Business
KARACHI: In a trading session marked by a mix of concern and optimism, the Pakistan Stock Exchange (PSX) on Monday registered a modest decline of 579 points as investors anxiously awaited the monetary policy announcement by the State Bank of Pakistan (SBP). In the morning, the market got off to a bullish start, which quickly…
More than 700,000 university graduates are out of work and claiming welfare benefits, new analysis by a think tank suggests. The Centre for Social Justice (CSJ) said 400,000 graduates were not in work and claiming Universal Credit, according to the latest statistics. There were 240,000 graduates who said they could not work due to health…
New Delhi: For millions of senior citizens in India, pension is the primary source of regular income after retirement. Many are unsure about how their pension is taxed and what deductions they can claim. Under the Income Tax Act, pension is treated as salary income, which means pensioners are eligible for the standard deduction just…
Transportation Secretary Sean Duffy said the Federal Aviation Administration still needs two more days to fully recover from the significant flight disruptions that came over the weekend due to the massive winter storm that swept across the country. In a Monday interview with CNBC’s “Squawk Box,” Duffy said the FAA is targeting Wednesday as the…
Last Updated:January 26, 2026, 19:11 IST With the dollar plumbing its lowest levels against a basket of major currencies in four months and volatility picking up, gold drew in a fresh wave of capital. AI-generated image used for representation Gold charged past $5,000 an ounce for the first time on Monday as an array of…
New Delhi: As India approaches Union Budget 2026-27, industry sentiment points to a clear shift from headline announcements to policy direction, continuity and execution, a survey showed on Monday. Against global uncertainty and a calibrated fiscal consolidation path towards a deficit of about 4.4 per cent of GDP, Budget 2026 is being read as a…
Last Updated:January 26, 2026, 16:53 IST Step into one of the narrow units and you will see looms humming non-stop, spools of coloured yarn stacked against walls, workers adjusting threads with the focus of muscle memory. For those who love sarees, Cubbonpete offers something rare, transparency. You see how your saree is made, who makes…
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Parents are spending an average of £234-a-year on vitamins and supplements for each of their children to boost immunity and…
Multiplex operator PVR INOX on Monday said it has sold its premium snacking business operating under the 4700BC brand to FMCG major Marico in an all-cash transaction valued at Rs 226.8 crore, as part of a strategic move to monetise non-core assets and strengthen its balance sheet.The PVR INOX board approved the divestment of its…
Ryanair has reported a sharp fall in quarterly profits after it was fined by Italy’s competition watchdog for abusing its market position over travel agencies. The budget airline posted post-tax profits of €30m (£26m) for the three months to December, down from €149m (£112m) a year earlier – an 83% drop. But the company remained…