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Mumbai: Credit Suisse has downgraded its India position to ‘underweight’ from ‘overweight’ due to high oil prices. Terming the downgrade as ‘tactical’, Credit Suisse said it will use the funds freed from India to raise its China and Australia position to ‘overweight’ from ‘market weight’. “Because of its strong structural prospects and robust earnings per…Continue Reading

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Finance Minister Shaukat Tarin. Photo: AFPFinance Minister Shaukat Tarin claims Pakistan is the cheapest among 139 countries in the world.Minister shares screenshots of latest cost of living index on official Twitter handle.Cost of living in Pakistan is 71.52% lower on average than in the United States, stated database.Finance Minister Shaukat Tarin claimed Sunday that Pakistan…Continue Reading