BEIJING: China’s fiscal revenue registered faster growth in July, the Ministry of Finance (MOF) said Friday. Fiscal revenue gained 11.1 percent year on year to 1.65 trillion yuan (nearly $250 billion) last month, up from the 8.9-percent growth in June, according to the MOF. Fiscal expenditure rose 5.4 percent year on year to 1.35 trillion yuan, slowing from the 19.1-percent increase in June. The MOF said the July’s deceleration was attributed to faster fund allocation than in previous months.
Gold price jumps Rs5,700 per tola
KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...
