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Federal Finance Minister Mohammad Aurangzeb recently suggested that there may be opportunities for further reductions in interest rates. Speaking at an event hosted by the Karachi Chamber of Commerce, Aurangzeb emphasized the crucial role of effective macroeconomic governance in fostering economic growth. He noted that structural issues in the economy often lead to balance of payment problems, particularly as growth …

The National Electric Power Regulatory Authority (NEPRA) is launching a new mobile application, “NEPRA Aasaan Approach,” which is designed to enhance the resolution of electricity-related complaints. Scheduled for official release tomorrow, this app aims to provide a user-friendly platform for consumers to report and address various issues with their electricity service. The “NEPRA Aasaan Approach” app will enable users to …

McDonald’s (MCD) has reported a decline in global sales for the second quarter of 2024, marking its first sales drop since late 2020. According to the company’s financial results released Monday, global comparable sales fell by 1.0%, reflecting weaker performance across all segments. Key Financial Highlights: Sales Performance: The decline in global comparable sales is the first since the fourth …