pc on record flour price
Updated : 3 years ago IST
All-time high price of wheat flour pushed weekly inflation up 1.80 pc week-on-week and 46.65pc year-on-year during the seven-day period that ended on March 23, 2023, pointing to even tougher times ahead, Geo News reported.
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Indian stock indices extend losses, fall marginally Friday
Updated : 3 years ago IST
Largely, the fall is in line with weakness in the US markets, which are volatile as the US Federal Reserve further hiked interest rates to bring down inflation to its target even as volatility in the banking system continued due to the recent collapse of some banks.
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HDFC Life strengthens retirement portfolio with 'HDFC Life Smart Pension P
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], March 23 (ANI/NewsVoir): HDFC Life, one of India's leading life insurers, has launched HDFC Life Smart Pension Plus - a plan that enables customers to achieve financial independence after retirement, in the form of a regular and guaranteed1 stream of income, sim
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Indian stocks close in red on continued US Fed's interest rate hike
Updated : 3 years ago IST
Indian stocks settled lower on Thursday in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target even as volatility in the banking system continued due to r
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US Fed further hikes interest rate in fight against high inflation
Updated : 3 years ago IST
The US monetary policy committee, seeking to achieve maximum employment and inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by 25 basis points to 4.75-5.0 per cent at its latest two-day review meet.
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Indian stocks decline on US central bank's continued interest rate hike
Updated : 3 years ago IST
Indian stocks fell Thursday during the morning trade in line with weakness in the US markets, which declined sharply overnight as the US Federal Reserve went ahead with its further monetary policy tightening to bring down inflation to its target-- even as volatility in the banking system
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Saudi Arabia refuses 'easy money' to Pakistan, demands economic reforms
Updated : 3 years ago IST
Saudi Arabia is no longer willing to bail out Islamabad and refused to provide 'easy money' to Pakistan, demanding economic reforms, reported Middle East Eye.
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Politicians' actions to protect their own political interests push Pakista
Updated : 3 years ago IST
Amid the cash crunch, the coalition government led by Pakistan Muslim League-N and the opposition Pakistan Tehreek-e-Insaf have taken their fights to the streets, without giving much attention to inflation and even democracy.
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