Tag: Cut

Britain cuts thousands of armed forces jobs

Up to 2,900 members of the British army including 400 Gurkhas will lose their jobs along with 1,000 air force personnel in the latest...

Singapore cuts PM pay but still world’s best paid

Singapore will slash its leaders’ unpopular multi-million-dollar salaries by at least a third, new guidelines showed Wednesday, but they will remain the world’s best-paid...

Civil servants resist cut in perks

Higher ranked government officers have successfully thwarted the attempt of the government to implement the transport monetisation package, that would have taken away the...

KSE after the SBP rate cut

It may have, as so many economic experts both of the veteran and whiz kid variety claim, an adverse impact on the economy overall...

Auto exporters appreciate role of PM for rate cut

Pakistan Auto Parts Manufacturers and Exporters Association, while terming the 1.5 per cent cut in markup rate, thanked the Prime Minister Syed Yousaf Raza...

Monetary policy and rationale for a rate cut

It is probably a time of great excitement for the monetary policy department (MPD) at the SBP. For those who stand outside the gates...

Energy Conference to help cut power outages: Firdous

Information and Broadcasting Minister Dr Firdous Ashiq Awan on Sunday said that an Energy Conference is being held on Monday in Islamabad to...

Utility stores cut oil price by Rs 3 per kilogramme

For convenience of its customers, the Utility Stores Corporation (USC) on Monday decided to reduce edible ghee and oil prices by Rs 3 per...

Costly furniture timber, worth lakh of rupees chopped from Murree forest

Costly timber, used for furniture worth lakh of rupees has disappeared from forests of Murree. The timber was chopped from the jungle near the...

Durrani’s honeymoon at Nazim House set to be cut short

As politics of reconciliation between the ruling Pakistan People’s Party (PPP) and the Muttahida Qaumi Movement (MQM) ring the air, the Sindh chief minister...

Power cut

LESCO consumers had another hard day as the heavy rain brought the city’s power supply down on Monday. Consumers attacked the LESCO office in Sabzazar...

SBP rate cut encourages markets, investors

State Bank of Pakistan’s surprise decision of reducing benchmark interest rates to 13.5 per cent from 14 per cent would bode well for many...

Moody’s threatens Spain rating cut

Rating agency Moody's put Spain on review for a possible downgrade on Friday, adding to concerns that a Greek rescue package has done little...

US House gets ready to consider aid cut to Pakistan

A US House of Representatives panel unveiled a bill that would block aid to Pakistan unless the Obama administration reassures the Congress that Islamabad...

Domestic sources to fund US aid cut

Any further weakening in ties with the US would compel the State Bank of Pakistan to raise additional funds for monetisation which has been...

Cut in US aid no immediate threat to economy

A halt to US aid reimbursement into Pakistan’s treasury is unlikely to immediately affect the economy, but could have long-term negative impact, analysts said...