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Hawkish Federal Reserve gives value stocks second wind

NEW YORK: Buyers are recalibrating their portfolios to account for a extra hawkish Federal Reserve, as indicators that the central financial institution is able...

Cotton exports begin to slide as traders seek high premiums

MUMBAI: Cotton exports have begun to slip as a consequence of merchants charging hefty premiums over benchmark US futures on expectations of decrease...

groww: Microsoft CEO Satya Nadella invests in Groww, will be adviser too

BENGALURU: Microsoft CEO Satya Nadella has invested in Indian funding platform Groww. He may also be an adviser to the agency. The funding...

TCS board to consider buyback proposal on January 12

NEW DELHI: India's largest IT agency Tata Consultancy Services (TCS) on Friday stated its Board will think about a buyback proposal on January...

Reliance buys New York’s luxury hotel Mandarin Oriental for $98.15 million

NEW DELHI: Billionaire Mukesh Ambani's Reliance Industries Ltd on Saturday introduced acquisition of New York's premium luxurious lodge Mandarin Oriental for $98.15 million....

What Tim Cook earned as Apple CEO in 2021

NEW DELHI: Apple Inc boss Tim Cook's pay in 2021 was 1,447 occasions that of the common worker on the tech large, a...

Nirmala Sitharaman reviews progress on planned mega LIC IPO

NEW DELHI: Finance minister Nirmala Sitharaman on Friday reviewed the progress of the deliberate disinvestment of the nation's largest insurer LIC. The preliminary...

GDP expected to grow 9.2% in FY22, better pre-Covid level

NEW DELHI: The Indian financial system is projected to develop by 9.2% in the course of the present monetary yr, helped by a...

KSE-100 closes in green despite rising inflation, import bill

KSE-100 index positive aspects 1.68% or 750 factors to shut the week at 45,345.65 factors.A lot-needed readability about supplementary finance invoice tosses KSE-100...

tcs: TCS bags government’s passport project pegged at $1 billion

BENGALURU: TCS has been chosen for the second section of the Passport Seva Programme implementation for the ministry of external affairs (MEA). Analysts...

Urea being smuggled to Afghanistan

ISLAMABAD: Federal Minister of Industries and Manufacturing Makhdoom Khusro Bakhtiar has claimed that urea is being smuggled from Sindh to Afghanistan and the provincial...

IMF to change mission chief

ISLAMABAD: The Worldwide Financial Fund (IMF) has determined to exchange its mission chief to Pakistan, Ernesto Rigo, amid probabilities that the manager board of...

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