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Pakistani business confidence plummets, according to a Poll
Pakistani business confidence plummets, according to a Poll. It was reported that according to a Gallup Pakistan survey performed in the current quarter of 2022, business owners are becoming more gloomy about the state of their enterprises as a result of the political and economic circumstances in the nation. According to the Gallup Business Confidence…
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US Federal Reserve raises interest rates to highest level since 2008
It was reported that US Federal Reserve raises interest rates to the highest level since 2008. The announcement raises fears that the effort to control the US’s extraordinarily high inflation rate could send the country into recession. Due to the Fed’s action on Wednesday, the benchmark short-term rate, which affects many consumer and commercial loans,…
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Corporate Profits Increase by 22% to Rs1 trillion
It was reported that Corporate Profits Increase by 22% to Rs1 trillion despite the fact that one-third of Pakistan is submerged, the country’s blue-chip corporations are still making money. The largest publicly traded firms’ net profits increased by 22% to more than Rs1 trillion annually in 2021–2022.
