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Indian shares on track for muted open as inflation strengthens rate-hike concerns
Indian equities were poised for a muted open on Tuesday as investors monitored Middle East tensions and elevated crude oil prices , while a faster-than-expected rise in retail inflation strengthened…
Business RecorderAI investment props up global growth, but war and debt threaten outlook, IMF says
BANGKOK: The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting…
Business RecorderIMF sees higher energy prices and interest rates hitting UK growth
BANGKOK: Higher energy prices and a rise in long-term interest rates are likely to weigh on British economic growth next year, the International Monetary Fund warned on Tuesday, even as it revised…
Business RecorderAutomated production monitoring systems: PM sets Dec 31st deadline
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday set December 31 as the deadline for rolling out automated production monitoring systems across manufacturing sectors to plug tax leaks and ensure…
Business RecorderTanners’ association expresses concern over monitoring system
KARACHI: The Chairman of the Pakistan Tanners Association (PTA), Muhammad Azam Malik, has expressed deep concern over the FBR’s Digital Monitoring Production System for tanneries as per a…
Business RecorderIndia 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
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