COLOMBO (Reuters) – Consumer price inflation in Sri Lanka fell to 4.6 percent year on year in July from 10.8 percent in June, thanks to lower food costs, according to the statistics department on Monday. Every month, the National Consumer Price Index (NCPI) reflects broader retail price inflation and isRead More →

BRUSSELS Reuters: The European Union and Australia said on Tuesday that negotiations on a proposed free trade deal had fallen short due to outstanding issues, particularly with regard to agricultural exports. Australia and the EU began discussions in 2018, and they had planned to reach a conclusion this week. However,Read More →

(Web Desk) ISLAMABAD – Tuesday saw the announcement by Pakistan’s Finance Minister Ishaq Dar that the country had received $2 billion from Saudi Arabia. This was a significant event considering that the International Monetary Fund (IMF) had been urging Pakistan to find external finance to cover the country’s needs forRead More →

45,000 tonnes of crude oil landed in Pakistan from Russia through Oman. Russian crude oil is being unloaded from a cargo ship at Karachi Port Trust’s PRL Terminal. The shipment of 45,000 tonnes of crude oil from Russia to Pakistan through Oman was the first of its sort in theRead More →

ISLAMABAD : The State Bank of Pakistan (SBP) will publish its monetary policy rate. According to a statement issued by the central bank, the Monetary Policy Committee (MPC) will meet on June 12 to review the country’s overall financial position, economic indicators, and the performance of various internal and externalRead More →