The International Monetary Fund (IMF) has projected an improvement in Pakistan’s economic outlook following the approval of a $7 billion loan package. In its latest report, the IMF predicted an acceleration in economic growth, a reduction in inflation, and a decrease in unemployment. However, the Fund emphasized that despite these improvements, Pakistan’s economy faces significant […]
NEW DELHI: A recent report by the National Stock Exchange (NSE) has revealed that states like Uttar Pradesh, Rajasthan, and West Bengal are now actively participating in the Indian stock markets, which have been reaching new heights. These states are now leading in terms of the number of active investors, following Maharashtra and Gujarat, the […]
Indiana Fever guard Caitlin Clark, #22, drives to the basket against Atlanta Dream guard Destanni Henderson, #33, during a WNBA preseason game at Gainbridge Fieldhouse in Indianapolis, Indiana, on May 9, 2024. Brian Spurlock | Icon Sportswire | Getty Images The Women’s National Basketball Association’s viewership and attendance boomed during the 2024 season, as the […]
Charlie Ergen, chairman and co-founder of Dish Network Corp. Jonathan Alcorn | Bloomberg | Getty Images Charlie Ergen is getting close to selling the pay-TV business he founded more than 40 years ago. EchoStar is in advanced talks to sell satellite TV provider Dish Network to rival DirecTV, the closely held pay TV operator owned […]
Tesla, run by Elon Musk, would be welcome to invest in the UK, the prime minister has said. Sir Keir Starmer said he didn’t want to be misunderstood after the BBC reported that the tech tycoon had not been invited to the UK’s International Investment Summit due to his social media posts during last month’s […]
Last Updated: September 27, 2024, 22:21 IST Zomato co-founder Akriti Goyal (Image: X) Designated as senior management personnel, Chopra has tendered her resignation, with effect from September 27, 2024, Zomato said in a regulatory filing. Online food ordering and delivery platform Zomato on Friday said its co-founder and Chief People Officer Akriti Chopra has resigned […]
New Delhi: Zomato’s co-founder and Chief People Officer, Akriti Chopra, has stepped down from her position effective immediately, concluding her 13-year journey with the food delivery giant. The company announced this news to the stock exchange on September 27. “Pursuant to Regulation 30 of SEBI Listing Regulations, we would like to inform that Ms. Akriti […]
State Bank of Pakistan (SBP) on Friday received the first tranche of SDR 760 million (equivalent to $1.0269 billion) from the International Monetary Fund (IMF) under the $7 billion Extended Fund Facility (EFF). The IMF Executive Board approved a 37-month programme on Wednesday. These inflows will be reflected in SBP liquid reserves to be released […]
Chief economic advisor V Anantha Nageswaran (Picture credit: PTI) Chief economic advisor V Anantha Nageswaran said on Friday that the Indian economy is projected to grow by 6.5-7% in the current financial year. Speaking at an event hosted by the Bengal Chamber of Commerce and Industry, Nageswaran said that this growth rate is significant given […]
The Pakistan Stock Exchange (PSX) witnessed a decline on Friday, with the benchmark KSE-100 Index falling by 198 points. The index is currently trading at 81,459 points. The dip comes after a period of relative stability, prompting market participants to keep a close eye on upcoming economic developments and corporate earnings reports. On Thursday, the […]
