Tag Archives: Inflation Rate

The Pakistan Stock Exchange (PSX) has soared to new heights, with the KSE-100 Index reaching a record high of 91,916 points. This remarkable increase reflects optimism in the market, largely driven by expectations that the State Bank of Pakistan (SBP) will announce a significant rate cut soon. KSE-100 Index Climbs to All-Time High On Monday, the KSE-100 Index surged by …

  UK Finance Minister Jeremy Hunt has set his sights on halving the country’s inflation rate by the end of 2023, outlining his priorities for the economic recovery as the nation prepares for an upcoming general election. Hunt’s commitment to reducing inflation and enhancing productivity in the public sector is aimed at boosting voter optimism and fulfilling key pledges. Currently, …

Introduction Pakistan faces a severe energy crisis, and the situation has escalated with the announcement of an indefinite nationwide closure of petrol pumps by the Pakistan Petroleum Dealers Association (PPDA). Dissatisfied with the lack of an increase in dealers’ margins, the PPDA is voicing its grievances and raising concerns over rampant smuggling of Iranian petrol and diesel. The closure is …