PTI supporters take part in a protest in Islamabad on November 26, 2024. — Reuters Expert warns of decline in remittances due to use of informal channels. Highlights potential difficulties in collecting taxes for the government. One must observe how Pakistani expatriates respond to Khan’s calling: banker. KARACHI: The Pakistan Tehreek-e-Insaf (PTI) has marched on … Read more
French lawmakers from the far right and left came together to vote Wednesday on a motion of no confidence driven by budget disputes that forced Prime Minister Michel Barnier to resign. The National Assembly approved the motion by 331 votes. A minimum of 288 were needed. President Emmanuel Macron has insisted that he will serve … Read more
A stockbroker takes a photo with his mobile phone after the Pakistan Stock Exchange made history by surpassing the 100,000 mark, November 28, 2024. — INP Investor optimism is attributed to rising foreign exchange reserves. The banking sector continues its upward momentum, closing up 1.8%. The government’s unwavering commitment to reforms has also boosted confidence. … Read more
Prime Minister Shehbaz Sharif has welcomed the State Bank of Pakistan’s decision to cut its policy rate by 2%, calling it a positive step for the country’s economy. He expressed optimism that lower interest rates would boost investor confidence and increase investments in Pakistan. “The reduction in the policy rate is a welcome step for … Read more