The World Bank has lowered its forecast for Pakistan's economic growth due to rising interest rates and limited fiscal space, predicting a 0.4% increase instead of the previously estimated 2%.
JPMorgan has initiated coverage of KPIT Technologies with an 'Underweight' rating and a price target of Rs 520, indicating a potential downside of 44%.
The U.S.-Saudi Arabia relationship has taken a hit due to the decision to cut oil production, with Saudi Arabia now leaning closer towards Russia and China.
Japanese manufacturers' sentiment has decreased for five consecutive quarters, reaching its lowest level in two years due to rising raw material costs and a potential slowdown of the global economy.
Pakistan has secured a major bailout package from Russia, allowing them to purchase oil at the same discounted price as India despite previous betrayals.