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Pakistan engages IFC for investors in installation of 10m smart meters across all Discos
ISLAMABAD: Pakistan on Monday engaged the International Finance Corporation (IFC) of the World Bank as transaction adviser for inducting private investors in the installation of 10 million smart meters across all electricity distribution companies (Discos). The Ministry of Energy (Power Division) had announced a large-scale rollout of smart meters across Discos in October 2025. On Monday, the Power Division said it has signed a Transaction Advisory Services Agreement (Tasa) with the IFC, a membe...
Tiger Properties sets Sesilia Tower handover for April 20, unveils 2026 delivery pipeline
Tiger Properties has announced the official handover date of Sesilia Tower, located in Jumeirah Village Triangle (JVT), Dubai, scheduled for April 20, 2026, as part of its plan to deliver a series of residential projects throughout the year.The company confirmed that this milestone aligns with its strategy to deliver projects on a consistent basis, reinforcing its commitment to timely delivery, construction excellence, and customer satisfaction.Sesilia Tower is a residential development comprisi...
Almost half of British adults worried about paying energy bills
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India's power boost: T&D sector to remain strong, supported by Rs 9 lakh crore capex push
India's T&D sector is poised for significant growth, driven by nearly Rs 9 trillion in planned investments through 2032. Despite a recent slowdown in new project orders due to manufacturing constraints, the sector remains robust, fueled by renewable energy expansion and strong domestic and global demand.
BofA’s Raedler Warns Equity Markets Too Optimistic Amid 20-Year Low Risk Premium
Sebastian Raedler, head of European equity strategy at Bank of America Corp., said stock markets are underestimating the growing risks to the global economy, as energy supply disruptions add to an increasingly fragile outlook.
EasyJet chief for southern Europe warns of jet fuel uncertainty in 'three or four weeks' as Iran war hits British holidaymakers
EasyJet chief for southern Europe warns of jet fuel uncertainty in 'three or four weeks' as Iran war hits British holidaymakersBy PERKIN AMALARAJ, FOREIGN NEWS REPORTER Published: 10:28, 20 April 2026 | Updated: 10:31, 20 April 2026 e-mail View comments
West Asia war: Impact of disruptions on global fuel supply, with potential for coal and n-power switch
About 80% of oil and oil products transiting the Strait of Hormuz in 2025 were destined for Asia. The war has significantly affected fuel deliveries, and could force a shift to both conventional and renewable alternatives.
M&S makes major change in stores with more than 20 staple products affected
M&S makes major change in stores with more than 20 staple products affectedThe retailer is aiming to attract 'more family shoppers' by dropping the price of several weekly shop essentials.CommentsMoneyNicola Roy Multimedia content creator10:29, 20 Apr 2026View 3 ImagesM&S shoppers will be able to pick up veg for less (Image: Getty Images)Anyone who shops at Marks and Spencers will know that while the quality of the food is fantastic, it can sometimes carry a higher price tag co...
Emirates NBD extends fee waivers, 0% interest on credit card transfers for UAE customers
Emirates NBD has extended its support scheme to help customers manage their finances with fee waivers.These include one extra month before instalment billing, zero per cent interest on credit card balance transfers, as well as other fee waiver options, according to an email sent to the bank’s clients.The bank, one of the largest in the region, is also introducing a processing fee waiver on all zero per cent instalment plans until June 15, 2026, and a loan deferment fee of Dh100 to be waived unti...
India, South Korea Aim to Double Trade, Deepen Shipbuilding Ties
South Korea and India agreed to deepen cooperation in defense and shipbuilding and to double bilateral trade as both seek stronger ties with reliable regional partners amid escalating Middle East tensions
CFI advances its operations in Egypt with Amr Abdelbaky appointed CEO of CFI Egypt
CFI Financial Group, a globally recognised leader in online trading services, including access to local equity markets, has appointed Amr Abdelbaky as the new CEO of CFI Egypt for Brokerage and Securities and Bonds Trading (CFI Egypt). The move reinforces the Group’s focus on strengthening its local presence and advancing its offering in the Egyptian market.CFI Egypt’s core mission is to provide domestic traders and investors with direct access to the local market. Through the platform, traders...
China presses IMF for quota reform, better surveillance of advanced economies
China’s central bank chief has urged the IMF to serve as a bulwark against “rising unilateralism”, at a time when escalating trade restrictions and an intensified Middle East conflict threaten energy and food security. The International Monetary Fund should “take a clear stand against protectionism and defend multilateralism”, People’s Bank of China governor Pan Gongsheng said in a statement to the fund’s International Monetary and Financial Committee, for its 53rd meeting, held on Thursday and....
PSX plunges over 3,000 points during intraday trade
The Pakistan Stock Exchange (PSX)’s benchmark index KSE-100 plunged by over 3,000 points during intraday trade on Monday. The KSE-100 declined by 3,145.02 points or 1.81 per cent to stand at 170,793.99 at 1:39pm from the previous close of 173,939.01 points. The plunge comes as uncertainty surrounds whether a second round of talks between the United States and Iran will take place in Islamabad. Last week, the PSX witnessed a significant recovery amid easing geopolitical tensions in the Middle Eas...
How does a Rs 15,000 intern land a Rs 7.5 crore job at Google?
How does a Rs intern land a Rs crore job at Google
Food stamp work rules don't increase employment, researchers say
HealthWatch Food stamp work rules don't increase employment, researchers say .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-healthwatch.jpg'); } By Taylor Sisk April 20, 2026 / 5:00 AM EDT / KFF Health News Add CBS News on Google DELBARTON, W.Va. — A half-dozen cars had been in the queue for nearly four hours by the time the House of Hope mobile food pantry line began to move. Seventy or so more idled behind them by 11:30 a.m., when the food distribution b...
Israeli Stock Valuations Soar as Investors Bet on Post-War Gains
Israeli stocks are breaking out of a valuation range they were stuck in for almost two decades, with investors paying record multiples to own them on bets the country is poised for a post-war technology-led economic boom.
Top Philippine Property Firm Pauses Luxury Tower on War Fallout
Top Philippine builder Ayala Land Inc. said it’s pausing the development and sale of a high-end residential tower in the nation’s central business district due to the impact of the Middle East conflict.
Should you buy gold now? Here's what this Akshaya Tritiya revealed
Should you buy gold now Heres what this Akshaya Tritiya revealed
Hedge Funds Get 'Gazumped' in New Poaching Strategy
The fight for talent in the hedge-fund industry has reached new extremes, with hedge funders using maneuvers like "gazumping" to grab more money for themselves, resulting in a vicious price spiral. Just how much gazumping is going on is unclear, but recruiters say some traders now are securing pay packages of $50 million or more. Clients end up footing the bill for these practices through opaque "passthrough" fees. Bloomberg's Tom Metcalf reports. (Source: Bloomberg)
'Jet fuel shortage' update as Government 'monitoring fuel supplies and pricing'
'Jet fuel shortage' update as Government 'monitoring fuel supplies and pricing'Parliamentary Under Secretary for Transport Keir Mather has responded to a question about fuel supplies and pricingCommentsTravelAmber O'Connor Money and Lifestyle reporter U35s09:41, 20 Apr 2026View 3 ImagesPassengers have shared concerns over upcoming flights (stock photo)(Image: Getty)Passengers worried about the risk of possible jet fuel shortages have been told there is 'no immediate...