Business Recorder
Public News Channel-
Business Recorder
US stocks rise as oil prices pull back
NEW YORK: Wall Street stocks bounced early Tuesday behind gains in tech shares as oil prices retreated after US President Donald Trump again said an Iran peace deal could be close. Crude prices were down more than two percent after Trump said a pe…
#WallStreet #OilPrices #FuelCrisis
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Business Recorder
PM Shehbaz consults agriculture stakeholders ahead of budget, announces reform push
Prime Minister Shehbaz Sharif on Monday held a meeting with key stakeholders from Pakistan’s agriculture sector ahead of the federal budget for fiscal year 2026-27, seeking recommendations to accelerate growth and unlock the sector’s economic pote…
#ShehbazSharif
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Business Recorder
India’s opposition urges government to absorb oil price shock, warns on growth
NEW DELHI: India’s main opposition Congress party urged the government on Tuesday to absorb higher crude oil costs rather than pass them on to consumers, saying that rising prices of fuel and essential goods would hurt demand and slow economic gro…
#India #OilPrices
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Business Recorder
India’s fertiliser ministry seeks to double subsidy fund as cost of Iran war mounts
NEW DELHI: India’s fertiliser ministry has sought to double its budgeted subsidy fund for the current fiscal year amid a global price rally, a government official said, as the South Asian nation increasingly counts the mounting cost of the Iran wa…
#India #Iran
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Business Recorder
India 10-year bond logs best close in 7 weeks as oil prices ease
MUMBAI: India’s 10-year government bond closed at its highest in seven weeks on Tuesday, as a decline in crude oil prices enhanced the appeal of Indian debt, building on positive momentum from Friday’s central bank measures aimed at boosting forei…
#India #OilPrices
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Business Recorder
Rupee registers gain against US dollar
The Pakistani rupee gained against the US dollar, appreciating 0.01% in the inter-bank market on Tuesday. At close, the local currency settled at 278.37, a gain of Re0.03 against the greenback. On Monday , the local unit closed at 278.40. Meanwhil…
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Business Recorder
Palm falls to two-week low on weak export demand
KUALA LUMPUR: Malaysian palm oil futures closed at their lowest level in two weeks on Tuesday,reversing gains in the previous session, as sluggish export demand continued to weigh on the market. The benchmark palm oil contract for August delivery …
#OilPrices
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Business Recorder
Indian rupee gains as oil retreat soothes, inflow expectations erode weakening bias
MUMBAI: The Indian rupee closed stronger on Tuesday on a fall in oil prices, with expectations that regulatory measures will help India narrow its balance of payments deficit chipping away at the currency’s bias towards persistent weakness. The In…
#OilPrices
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Business Recorder
Pakistan plans to join INSTC, eyes Gwadar link with Russia
Pakistan plans to join the International North-South Transport Corridor (INSTC), with Russia backing a link between the trade route and Gwadar Port as both countries move to deepen economic and strategic cooperation through a new partnership frame…
#INSTC #Gwadar #Russia
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Business Recorder
Pakistan plans coastal sports academies under blue economy vision
Pakistan plans to establish coastal sports academies and cricket training centres under its blue economy vision, with the Maritime Affairs Ministry and former Pakistan cricket captain Shahid Afridi exploring a partnership to promote youth developm…
#Pakistan #SportsAcademies #BlueEconomy
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