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Pakistan economic growth seen below 3% for next 2 years, says World Bank | World News

Pakistan economic growth seen below 3% for next 2 years, says World Bank | World News

[ad_1] By Kamran Haider Pakistan’s economic growth is expected to pick up from the current fiscal year but remain below 3% for the next two years, according to the latest estimates from the World Bank.    The economy is set to grow 1.8% in the current fiscal year ending June 30 and … Read more

Switzerland unexpectedly cut key interest rate by 25 basis points to 1.5% | World News

Business Standard

[ad_1] By Bastian Benrath The Swiss National Bank unexpectedly cut its key interest rate by 25 basis points, moving months ahead of global peers as policymakers try to prevent gains in the franc.   Officials in Zurich lowered their benchmark to 1.5%, the first such reduction for one of the world’s 10 … Read more

Biden signs package of spending bills hours before shutdown deadline | World News

Business Standard

[ad_1] US President Joe Biden (Photo: Bloomberg) President Joe Biden on Saturday signed a USD 460 billion package of spending bills approved by the Senate in time to avoid a shutdown of many key federal agencies. The legislation’s success gets lawmakers about halfway home in wrapping up their appropriations work for the 2024 … Read more

Nation first policy helped manage oil prices despite global conflicts: Puri | Economy & Policy News

Business Standard

[ad_1] Stating that India’s policy was ‘Nation First’ and the consumer was ‘paramount’, Union Minister Hardeep Singh Puri said that the Centre was able to keep oil prices from shooting up despite global turbulence amid the Russia-Ukraine conflict and drone attacks on merchant ships in the Red Sea. The Union Minister for Petroleum … Read more