India’s pledge to stop new coal power plants to hit key states LITTLETON, (Colorado): India’s plans to stop building new coal-fired power plants beyond those already under... Published 10 May, 2023 06:03am
Business & Finance Republican debt-limit plan would cut US jobs, slow growth, economist tells Senate panel WASHINGTON: A Republican plan to cut federal spending in exchange for lifting the US government’s debt ceiling... Published 08 May, 2023 06:40am
Business & Finance US dollar gains after GDP, jobless claims data; rate hike bets intact NEW YORK: The dollar rose on Thursday as weaker-than-expected US economic growth in the first quarter is not likely... Published 28 Apr, 2023 06:08am
Markets India says risks weigh on FY24 growth forecast, but macros stable NEW DELHI: There are risks to India achieving its real growth forecast of 6.5% for the financial year that started... Published 25 Apr, 2023 12:08pm
Opinion Remittances: boon or bane for growth?–I Pakistan is the sixth largest recipient of remittances in the world, with the State Bank of Pakistan declaring a... Published 19 Apr, 2023 06:36am
Business & Finance Dollar slips; euro and pound rise NEW YORK: The US dollar fell against most major currencies on Tuesday after better-than-forecast growth data from... Published 19 Apr, 2023 06:36am
Opinion The IMF projections The IMF has made projections for 2023 and a number of subsequent years at the global and country level in its latest... Updated 18 Apr, 2023 07:21am
Editorials Federal public expenditure EDITORIAL: The World Bank’s recent report titled Pakistan Federal Public Expenditure Review 2023 projects savings... Updated 18 Apr, 2023 06:47am
Business & Finance Russia raises 2023 GDP growth forecast MOSCOW: Russia’s economy ministry revised higher on Friday its 2023 gross domestic product (GDP) forecast to 1.2%... Published 17 Apr, 2023 06:41am
Opinion Resilience, helplessness or loss of trust?—II In other words, the country is on the verge of a sovereign default. This recognition is an admission for cure; ... Updated 14 Apr, 2023 07:16am
Opinion The life-giving dams The gushing, frothy spillways create a tremor – you feel the ground shuddering, absorbing the thrust of the force... Updated 13 Apr, 2023 07:29am
Opinion Economic projections The World Bank (WB) and the Asian Development Bank (ADB) have both released economic projections of Pakistan. Both... Published 11 Apr, 2023 03:44am
Opinion The GDP growth this year The budgeted Gross Domestic Product (GDP) growth rate was an unrealistic 5 percent (10 June 2022), downgraded to 3... Updated 10 Apr, 2023 01:14pm
Business & Finance High-debt EU countries should cut debt ratio by minimum of 1pc of GDP a year: Germany BRUSSELS: Planned new European Union public debt rules should require governments of highly indebted countries to ... Published 07 Apr, 2023 06:06am
Business & Finance Average inflation projected at 27.5pc: Growth likely to decelerate to 0.6pc: ADB ISLAMABAD: Pakistan’s GDP growth is expected to decelerate significantly to 0.6 per cent in the fiscal year 2023... Published 05 Apr, 2023 06:16am
Opinion A possible way forward–II The rightsizing of the two levels of the government then needs be complemented by a move away from the direct... Published 04 Apr, 2023 03:24am
Markets Wall Street rises as bank fears fade NEW YORK: Wall Street’s main indexes climbed on Thursday as fears of a banking crisis eased, with rate-sensitive... Published 31 Mar, 2023 06:45am
Business & Finance PRGMEA exhorts FBR to release ST refunds timely LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the Federal Board... Published 31 Mar, 2023 06:45am
World China will maintain certain level of growth amid transition: Premier Li BEIJING: China will maintain a certain level of economic expansion as it speeds up a transition towards higher... Published 27 Mar, 2023 05:59pm
Business & Finance S&P Global cuts 2024 euro zone GDP growth forecast to 1.0% MILAN: Rating agency S&P Global cut on Monday its 2024 euro zone growth forecast to 1.0% from 1.4% citing... Published 27 Mar, 2023 04:22pm
Print Policy efforts, 9th review’s success: Timely external aid will be critical: IMF ISLAMABAD: Timely financial assistance from external partners will be critical to support the Pakistani authorities’... Updated 25 Mar, 2023 06:05pm
Opinion Trying to look at Pakistan through Piketty’s prism – II 4- Pakistan is world’s only country where majority of the elected members of its parliament decided to give it a... Published 23 Mar, 2023 05:47am
Markets US Fed mulls more rate hikes amid banking uncertainty WASHINGTON: American banks will be paying especially close attention to the Federal Reserve’s interest-rate decision... Published 22 Mar, 2023 01:30pm
Opinion Trying to look at Pakistan through Piketty’s prism–I French economist Thomas Piketty’s erudite book Capital and Ideology published in 2019 is considered to be an... Updated 22 Mar, 2023 06:47am
Editorials Relief packages: a euphemism for subsidies EDITORIAL: Prime Minister Shehbaz Sharif has announced two relief packages, read subsidies, for the poor and... Published 22 Mar, 2023 06:24am
Pakistan Pakistan's ex finance chief Miftah warns against any kind of debt restructuring Difficult task to get China and the West to sit on one table for such an endeavour, he says Updated 16 Mar, 2023 09:46am
Business & Finance FPCCI proposes more regional trade to ease economic crisis KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh has... Published 15 Mar, 2023 06:01am
Business & Finance EU ready to accept countries’ own fiscal tightening goals for 2024 BRUSSELS: The European Commission said on Wednesday it would back any fiscal tightening goals for 2024 by EU... Published 13 Mar, 2023 06:15am
Business & Finance Saudi Arabia posts budget surplus of $27.68bn in 2022 DUBAI: Saudi Arabia recorded a budget surplus of 103.9 billion riyals ($27.68 billion) in 2022, beating its own... Published 13 Mar, 2023 06:15am
Print IMF review has taken longer than it should have Dar also says govt very close to signing agreement Updated 10 Mar, 2023 08:40am
