Retail inflation spiked to an eight-year high in April, casting doubt on the economy’s near-term prospects. In the first three months of 2022, India’s economic growth dropped to its lowest level in a year, owing to declining consumer demand and rising prices, which might make the central bank’s goal of managing inflation without damaging GDP … Read more
LAHORE: Speakers at the launching ceremony of a report have stressed the need for devising short-term and long-term strategies for achieving potential growth of the economy. Speaking at the launching of “The state of the economy: changing world-Pakistan reset” at the Lahore Chamber of Commerce and Industry (LCCI), they highlighted critical challenges that needed to … Read more
Pakistani banks are facing a slow economic recovery. The economic growth rate will be 1.5% this financial year. Moody’s Research has released a report on Pakistani banks and said that the scenario of abundant funding and liquidity banks is stabilizing, challenging, better operating environment will affect the assets and profits of banks. Moody’s Research report … Read more
