‘Unsustainable levels…’: Pakistan economy drowning in debt with record $26.7 billion in loans last year; dependency on creditors deepens

Due to Pakistan’s poor credit rating at junk level, the nation remains excluded from global capital markets. (AI image) Pakistan’s economy is deeply troubled, and its drowning in debt – its dependency on external support increasing every year. Pakistan got a record $26.7 billion in foreign loans in the previous fiscal year – a fact…

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‘If taxes are being imposed…’: Bengaluru street vendors want GST relaxation; notices received after UPI transactions crossed Rs 40 lakh

The issue came to light after it was reported that vendors in Bengaluru are increasingly declining UPI as a payment mode, asking customers to pay in cash instead. (AI image) Bengaluru GST row: Small scale traders and merchants in Karnataka have expressed grave apprehension following the receipt of GST notifications from the commercial tax authorities…

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Gold price prediction today: Where is gold rate headed in the near-term & will silver outperform the yellow metal? Here’s the outlook

Gold price prediction: Gold prices may see further consolidative moves trading in a tight range in near term. (AI image) Gold price prediction today: Gold prices will continue to be influenced by global economic outcomes in the shadow of US President Donald Trump’s looming August 1, 2025 reciprocal tariff deadline. What should gold and silver…

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Paytm share price today: One 97 Communications stock up over 3%; fintech platform posts Rs 122 crore profit

The 28% year-on-year operational revenue growth was attributed to increased subscription-based merchants. Paytm share price today: One 97 Communications, Paytm’s parent firm, saw its stock price increase by 3.5% on Wednesday, reaching a new 52-week peak of Rs 1,090 on BSE. The share price rise comes on the back of the company achieving a significant…

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Nikkei leads Asian gains: Japan-US trade deal sparks optimism; tariff ease boosts investor sentiment

Representative image (TOI) Asian markets surged on Wednesday, led by the rally in Japanese shares, after US President Donald Trump announced a trade deal with Japan that eased tariffs and boosted investor sentiments.Japan’s Nikkei surged 2.6% on Wednesday, driven by a rally in automaker stocks after news that the auto tariff would be cut to…

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Rupee ends lower for fifth day: Falls 7 paise to 86.38 against dollar amid trade deal uncertainty; FII outflows persist

The rupee on Tuesday fell 7 paise to close at 86.38 against the US dollar, weighed down by persistent uncertainty over the India-US trade deal ahead of the August 1 deadline and continued foreign fund outflows.At the interbank foreign exchange market, the domestic currency opened at 86.26, touched an intra-day high of 86.22 and a…

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India submits TEPA ratification document to EFTA bloc: Trade pact set to begin October 1, $100 bn investment pledged

India on Tuesday submitted the ratification document of the Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA) to Norway, the designated depository for the pact, officials said.“India deposited the Instrument of Ratification of the TEPA between India and EFTA today at the Ministry of Foreign Affairs of Norway, which is…

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