Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. — ReutersHormuz Strait carries 20% of global oil flows; disruption raises fears.Trump threatens strikes on Iran’s civilian infrastructure if…
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Why the 11th NFC must get it right
A labourer pulls a cart loaded with supplies to deliver to a nearby market in Karachi on May 24, 2023. — Reuters
The government has finally constituted the 11th National Finance Commission to come up with a new NFC Award to replace the 7th NFC Award, which was agreed to in May of…
With poverty at 25.3%, World Bank urges bold reforms to slash penury, build resilience
A representational image showing a child receiving food being distributed by a charity organisation. — Reuters/FilePakistan’s poverty level increase by 7% in three years: WB official.85% people work in low-income sectors, 95% in informal ones.Salaries increased by 2-3% from…
Fed holds rates steady; three policymakers dissent in favour of a hike
The Federal Reserve building in Washington, DC, US, September 16, 2025. — Reuters Three Fed bank presidents wanted quarter-percentage-point hikeFed says inflation remains elevated relative to Committee’s 2% goal. Markets had priced about one-in-three chance of rate…