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Pakistan and world business news from seven outlets, one story per event. Updated 5m ago.
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India benchmark shares fall as inflation woes overshadow RBI support measures
Indian benchmark indexes fell on Monday as investors assessed the Reserve Bank of India’s latest measures to support the rupee, while concerns over elevated oil prices and a weaker monsoon kept risk…
Business Recorder
India inflation jumps to 5.54% in Sept, strengthening case for further rate hikes
NEW DELHI: India’s retail inflation jumped to 5.54% in September, data showed on Monday, nearing the upper end of the central bank’s 2%-6% tolerance band and strengthening the case for further rate…
Business Recorder
Australian telecom shares tumble as SpaceX moves closer to direct-to-cell market
Major telecommunications stocks across Australia and New Zealand fell sharply on Monday, echoing a global sell-off triggered by fears that SpaceX's expansion into direct-to-device mobile services…
The News

Rupee records gain against US dollar
The Pakistani rupee extended its marginal gains against the US dollar, appreciating 0.01% in the interbank market on Monday.
Business Recorder

Gold Plunges Again
Gold prices in Pakistan ended their 3-day winning streak on Monday after a sudden decrease in international market prices. According
ProPakistani

BNU and OGDC Unveil Green Experience Center: A Landmark in Regenerative Architecture
Beaconhouse National University (BNU), in strategic partnership with the Oil and Gas Development Company (OGDC), formally inaugurated the Green Experience
ProPakistani

Saudi energy minister says kingdom must make 'serious' response to attacks
DUBAI: Saudi Energy Minister Prince Abdulaziz bin Salman said the events of recent weeks were serious and the kingdom’s response must be “equally serious”, as Yemen’s Houthis step up attacks on the…
Business Recorder
Copper rises on supply risks, demand optimism
Copper prices drifted higher on Monday as ongoing supply risks and optimism over demand lent support to the market.
Business Recorder
European shares rise on lower oil prices, bank strength ahead of earnings
European shares rose on Monday, led by banking stocks as oil prices eased on hopes of Russia-Ukraine energy ceasefire, while investors awaited the start of the earnings season for fresh catalysts.
Business Recorder

UpdatedTotalEnergies expands US venture with KKR with 700 MW portfolio
TotalEnergies said on Monday it is expanding its joint venture with KKR in the United States with the addition of a 700 megawatt renewables portfolio.
Business Recorder
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