Tag: Inflation

Legislation to double GST credit for six months receives Royal Assent
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Justin Trudeau congratulates Canadians on passing legislation to double GST credit for six months receives Royal Assent!

Legislation to double GST credit for six months receives Royal Assent! Life is affordable for the Canadian as the Bill C-30, the Cost of Living Relief Act, No 1 (Trageted Tax Relief) receives Royal Assent, doubling the goods and services Tax credit for six months. This is eligible to the Canadians who are already receiving […]

Ishaq Dar Orders SBP to Release LCs Worth $50000
Economy

Ishaq Dar Orders SBP to Release LCs Worth $50,000

Ishaq Dar orders SBP to release the LCs worth $50,000 Federal Finance and Revenue Minister Ishaq Dar Sunday announced that the pending payment of the $50,000 Letter of Credit (LC) would be completed within a week. At a press conference, Dar revealed that the decision to assist was made after consultation with the Governor of […]

Will State Bank Maintain Interest Rate Today?
Economy

Academics Insist on Rate Cut

Academics insist on rate cut Against further hikes in the central bank’s benchmark interest rate, academics are calling for cuts to provide liquidity to companies. The ongoing interest rate hike has increased the number of interest payments on the country’s debt which continues to grow. Interest rates also remain a catalyst for domestic inflation growth. […]

Cup of Coffee is “Almost a Luxury” in EU
Economy

Cup of Coffee is “Almost a Luxury” in EU

Cup of coffee is “almost a luxury” in EU Coffee prices in the EU rose 16.9% in August from last year, according to the latest figures from the bloc’s statistics office. Coffee is a drink made from roasted coffee beans. Dark, bitter and slightly acidic coffee has a stimulating effect on people, mainly because of […]

GERMANY’S INFLATION CLIMBS TO 7.9% IN AUGUST
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GERMANY’S INFLATION CLIMBS TO 7.9% IN AUGUST

GERMANY’S INFLATION CLIMBS TO 7.9% IN AUGUST After falling for two months, inflation in Germany reached a record high of 7.9% in August, according to preliminary figures published Tuesday by the Federal Statistical Office (Destatis). This figure is above the market estimate of 7.8%. “The price of energy, in particular, has increased rapidly since the […]

Gold sees some relief
Trending news

GOLD SEES SOME RELIEF AS DOLLAR RESISTS 20-YEAR HIGH

Gold sees some relief as Dollar resists 20-year High The price of gold recovered a little on Tuesday, taking some relief because the dollar showed resistance and dropped from the top of 20 years, although the Hawkish signal from the Federal Reserve still burdened the market. Gold at the point increased by $ 1,738.55 per […]