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Articles for tag: business, Climbing, KSE100, Latest, slows

November 17, 2025

News Desk

The KSE-100 just slows down after climbing

Over the long term, the stock market has delivered average annual returns of 15-20%, dividends and capital appreciation Activity was driven primarily by interest in oil stocks. The stock market ends the week at just 43,000 KARACHI: It’s been less than six weeks since the KSE-100 touched a high of 170,000 and has only fallen about 6-8% since then. However, investors are already beginning to tremble, panic and lose hope. People easily forget that the market is up nearly 60% over the past five months and more than 100% over the past 12 months before finding a new level that

September 1, 2025

News Desk

Pakistan’s basic inflation slows down to 3% in August

People buy dried fruits in a market in Karachi, February 1 2023. – Reuters Regarding itself, the inflation of the CPC increases by 3.4% in August. Based on mom, it is reduced by 0.7% last month. Spi inflation on the basis of the annual basis is increased by 2.6% in August. ISLAMABAD: Basic inflation measured with the Consumer Price Index (CPI) slowed to 3% in August 2025 compared to 4.1% recorded during July 2025, the Pakistan Statistics Office (PBS) reported on Monday. According to PBS data, CPI inflation during the same month last year (August 2024) was recorded at 9.6%.

November 29, 2024

News Desk

India’s GDP growth slows to 5.4% in September quarter

An Indian petrol pump attendant counts Indian currency in Siliguri. — AFP/file NEW DELHI: India’s economic growth slowed to 5.4% year-on-year in the September quarter, official data showed on Friday, a significant drop from 6.7% in the previous quarter. Friday’s figure still places the world’s most populous country among the world’s fastest-growing major economies, but suggests a moderation in the breakneck expansion seen over the past year. The data is likely to put pressure on the Reserve Bank of India to cut interest rates after holding them steady at 6.50% for more than 18 months. The latest data on growth

September 3, 2024

News Desk

Inflation slows to three-year low

Islamabad: Pakistan’s annual inflation rate eased to 9.6 percent in August, the lowest level in nearly three years, due to a higher base effect and lower prices for non-perishable food items. However, there was a notable double-digit acceleration in the prices of other basic goods. The Pakistan Bureau of Statistics reported on Monday that inflation slowed to 9.6 percent in August compared to the same month last year. This is the slowest rate since October 2021 when it was recorded at 9.2%. Details show that the decline in inflation is attributed to higher inflation rates in August last year and

September 2, 2024

News Desk

Pakistan Annual Inflation Slows to 9.6%, First Single-Digit Stat in Almost 3 Years

Men sell vegetables at their makeshift stalls at the Empress Market in Karachi, Pakistan, April 2, 2018. — Reuters ISLAMABAD: Pakistan’s annual rate of consumer price inflation slowed to 9.6 percent in August, the first single-digit reading in nearly three years, the Pakistan Bureau of Statistics (PBS) said on Monday. The Consumer Price Index (CPI) slowed further to 9.6% y-o-y in August from 11.1% the previous month The economy has been struggling with inflation that has topped 20% since May 2022, peaking at a staggering 38% last May, and these soaring inflation rates have coincided with reforms implemented as part

August 29, 2024

News Desk

Profit repatriation slows by 66% month-on-month

KARACHI: Multinational corporations (MNCs) operating in Pakistan repatriated $139 million worth of profits and dividends to their overseas headquarters in July 2024, reflecting a slowdown in outflows after remaining at significantly high levels due to the clearing of arrears from the previous financial year. Despite the smoothing, repatriation of profits and dividends increased 64.5 times compared to a nominal $2.2 million sent abroad in July 2023, which was due to the country’s small foreign exchange reserves, according to State Bank data of Pakistan (SBP) released. on Wednesday. Amid forex outflows, the rupee depreciated by Rs 0.13 against the US dollar

August 4, 2024

News Desk

Cement sales fall 7% as economic activity slows

LAHORE: Cement sales declined by 6.81% as they remained at 3.010 million tonnes in July 2024 compared to 3.230 million tonnes in the same month last year. According to data released by the Pakistan Cement Manufacturers Association, the industry’s local cement sales were 2.463 million tonnes in July, down 11.41% from 2.780 million tonnes in July 2023. On the export side, cement makers’ sales rose 21.65% to 547,162 tonnes from 449,792 tonnes last year. In July 2024, northern-based cement manufacturers shipped 2.192 million tonnes, down 11.40% from 2.474 million tonnes sold in July 2023. In contrast, southern-based mills sold 817,799

July 27, 2024

News Desk

Inflation slows to 26-week low

KARACHI: Pakistan’s weekly gauge of inflation, as measured by the sensitive price index (SPI), accelerated 0.17% on rising food prices in the week ended July 25, 2024, maintaining its upward trend for the fourth consecutive week and ahead of the central bank’s monetary policy committee meeting on 29 July. According to the data released by the Pakistan Bureau of Statistics (PBS), weekly inflation increased by 20.09% compared to the same week last year. The year-on-year trend, however, showed a significant slowdown in inflation to a nearly 26-week low compared to inflation of nearly 44% at the end of January 2024,

May 18, 2024

News Desk

Short-term inflation slows for 5th week

KARACHI: Weekly inflation, measured by the sensitive price index (SPI), slowed by 1.06% on lower food and energy prices in the week ending May 16, 2024, maintaining its downward trend for the fifth consecutive week. According to data compiled by the Pakistan Bureau of Statistics (PBS) and local research houses, short-term inflation slowed to a 22-month low of 21.22 percent compared to the corresponding week last year. However, it remained high, as seen in its double-digit reading. The decline in week-on-week inflation was driven by tomatoes, which became cheaper by 31.18% at Rs 59.21 per kg compared to Rs 86.03/kg

May 4, 2024

News Desk

Short-term inflation slows another 1%

KARACHI: Short-term inflation slowed by another percentage point each week due to falling food and energy prices, maintaining its downward trend for a third week in a row. According to the Pakistan Bureau of Statistics (PBS), inflation hit a two-year low of 24.37% in the week ending May 2, 2024 compared to the corresponding week last year. However, the gauge remained high in double digits at nearly 25 percent, prompting authorities to take administrative measures to control the rampant rise in prices of many essential goods. The weekly inflation, measured by the sensitive price index (SPI), covers the price movement

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