Economic

IMF Warns Pakistan of Potential Bailout Disruption Due to Rising Tensions with India

The International Monetary Fund (IMF) has cautioned Pakistan that escalating tensions with India could undermine the country's $1 billion bailout program. The warning came...

India-UK Free Trade Deal: A Boost to the Whisky Market

A landmark free trade agreement between India and the UK has been concluded, aiming to enhance bilateral trade between the two nations. The deal,...

US Credit Rating Downgraded by Moody’s Amid Rising Debt Concerns

Moody's Investors Service has downgraded the United States' credit rating to Aa1 from Aaa, citing rising debt and interest payments as key factors. This...

Tariffs and Trade Update: Potential Impact on Retail Prices

According to UCLA economics professor Lee Ohanian, major retailers like Walmart are likely to increase prices due to the implementation of tariffs. Tariffs, essentially...

Trump Urges Walmart to “Eat the Tariffs” Amid Trade Tensions

Washington- DC President Trump has publicly urged Walmart not to pass on the costs of tariffs to consumers, telling the retailer to "eat the tariffs"...

Oil Prices Today: Brent Crude and WTI in Focus

Let’s recognise the prices of oils today but before you have to know that the oil market is subject to various influences, including geopolitical...

Market Update: S&P 500, Nasdaq, Sensex, and Nifty Performance

The S&P 500 index saw a modest increase of 0.13% to 5,926, with a high of 5,926 and a low of 5,905.80. Meanwhile, the...

Yes Bank Expects Sumitomo Mitsui Banking Corp to Maintain 20% Stake

Yes Bank has expressed expectations that Japan's Sumitomo Mitsui Banking Corp (SMBC) will maintain at least a 20% stake in the bank. This development...

Trade Unions Defer Indian Nationwide Strike to July 9

In a significant development, trade unions in India have decided to postpone their planned nationwide general strike from May 20 to July 9, 2025....

Suez Canal announces 15% reductions in container ship transit fees

Cairo The Suez Canal Authority announced today (Tuesday) a 15% reduction in the fees of container ships, which cross the canal as of May 15,...

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