Washington, Jan 29 (IANS) The Federal Reserve held interest rates steady. Chair Jerome Powell said inflation is still “somewhat elevated,” with tariffs pushing up goods prices.The Federal Open Market Committee “decided to leave our policy rate unchanged,” Powell told reporters on Wednesday (local time). The Fed kept the target range for the federal funds rate at 3.5 per cent to 3.75 per cent.Powell said the economy “expanded at a solid pace last year” and is starting 2026 “on a fir…
Latest Labor Market News & Updates
Islamabad, Jan 5 (IANS) Pakistan’s maternal mortality remains alarmingly high, with millions of women deprived of access to family planning services, persistent early marriages and widespread gender-based violence — all factors influencing fertility patterns, female labour participation and development of human capital, a report said on Monday. “In climate-exposed districts, weak health systems and limited access to services deepen vulnerability, reinforcing inequalities. The evidence leaves l…
New Delhi, Dec 26 (IANS) The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bond (SGB) 2017-18 Series-XIII (SGBs) due on Friday.SGB 2017-18 Series-XIII issued on December 26, 2017 can be prematurely redeemed at Rs 13,563 per gram. SGBs have an eight-year maturity, but investors can opt for premature redemption from the fifth year onwards.This SGB was issued at Rs 2,866 per gram without discount and investors achieved 381.6 per cent absolute simple ret…
Athens, Dec 25 (IANS) The gender gap in Pakistan’s labour market and economic opportunities stems from entrenched cultural norms, institutional shortcomings, and structural weaknesses, a report said on Thursday. It added that overcoming these challenges requires comprehensive measures such as strengthening labour law enforcement, improving access to childcare and safe transportation, promoting digital and financial inclusion, and eliminating discriminatory norms that restrict women’s mobility an…