Latest News on Business, Finance and Markets from Pakistan

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News

Brecorder
brecorder.com > news > amp > 40439197

Prices of essential kitchen items show upward trend

11+ hour, 53+ min ago   (269+ words) ISLAMABAD: The prices of essential kitchen items have witnessed an upward trend during the last week compared to the previous week, according to a survey conducted by Business Recorder on Saturday. The wholesalers and retailers at various markets said that…...

Brecorder
brecorder.com > news > 40/43/9210 > anxious-french-consumers-cut-back-as-election-budget-battles-loom

Anxious French consumers cut back as election, budget battles loom

11+ hour, 53+ min ago   (253+ words) PARIS: A cash-strapped customer split an entrecôte steak with a companion the other day at David Zenouda’s Paris restaurant while others increasingly share starters, skip wine at lunch or opt only for a main course. It’s a sign of the…...

Brecorder
brecorder.com > news > amp > 40439211

Gasoline likely to boost US consumer prices

11+ hour, 53+ min ago   (365+ words) WASHINGTON: US consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce financial market expectations that the Federal Reserve could raise interest rates next week. The Labor Department’s Consumer Price…...

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Austrian economic outlook improving

11+ hour, 53+ min ago   (198+ words) Business Recorder VIENNA: Austria’s central bank has trimmed its economic growth forecast for the country in 2026 due to a weaker-than-expected first six months of the year, but raised it for next year as the outlook is improving, it said on…...

Google News
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FBR slaps Rs80/litre FED on 3 POL products

11+ hour, 53+ min ago   (202+ words) ISLAMABAD: The Federal Board of Revenue (FBR) has imposed Federal Excise Duty @ Rs 80 per litre on three petroleum products including petroleum top naphtha, white spirit/ mineral turpentine oil (MTT) and solvent oil from July 1, 2026. In this regard, the FBR has…...

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brecorder.com > news > amp > 40439214

India???s FX reserves surge

11+ hour, 53+ min ago   (286+ words) MUMBAI: India’s FX reserves climbed to a record high of USD785.7 billion in the week to September 4, central bank data showed on Friday, lifted by a wave of inflows under policy measures to strengthen the country’s balance of payments. India’s FX…...

Brecorder
brecorder.com > news > amp > 40439217

French economy not in danger but deficit must be cut, central bank chief says

11+ hour, 53+ min ago   (123+ words) Business Recorder PARIS: French central bank chief Emmanuel Moulin said on Friday that France was not in catastrophic economic danger but the government must act to reduce the country’s public deficit. Moulin was speaking after INSEE revised its economic forecast…...

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German corporate insolvencies hit 13-year high

11+ hour, 53+ min ago   (128+ words) Business Recorder BERLIN: The number of corporate insolvencies in Germany rose to a 13-year high in the first half of 2026 despite signs of a nascent recovery in Europe’s largest economy, figures from the federal statistics office showed on Friday. Local…...

Brecorder
brecorder.com > news > 40/43/9206 > imfs-austerity-advice

IMF???s austerity advice

11+ hour, 53+ min ago   (203+ words) IMF’s austerity advice Business Recorder This is apropos a news item titled ‘Oxfam says IMF pushed for larger austerity cuts in borrowing countries’ carried by this newspaper recently; according to which, the IMF has pushed borrowing countries to make bigger…...

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brecorder.com > news > 40/43/9238 > iraq-signs-25-year-deal-to-develop-ajil-oilfield

Iraq signs 25-year deal to develop Ajil oilfield

11+ hour, 53+ min ago   (140+ words) BAGHDAD: Iraq’s North Oil Company signed a 25-year contract with private Iraqi project developer KEPPT to develop and operate the Ajil oilfield, the prime minister’s office said on Saturday. The agreement aims to raise the field’s gas output gradually to…...