US Federal Reserve Cuts Interest Rates by 25 Basis Points: A Step Towards Economic Balance
Introduction: On Thursday, the US Federal Reserve took a significant step in its ongoing efforts to stabilize the US economy
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Business
Bank of England Cuts Interest Rates Amid Three-Year Low in UK Inflation
The Bank of England (BoE) has made a significant move to lower its interest rates, as inflation in the UK
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Nissan to Cut 9,000 Jobs and Reduce Global Production Amid Declining Sales
Nissan Motor Co., a prominent Japanese automaker, has recently announced significant restructuring measures to cope with financial difficulties. The company
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Remittances Surge to Four-Month High, Boosting Pakistan’s Economy
Strong Inflows from the UAE and UK Drive Economic Stability In October 2024, Pakistan experienced a significant increase in remittance
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Gold Prices Remain Stable in Global and Local Markets
Introduction Gold prices are often seen as a barometer of global economic stability, with fluctuations reflecting shifts in investor sentiment,
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Consumers Set to Pay Rs8.7 Billion for Idle IPPs
Introduction ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) is preparing to impose an additional financial burden of Rs8.7 billion
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Sugar Prices Drop by Up to 8.5%
Utility Stores Cuts Prices After Sugar Mills Reduce Rates The Utility Stores Corporation (USC) has announced a significant reduction in
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Overseas Pakistani Entity Offers Over Rs1 Trillion for PIA Acquisition
An overseas Pakistani group has proposed to acquire Pakistan International Airlines (PIA) for over Rs1 trillion, including a pledge to
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Electricity Prices Likely to Slash by Rs8 per Unit
The winter package, proposing an 8-rupee electricity price cut, awaits final approval from the IMF for implementation. Introduction Electricity prices
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Major Pension Reforms Announced for New Public Sector Employees from Next Fiscal Year
KARACHI: Significant pension reforms have been introduced, ensuring that public sector employees hired from the next fiscal year onwards will
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