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Wall St slips as higher yields and oil prices flag inflation risk
US stocks edged lower on Thursday as soaring oil prices and Treasury yields near multi-year highs stoked inflation worries on the cusp of a critical earnings season expected to test recent market…
Business RecorderIndia eases punitive rules under GST regime
MUMBAI: India’s Goods and Services Tax Council, a body of federal and state government officials, made a series of changes to rules on Thursday, limiting punitive powers of tax officials in cases of…
Business Recorder
Nepra raises electricity tariff by Rs1.11 per unit under August FCA
A technician fixes new electricity meters at a residential building in Karachi.
Geo NewsIndia rate hike will not stem outflows, leaving central bank in a bind
MUMBAI: India’s first rate hike in four years is unlikely to slow or reverse record high capital outflows, leaving the central bank battling the vicious cycle of a weakening currency and higher…
Business Recorder
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