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April 19, 2025

News Desk

Tesla is delaying the start of affordable EV to us by increasing market concerns

Listen to the article Tesla has postponed US production for the long -term accessible electric vehicle, marking a major failure in its plans to boost sales and market share, Reuters said Friday, citing sources familiar with the issue. The late model, a lower cost version of the popular Y model SUV, internal encoded E41, is initially expected to start production in the first half of 2025. However, sources say the launch is now unlikely before the end of 2025 or early 2026. The version that is expected to cost significantly less and is simpler in design than the current Y

April 11, 2025

News Desk

US inflation fears are increasing in the midst of pricing turmoil, warns that it is fed

The exterior of Marriner S. Eccles Federal Reserve Board appears in Washington, DC, USA, June 14 2022. – Reuters Washington: A senior US Federal Bank employee warned that US President Donald Trump’s unpredictable pricing policies feed on fears of increasing inflation and slowing economic growth. The start of US President’s invoices has shaken global markets and consumer confidence, although it has not yet been translated into higher prices for consumers. “Compared to earlier this year … It seems as if we have seen a significant increase in the upward risks around inflation along with increased dangers a disadvantage for prospects

March 29, 2025

News Desk

Transfer to electronic payments is increasing

Listen to the article Karachi: The Pakistani State Bank (SBP) has published the quarterly revision of payment systems for the second quarter (OCT-Dec) of the financial year 2024-25, which reflects remarkable changes in digital payments. The report emphasizes that the digital payment landscape in Pakistan is becoming stronger, with increasing transactions during 2qfy25. Retail transactions recorded an increase of 11% in volume, reaching 2,143 million, and their value increased by 12% to Rs 154 trillion. The increase in value is mainly due to mobile applications payments, internet payments and Over-Counter (OTC) transactions in bank branches. The report said that digital

March 26, 2025

News Desk

Two bars limit to customers buying Dubai chocolate because of increasing demand

Listen to the article The British Supermarket Chain Waitrose introduced a two -bar market limit to Dubai’s increasingly popular chocolate, following the overwhelming demand from customers. The new rule was applied after the deterioration of chocolate, made of milk chocolate, 45% pistachio and crisp pastry, caused a shock of the United Kingdom market. It first began in December 2024, the Lindt Chocolate Bar quickly became one of its favorites after its viral popularity in social media, with fans praising its taste and texture. Chocolate success is partly attributed to platform influence campaigns such as Tiktok, where videos showing the product

March 21, 2025

News Desk

Khawaja puts out in comments ‘untrue’ in the increasing order of availability

Australia’s USman Khawaja is involved in the series with Queensland’s cricket. – AFP/file The Australian USman Khawaja test operating operating operating on Friday in the “inflammatory” and “categorically untrue” comments from Queensland’s chief of cricket after losing a crucial sheffield shield game. The 38-year-old did not participate in the Queensland clash last week with South Australia in Adelaide that saw them reach the final of the Red-Ball domestic competition. Instead, he flew to Melbourne to watch the Australian Grand Prix. Queensland’s cricket leader Joe Dawes then took on the goal of veteran Batsman. “The medical staff told us all the

March 12, 2025

News Desk

US FUTURE contracts are increasing as Trump invoices add uncertainty before the report of the CPC

Listen to the article US stock contracts rose higher on Wednesday morning after a Fuel Trading Day on Wall Street. Future fulfillment contracts for large stock indicators such as Dow Jones Industrial Average, S&P 500 and Nasdaq Composite have shown moderate increases. This movement comes amid continuing uncertainty on the market after President Donald Trump’s aggressive trade policy, in particular his decision to impose new invoices on imports such as steel and aluminum. The invoices, which were first announced in February, will come into force on Wednesday, adding a 25% charge to steel and aluminum imports from all countries. The

March 10, 2025

News Desk

Employee remittances rise to $ 3.1 billion in February, increasing by 38.6% on a yearly basis

Officer of a currency exchange store counts US dollars in Ciudad Juarez, Mexico on July 27 2023. – Reuters The remittances sent home from expatriates 3.8% compared to January. 8mfy25 remittances rang $ 24 billion, scoring 32.5% jump. Inputs from the United Arab Emirates reach $ 652.2 million. Removals in Pakistan recorded an influx of $ 3.1 billion in February 2025, reflecting the increase of 38.6% annually (on a yearly basis) compared to $ 2.2 billion in the same month last year, while increased by $ 3.8%. Analysts attribute UPSWell to economic recovery, enhanced by the rescue of the International

March 7, 2025

News Desk

PSX is increasing in hopes of reducing interest rates, the progress of circular debt restructuring

The broker monitors the stock prices during transactions on the Pakistan Stock Exchange in Karachi, Pakistan, January 21, 2025. – Inp The KSE-100 index closes at 114,398.69, up 685 points. Intractional High Prices 114,721,58, increased 1,008 points. The reference index sees low of 114,169.19, up 456 points. The stock market has expanded its upward momentum on Friday, enhanced by expectations to reduce policy interest rate, progress in restructuring circular debt and continuing positive investment feeling. Market participants were involved in the market for activity in basic sectors, especially in cement and energy reserves, as optimism increased before the announcement of

February 26, 2025

News Desk

South Korea is increasing for the first time in 9 years as marriages

Girls take care of their brother before leaving for school, at their home in Seoul, South Korea, December 19, 2018. – Reuters South Korea’s fertility rate increased in 2024 for the first time in nine years, backed by marriages, preliminary data showed Wednesday, in a sign that the country’s demographic crisis may have turned a corner. The country’s fertility rate, the average number of babies expected to have a woman during her reproductive life, amounted to 0.75 in 2024, according to Korean statistics. In 2023, the born fell for the eighth consecutive year to 0.72, the lowest in the world,

February 20, 2025

News Desk

Forex SBP reserves are increasing but remaining external funding signs

The stacks of us one hundred dollars are marked in this picture. – Reuters The country’s total liquid reserves amount to $ 15.95 billion. Commercial Banks’ dollars are $ 4.75 billion. External debt yields exert pressure on Forex stocks. Foreign currency reserves, owned by the Pakistani State Bank (SBP), increased by $ 35 million during the week ended on February 14, reaching $ 11.20 billion, the last numbers showed Thursday pressure on the country’s foreign funding needs. The country’s total liquid reserves amounted to $ 15.95 billion in the period under consideration. However, the Central Bank did not clarify the

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