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Pakistan's inflation rate clocked in at 31.4% year-on-year in September, rising from 27.4% in August, statistics bureau data showed on Monday, as the nation reels from high fuel and energy prices. The country is embarking on a tricky path to economic recovery under a caretaker government after a $3 billion loan programme approved by the International Monetary Fund in July averted a sovereign debt default, but with conditions that complicated efforts to rein in inflation. On a month-on-month basis, inflation climbed 2% in September, compared to an increase of 1.7% in August Reforms required by the IMF bailout, including an easing of import restrictions and a demand that subsidies be removed, have already fuelled annual inflation, which rose to a record 38.0% in May. Interest rates have also risen to their highest at 22%, and the rupee hit all-time lows in August before recovering in September to become the best performing currency following a clampdown by authorities on unregulated FX trade. On Friday, the ministry of finance said in its monthly report that it anticipated inflation remaining high in the coming month, hovering around 29-31% due to an upward adjustment in energy tariffs and a major increase in fuel prices. The report added that inflation was, however, expected to ease, especially from the second half of the current fiscal year that starts on Jan. 1. On Saturday Pakistan cut petrol and diesel prices from a record high, after two consecutive hikes.

₹79,900. The iPhone 13 is currently priced at ₹59,990 for the 128GB storage variant, ₹69,990 for the 256GB storage variant and ₹89,990 for the 512GB storage variant. Notably, iPhone 13 is already available at a discounted price of ₹52,499 on Amazon for the 128Gb version.

Take a look at the pictures below, Since being posted, the post has garnered over 50k views, 1,500 likes, and numerous reactions in the comment section. One user wrote, “You really had an incredible tour of India in the shortest possible time from Kashmir to Kanyakumari and from Bombay to Calcutta.

Focus Lighting has earlier approved to split its shares in the proportion of 1:5, which means, for every one share investors hold, it will be subdivided into five shares. The proposed stock split will be completed within 3 months from the date of shareholder’s approval. The record date for the same is fixed as October 6, and the stock will trade ex-split on the same day. Stock split is usually done to increase the liquidity of the stock in the market. On the ex-split date, investors who are holding the stock until the record date will receive the new shares in demat accounts and the stock price will be adjusted according to the split ratio. Focus Lighting and Fixtures provides lighting products and solutions.

(Exciting news! Mint is now on WhatsApp Channel. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) The monsoon was uneven, with June rains 9% below average because of the delay in the arrival of rains, but July rains rebounded to 13% above average. Also read: Monsoon season ends with 'below-average' rains, IMD blames El Nino for deficit August was the driest on record with a 36% deficit.

Also Read: Gandhi Jayanti 2023 LIVE Updates: 'Mahatma Gandhi's impact is global,' says PM Modi 2. An eye for an eye will only make the whole world blind The quote, "An eye for an eye will only make the whole world blind," is often attributed to Gandhi, but there is no concrete evidence that he actually spoke these words, as per the Yale Book of Quotations. In the 1982 biographical film "Gandhi," actor Ben Kingsley, portraying Gandhi, delivers this line, but there is no documented historical record of Gandhi himself using these exact words.

In percentage terms, sales rose by a modest 2% during the month, hemmed in by a high year-earlier base which saw robust post-pandemic pent-up demand. Companies mostly report wholesale dispatches from plants to dealerships and not retail sales to customers. While demand for sport-utility vehicles remained robust amid a spate of new launches, there continued to be some pressure on sales on entry-level cars. Senior industry executives, however, are optimistic that the demand momentum will sustain and lift sales across segments this festive season. Shashank Srivastava, senior executive officer (marketing and sales) at market leader Maruti Suzuki said monthly sales of passenger vehicles reported the best-ever performance for the ninth straight month in September. Half yearly sales too crossed the two-million mark for the first time as consumer demand remained buoyant.

Sales of fast-moving consumer goods (FMCG), cars, smartphones, and household appliances surged in the September quarter, both sequentially and year-on-year, company executives told ET. Lower inflation, improved monsoon, fall in prices and offers given by companies to pass on the benefits of lower input costs lifted consumer sentiment. Passenger vehicle makers ended September with the best-ever quarter, clocking record sales. Chief executives said the consumption boost in the September quarter is a sign that the festive season may go well. Festive season accounts for as much as 30-40% of sales in categories such as passenger vehicles, smartphones, televisions, and appliances. The FMCG market grew 8-12% from a year ago in the September quarter by value, as per data from companies, boosted by a revival in rural demand and price cuts in several categories.

Unchained, a prominent financial service provider for bitcoin holders, has unveiled a strategic partnership with Build Asset Management, the sponsor of Build Secured Income Fund I. This collaboration is set to focus on investments in Unchained loans.

Apple defends decision to set Google as default search engine on iPhones, Macs, says ‘no viable alternative’ Google Vice President for Finance Michael Roszak made the remarks during a training offered by the company on communications in July 2017. In the document released online by the Justice Department, Roszak said, "Search advertising is one of the world’s greatest business models ever created… there are illicit businesses (cigarettes or drugs) that could rival these economics, but we are fortunate to have an amazing business" “We've essentially been able to ignore one of the fundamental laws of economics - supply and demand.

Also Read: Assam Earthquake: Quake of magnitude 3.1 jolts Dhubri district Taking to X (former Twitter), National Center for Seismology (NCS) said, "Earthquake of Magnitude:3.1, Occurred on 01-10-2023, 03:01:33 IST, Lat: 26.08 and Long: 90.05, Depth: 17 Km, Location: Dhubri, Assam, India." Previously, on Monday, Uttarkashi district in Uttarakhand experienced a 3.0 magnitude earthquake. In September, slight earthquakes with magnitudes of 2.8 and 2.1 on the Richter Scale were recorded in Himachal Pradesh's Mandi and Chamba districts, respectively.

PwC paid for senior tax officer Jeremy Hirschhorn to fly to Paris to address the big four firm’s two-day global tax conference for clients and partners – at the height of the tax leaks scandal.

Millions of Americans must start repaying their federal student loans again in October, with monthly payments averaging hundreds of dollars

Several people have been injured after the Flying Scotsman steam locomotive was involved in a low-speed crash with another heritage train in the Scottish Highlands

An official Chinese survey says the country's factory activity has recorded its first expansion in six months

Pickleball tournament in Mumbai saw the highest number of participants at 470 and a record number of over 15 sponsors, including Skechers, Decathlon, Selkirk, Franklin, and Pickleball United. Pickleball, often described as a combination of tennis, ping-pong and badminton, has grown nearly 40% in the last three years — making it America's fastest-growing sport. A relatively new and emerging sport in India, it is gaining popularity across age brackets and among CEOs.

Automakers in India set a record in monthly sales selling 363,733 cars and sport-utility vehicles in September as they accelerated dealer dispatches from factories to build stocks ahead of key festivals of Dussehra and Diwali. Sales rose by a modest 2% during the month, hemmed in by a high year-earlier base which saw robust post-pandemic pent-up demand. While demand for SUVs remained robust amid new launches, there continued to be some pressure on sales on entry-level cars. Senior industry executives, however, are optimistic that the demand momentum will sustain and lift sales this festive season. Shashank Srivastava, senior executive officer (marketing and sales) at Maruti Suzuki, said monthly sales of passenger vehicles reported the best-ever performance for the ninth straight month in September.

Saint-Etienne, France | Australia is on the brink of making the Rugby World Cup quarterfinals. And on the brink of missing out.

Guidonia Montecelio, Italy | Rory McIlroy was still running hot after his parking lot outburst at the Ryder Cup on Saturday night as he made his way to Marco Simone the following morning to help Europe regain the golden trophy.

United States touched record levels in September as it crossed the massive $33 trillion mark. In the past few years, there has been a significant surge in debt levels, particularly following a substantial 50% rise in federal expenditures between 2019 and 2021, as substantiated by information provided by the US Department of the Treasury. Exciting news! Mint is now on WhatsApp Channels.

NEW DELHI : This Gandhi Jayanti, we should reflect upon an important observation the Mahatma made about us-versus-them thinking and its corrosive effect on judgement. Too often, he remarked, do we judge others by their worst actions and ourselves by our best principles.