Remittances jump 29% YoY in Sept on exchange rate stability

Remittances jump 29% YoY in Sept on exchange rate stability

Remittances sent home by overseas workers to Pakistan increased by 29% year-on-year in September, reaching $2.849 billion. This was attributed to exchange rate stability and an increase in the number of workers relocating abroad. The highest remittances came from Pakistanis in Saudi Arabia, followed by the UAE and the UK. Despite a slight drop in…

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Mahindra Farm Equipment Sector sales increases 3% Y-o-Y with 43,201 units in September, ET Auto

Mahindra Farm Equipment Sector sales increases 3% Y-o-Y with 43,201 units in September, ET Auto

Mahindra’s Farm Equipment Sector (FES) announced its tractor sales numbers for September 2024, showing growth in domestic sales but a drop in exports. Domestic sales increased to 43,201 units, a 10% growth from the previous year. The company attributes this growth to increased monsoon rainfall and positive rural sentiments. However, exports decreased to 1,055 units….

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