PSX gains momentum, crosses 118,000 mark as inflation slows Blogging Sole

PSX gains momentum, crosses 118,000 mark as inflation slows

 Blogging Sole

The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI The capital market continued its bullish momentum during the second trading session of the New Year, crossing the 118,000 point mark for the first time in history. This recovery was driven by falling inflation, strengthening macroeconomic … Read more

Inflation slows in Pakistan to 4.1% in December 2024 Blogging Sole

Inflation slows in Pakistan to 4.1% in December 2024

 Blogging Sole

A trader using a calculator in this undated photo. — Reuters/File CPI inflation fell from 29.7% in December 2023. In urban areas, CPI inflation declined to 4.4% year-on-year. Rural areas also saw a reduction in year-on-year inflation to 3.6% in December. KARACHI: The inflation trajectory showed signs of easing in December 2024, although persistent underlying … Read more

Indian GDP growth slows to 5.4% in September quarter Blogging Sole

Indian GDP growth slows to 5.4% in September quarter

 Blogging Sole

An Indian petrol pump employee counts Indian currency in Siliguri. — AFP/file NEW DELHI: India’s economic growth slowed to 5.4% year-on-year in the September quarter, official data showed on Friday, a significant decline from 6.7% in the previous quarter. Friday’s figure still places the world’s most populous country among the world’s fastest-growing major economies, but … Read more