New Delhi: India’s inflation rate based on the Consumer Price Index (CPI) declined further to 0.25 per cent in October as the impact of the GST rate cut brought down the prices of goods and services during the month, according to figures released by the Ministry of Statistics on Wednesday. The retail inflation eased further,…
The Bank of England (BoE) on Thursday kept its benchmark interest rate unchanged at 4%, opting for caution ahead of the UK government’s upcoming budget later this month that is expected to include tax increases, AFP reported.Governor Andrew Bailey said the central bank remained confident that rates were on a “gradual path downwards” but stressed…
New Delhi: Pakistan’s inflation surged to 6.2 per cent in October — the highest in a year — amid floods and Afghan border closures affecting food supplies, a recent media report said. The surge was caused by floods in Punjab and ongoing closures of key trade crossings with Afghanistan, especially at border points such as…
Shoppers carry Macy’s and Nordstrom bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic Analysis is scheduled to release personal spending figures on December 20. David Paul Morris | Bloomberg | Getty Images While the impact so far this year has been muted, tariffs are expected…
Index sheds 1,286 points as investors adopt cautious stance before roll-over week KARACHI: The Pakistan Stock Exchange (PSX) came under renewed selling pressure on Friday, extending its corrective streak as investors braced for next week’s key monetary policy announcement and futures roll-over. The benchmark KSE-100 Index slumped by 1,286 points, or 0.78%, to close the…
