15+ hour, 16+ min ago   (269+ words) ISLAMABAD: The prices of essential kitchen items have witnessed an upward trend during the last week compared to the previous week, according to a survey conducted by Business Recorder on Saturday. The wholesalers and retailers at various markets said that…...

15+ hour, 16+ min ago   (253+ words) PARIS: A cash-strapped customer split an entrecôte steak with a companion the other day at David Zenouda’s Paris restaurant while others increasingly share starters, skip wine at lunch or opt only for a main course. It’s a sign of the…...

15+ hour, 17+ min ago   (365+ words) WASHINGTON: US consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which would reinforce financial market expectations that the Federal Reserve could raise interest rates next week. The Labor Department’s Consumer Price…...

15+ hour, 17+ min ago   (198+ words) Business Recorder VIENNA: Austria’s central bank has trimmed its economic growth forecast for the country in 2026 due to a weaker-than-expected first six months of the year, but raised it for next year as the outlook is improving, it said on…...

15+ hour, 16+ min ago   (202+ words) ISLAMABAD: The Federal Board of Revenue (FBR) has imposed Federal Excise Duty @ Rs 80 per litre on three petroleum products including petroleum top naphtha, white spirit/ mineral turpentine oil (MTT) and solvent oil from July 1, 2026. In this regard, the FBR has…...

15+ hour, 17+ min ago   (286+ words) MUMBAI: India’s FX reserves climbed to a record high of USD785.7 billion in the week to September 4, central bank data showed on Friday, lifted by a wave of inflows under policy measures to strengthen the country’s balance of payments. India’s FX…...

15+ hour, 17+ min ago   (123+ words) Business Recorder PARIS: French central bank chief Emmanuel Moulin said on Friday that France was not in catastrophic economic danger but the government must act to reduce the country’s public deficit. Moulin was speaking after INSEE revised its economic forecast…...

15+ hour, 17+ min ago   (128+ words) Business Recorder BERLIN: The number of corporate insolvencies in Germany rose to a 13-year high in the first half of 2026 despite signs of a nascent recovery in Europe’s largest economy, figures from the federal statistics office showed on Friday. Local…...

15+ hour, 17+ min ago   (203+ words) IMF’s austerity advice Business Recorder This is apropos a news item titled ‘Oxfam says IMF pushed for larger austerity cuts in borrowing countries’ carried by this newspaper recently; according to which, the IMF has pushed borrowing countries to make bigger…...

15+ hour, 16+ min ago   (230+ words) ISLAMABAD: Pakistan’s Ambassador-designate to China, Ambassador Ali Asad Gilani, called on Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar here on Saturday. The DPM/FM congratulated Ambassador-designate Gilani on his appointment and underscored the special importance…...