IMF openly criticises UK government tax plans
The IMF has openly criticised the UK government over its plan for tax cuts, warning that the measures are likely to fuel the cost-of-living crisis.
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Economy
Indian shares see worst day in two weeks as IT, banks slip
BENGALURU: Indian shares ended lower on Thursday, dragged by technology and bank stocks that slipped from record highs, as fears of a large interest…
SPI-based inflation witnesses a decline
The SPI for the current week, which ended on September 8, 2022, decreased by 0.58 percent. The decrease is attributed to the fall in prices of…
US dollar makes minor gain against rupee in interbank
KARACHI: The US dollar on Monday continued upward trend in the exchange market, although it made a minor gain against rupee today despite Pakistan…
IMF sets tougher targets for Pakistan
ISLAMABAD: The International Monetary Fund (IMF) has placed tougher structural benchmarks for Pakistan under the implementation plan for qualifying…
Pakistan inches closer to receive US$1.17bn from IMF
ISLAMABAD: In a major development for the release of US$1.17 billion tranche, the International Monetary Fund (IMF) has agreed to the letter of intent…
Dollar continues downward slide against Rupee
KARACHI: The US dollar on Wednesday continued to shed value against rupee after the banks and exchange markets opened after a long weekend.…
Iran makes first import order using cryptocurrency
Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could…