People buy dried fruit in a market in Karachi, Pakistan, February 1, 2023.— Reuters Dressing inflation, favorable monetary policy to increase LSM growth. The economy continued to show the progress of July-Janvier Fy5. Positive perspectives of economic growth expected in the coming months. Inflation based on the consumer price index of Pakistan (ICC) should check … Read more
Vatican City – Pope Francis remained Critical but stable state Tuesday evening, with his blood parameters remaining stable while working from the hospital while fighting double pneumonia, said the Vatican. The Vatican update said that the 88 -year -old Pope had undergone a monitoring cat scan on Tuesday evening to check the pulmonary infection. But … Read more
IMF Managing Director Kristalina Georgieva speaks during a press briefing during the 2024 Spring Annual Meetings of the IMF and the World Bank in Washington, United States, April 19, 2024. — Reuters Higher interest rates persist, affecting global economic stability. Diverging regional growth trends highlight uneven recovery trajectories. The IMF warns of rising financing costs … Read more
SBP Governor Jameel Ahmad addresses a press conference in this undated photo. — AFP/File Ahmed says the country’s actual external debt stands at over $100.08 billion. “Controlling external accounts to pave the way for economic growth.” The SBP governor expects remittances to exceed $35 billion this year. KARACHI: State Bank of Pakistan (SBP) Governor Jameel … Read more
A currency dealer counts US dollars at a store in Karachi, May 19, 2022. — AFP/File The rupee ends the week at 278.56 against the US dollar on Friday. It will remain stable thanks to the IMF program: report. The currency will move in tight ranges over the next few sessions. KARACHI: Thanks to healthy … Read more
When asked if he had turned off his mobile phone, writer-director Werner Herzog said: “I don’t have a mobile phone. I don’t have to turn off anything. I just want to live and have a real conversation with a real person.” Herzog got his wish: a real conversation not long ago at his home in … Read more
A man uses a mobile phone to take a photo of the electronic board displaying stock prices during trading at the Pakistan Stock Exchange in Karachi. — AFP/File The KSE-100 index hit an intraday high of 109,478.08 points. The benchmark index crossed the 100,000 mark seven days ago. The rally continues after the refinancing of … Read more