President Biden's approval rating has dipped to 38%, nearing the lowest point of his presidency, according to a new poll by The Associated Press-NORC Center for Public Affairs Research. The poll shows that the public has...
The inflation report highlights the pressures faced by British consumers who spent the winter with one eye on their thermostats and the other watching the steady rise of prices for staples
To rein in inflation and curb demand, the central bank has raised repo rate by 250 basis points since May 2022, and it could rise further. The news is not pleasing for retail loan customers. A rise in interest by 25 basis...
Fed rate hike: With this increase, the US Federal Reserve has increased its funds target rate to a range of 4.75-5 per cent, a level that was seen prior to the 2008 global financial crisis
The Reserve Bank of India (RBI) noted in a report that while retail inflation has moderated, it is still high, raising speculation that it may continue its monetary tightening to check price rise
After failing to convince the global lender, Islamabad is left with no option but to seek help from Washington and its western allies, in order to secure a “lenient treatment” from the IMF for moving towards the...
Investors are awaiting an interest rate decision by the Federal Reserve, which is expected to temper its efforts to tame inflation given the recent turmoil that has wracked the banking sector
Except for November and December 2022, retail inflation has remained above the RBI's upper tolerance level of 6 per cent since January 2022
T-bill enthusiasts could be in a celebratory mood amid an apparent unexciting spell in stocks, as government security yields meet or exceed expectations,...
The failure of the Silicon Valley Bank, a key funding source for startups in the technology space, has sparked concerns regarding the overall health of the...
Goyal said policy rates had been cut steeply during the pandemic, so they had to be raised fast after recovery was established
The budget proposes to give Pakistan $82 million for fiscal 2024, beginning in October, under the Economic Support Fund category
Pakistan and the IMF have been holding virtual talks after the two sides held 10 days of intensive negotiations with an IMF delegation in Islamabad from...
Around 66 per cent of respondents are worried about inflation and critical illness impacting their retirement savings and, consequently, their lifestyle
Japan's benchmark Nikkei 225 rose 0.3 per cent to finish at 28,309.16. Australia's S&P/ASX 200 gained 0.5 per cent to 7,364.70. South Korea's Kospi added less...
The Pakistani rupee sank sharply by Rs 18.74 against the dollar in the interbank market on Thursday. Analysts attributed the record drop to the government’s...
Calling for opposition unity ahead of the 2024 Lok Sabha polls, Congress President Mallikarjuna Kharge on Wednesday said the primary objective of the...
A day ahead of a crucial G20 meeting, External Affairs Minister S Jaishankar on Wednesday evening hosted a welcome dinner for the foreign ministers attending...
The interest coverage ratio for the agency's sample adjusted for sectors with relatively low debt levels like IT, FMCG and pharma witnessed a moderation in...
The country's weekly inflation remained stubbornly elevated at 2.78 per cent week-on-week and 41.54 per cent year-on-year during the seven-day period that...
Pakistan’s foreign exchange reserves, which fell to a critically low level of $2.9 billion a few weeks ago, have now risen closer to $4 billion
A lot of elderly people are opting for assisted living these days. It is important to understand the various ways by which they can manage their finances...
The bank also introduced a specific tenor scheme of “400 days” (Amrit Kalash) at a Rate of Interest of 7.10 per cent from February 15
The Federal Reserve officials are expecting further increase in borrowing costs as the authorities want to bring inflation down to their 2 per cent target
RBI Governor Shaktikanta Das, who heads the six-member MPC, also said overall, there is considerable uncertainty at this stage on the evolving inflation...
