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Stocks buoyed by Tesco and welcome GDP surprise
[{"id":1278818,"path":"/lifestyle/london-life/how-to-make-the-most-of-london-b1278818.html","title":"Londonmaxxing: How to go large in the greatest city on Earth","imageUrl":"https://static.standard.co.uk/2026/04/15/15/15/Sunset-over-Londons-skyline.jpeg","standfirst":"Reckon you’ve exhausted the inexhaustible pleasures of the capital? Don’t be silly — from hot new theatre and music (for free!) to drinking the city dry until dawn, let the Standard team guide you"},{"id":1278904,"path":"/news/lon...
IMF की GDP रैंकिंग में छठे पायदान पर फिसला भारत, जानिए क्या है कारण
IMF GDP
FAW posts loss for 2025 despite record revenue
FAW posts loss for 2025 despite record revenueImage source, Huw Evans Picture AgencyImage caption, The Football Association of Wales is celebrating its 150th anniversary in 2026ByDafydd PritchardBBC Sport WalesPublished7 minutes agoThe Football Association of Wales made a loss of £3.4m for the year ending June 2025 despite posting record turnover.After making a profit of £1.1m for the year ending June 2024, revenue for the following 12 months rose from £32.4m to £40.6m.That was a result of incre...
Competition Panel Rejects Complaint Against Adani Group, Azure Power In Solar Tender Case
Rejecting the complaint, the Competition Commission of India (CCI), in its order, observed that the country's power generation market comprises many significant public and private players, and that Adani Group, prima facie, does not appear to be a dominant player.
Probe Agency Raids 32nd Avenue Group In Rs 500 Crore Scam, Seizes Cash, Gold
New Delhi, April 16 (IANS In fresh action in a Rs 500 crore ponzi scheme fraud, the ED searched seven premises across Delhi-NCR, Goa, Jaipur and Mumbai linked to 32nd Avenue Group and seized Rs 1.05 crore cash and jewellery items worth Rs 1.5 crore,
Why Oil Futures Are Trading Way Below Real-World Prices
Six weeks into the Iran war, crude oil markets are experiencing one of their worst-ever disruptions, triggered by the near-closure of the Strait of Hormuz. Hundreds of ships are bottled up in the Persian Gulf, unable to carry their cargoes out of the region.
War-torn global economy needs IMF emergency assistance
The U.S.-Israeli war on Iran has caused a major supply shock in the global energy market, disproportionately affecting energy importers, and the IMF has the power to provide relief by issuing hundreds of billions of dollars worth of liquid reserve assets called Special Drawing Rights (SDRs) to its member countries.
Textile hub Bhiwandi under strain as war impact triggers industry collapse fears
Textile hub Bhiwandi under strain as war impact triggers industry collapse fears
FX drops $1.3b on Eurobond payment
Pakistan's foreign exchange reserves held by the central bank decreased $1.321 billion during the week ended April 10, 2026 as the country repaid $1.426 billion to investors following maturity of Eurobonds in the international market. According to data released by the State Bank of Pakistan (SBP) on Thursday, Pakistan's total liquid foreign currency reserves reached $20.524 billion, comprising $15.079 billion with the SBP and $5.445 billion with commercial banks. A week ago, the State...
Port Qasim to get 400-acre industrial estate
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a modern small industrial estate at Port Qasim spanning approximately 400 acres, according to a statement issued on Thursday. Speaking during his visit to the Karachi Chamber of Commerce and Industry (KCCI), the minister said the development strategy would prioritise infrastructure readiness before plot allocation. "Unlike conventional practices where investors are shown undeveloped land...
Stocks maintain positive momentum
The rally continued at the Pakistan Stock Exchange (PSX) on Thursday, where bulls drove the benchmark KSE-100 index sharply higher in early trading before gains were trimmed by the close. Within minutes of the opening bell, the index surged 2,306 points, or 1.27%, reaching intra-day high of 170,899. Investor sentiment remained upbeat, aided by improving macroeconomic signals and ample liquidity. Fuelling the upward trajectory was a key development related to funding. The State Bank of Pakistan...
Auto policy shrouded in secrecy
Pakistan's upcoming auto policy for 2026-31 is facing growing criticism from industry stakeholders over an unusual lack of transparency, with key players claiming they remain unaware of the policy's final contours despite its completion and submission to the Prime Minister's Office. "We are completely unaware of what is in the policy," said Ali Asghar Jamali, Chief Executive Officer of Indus Motor Company (IMC), while speaking to The Express Tribune on the sidelines of a r...
CA posts $1.07b surplus in March
Pakistan posted a staggering current account surplus of $1.07 billion in March 2026, down from $1.28 billion a year ago, but sharply higher than $231 million in February 2026. Cumulative 9MFY26 current account stood at a marginal surplus of $8 million, compared with a surplus of $1.67 billion in 9MFY25, reflecting notable weakening over the year. The monthly improvement was driven by a lower goods and services deficit along with stronger remittance inflows. Goods exports stood at $2.53 billion...
NA panel approves SEZ land giveaway
The National Assembly Standing Committee on Finance on Thursday approved a bill to give state land on lease free of cost to private developers for the development of special economic zones (SEZs) and barred courts from taking cognisance of commercial legal disputes related to these zones. The committee approved the Special Economic Zones Amendment Act 2026 in haste, without discussing it clause by clause. The bill was introduced in the National Assembly on April 8 and moved at supersonic speed....
Hong Kong leader John Lee, EU officials meet to discuss trade, cooperation
Hong Kong leader John Lee Ka-chiu has met European Union representatives to discuss opportunities for cooperation, with the chief executive saying both sides highlighted a shared belief in multilateralism amid increasing tensions and market turmoil. Ambassador Harvey Rouse, head of the EU Office in Hong Kong, called for both sides to work together, describing the 27-member bloc as a “very dependable partner in an increasingly volatile world”. Local officials attending the lunch meeting on...
6 free LPG cylinders per year, Rs 2,500 aid for women: TVK's welfare-heavy manifesto
free LPG cylinders per year Rs aid for women TVKs welfareheavy manifesto
Renault to Cut Up to 20% of Engineers, Morocco Among Affected Sites
Marrakech – French carmaker Renault plans to reduce its engineering workforce by 15% to 20% over the next two years, with Morocco among the countries where cuts will be applied. The company confirmed the decision on Tuesday through a spokesperson, describing the move as part of a broader push to stay competitive. As reported by AFP and Reuters, the reductions will affect up to 2,400 engineers out of a current global workforce of 11,000 to 12,000. Renault had 100,541 total employees at the...
Amalgamated CEO: Rates Aren’t Everything
Amalgamated Bank CEO Priscilla Sims Brown joined Bloomberg Open Interest to break down why her bank is thriving in a “higher for longer” rate world. She reveals why loyal, values-driven clients matter more than interest rates, highlights booming demand in clean energy lending, and hints at a wave of potential bank mergers ahead. (Source: Bloomberg)
UAE, Jordan sign USD 2.3 billion railway project deal to boost logistics, export operations
UAE and Jordan sign a USD 2.3 billion railway project deal to enhance logistics and export operations. Here’s what the agreement includes.
Wall Street seems to have decided the recession risk is over. Can the Australian market do the same?
Experts say US market ‘may have run ahead of itself’, while the ASX 200’s more modest recovery is due in part to Australia’s reliance on fuel importsGet our breaking news email, free app or daily news podcastOne day the IMF warns of a global recession, the next day stocks on Wall Street hit a record high.From looking at the complete U-turn in fortunes in America, you wouldn’t know the world was in the grips of an unprecedented energy shock. Continue reading...