Rupee sees a 17th consecutive recovery against dollar newsdesk Sep 28, 2023 Article ISLAMABAD-The Pakistani rupee gained Rs1.05 versus the US dollar in interbank trading on Wednesday, closing at!-->…
PSX increases by 87 points. newsdesk Sep 28, 2023 Economy ISLAMABAD, Pakistan – On Wednesday, the Pakistan Stock Exchange (PSX) 100-index became bullish and gained 87.38!-->…
For Rs314 billion in tax fraud, FBR launches a lawsuit against fictitious business… newsdesk Sep 13, 2023 Domestic The Federal Board of Revenue (FBR) filed a lawsuit against Mohammad Kashif and Mohsin Ali, the owners of the!-->…
Due to the falling rupee, stocks fell 419 points. newsdesk Aug 20, 2023 Economy KARACHI: Profit-taking dominated trading on the Pakistan Stock Exchange (PSX) on Wednesday.Topline Securities said!-->…
Pakistan wants Iran to suspend gas obligations newsdesk Aug 12, 2023 Economy Pakistan has issued a notice of ‘Force Majeure and Excusing Event’ to Iran to suspend its contractual obligation!-->…
Blome emphasises the US-Pakistan Green Alliance: newsdesk Aug 24, 2023 Economy US Ambassador to Pakistan Donald Blome on Saturday said the US-Pakistan Green Alliance Initiative was a critical!-->…
Till July 31 a record 1.43 million cotton bales were produced newsdesk Aug 23, 2023 National Unprecedented 1.429 million cotton bales arrived in the ginning factories by July 31 as no significant pest threat!-->…
Government borrows Rs500bn from banks in 21 days newsdesk Aug 5, 2023 Economy In the first 21 days of the current financial year, the government borrowed half a trillion rupees from banks,!-->…
He Lifeng, the vice premier of China, is “warmly welcomed” in… newsdesk Jul 31, 2023 CPEC Chinese Vice Premier He Lifeng — who arrived in Pakistan a day earlier on a three day visit — was accorded a!-->…
China rolls over $2.4bn loan for two years newsdesk Jul 28, 2023 Economy ISLAMABAD: China has rolled over $2.4 billion in loans to Pakistan for two years that were up for repayment in!-->…
The dollar has reached a fresh two-decade high, while sterling is once again on… newsdesk Sep 28, 2022 Economy On Wednesday, the dollar reached a new two-decade high versus a basket of currencies on the back of rising!-->…
NEPRA intends to reduce the benefits provided to rooftop solar users. newsdesk Sep 28, 2022 Economy The National Electric Power Regulatory Authority (NEPRA) Tuesday made up its mind to curtail rooftop solar!-->…
In Pakistan, diesel prices may be reduced by Rs15 and petrol prices by Rs5. newsdesk Sep 27, 2022 Economy Petroleum product prices are expected to fall by up to Rs15 from October 1 due to a substantial drop in POL rates!-->…
The pound has reached an all-time low against the dollar. newsdesk Sep 26, 2022 Economy Sterling fell to a record low on Monday as traders fled over fears that the incoming government's economic plan!-->…
The rupee starts the week on a high note, gaining versus the dollar. newsdesk Sep 26, 2022 Economy The Pakistani rupee gained ground against the US dollar as the week began on Monday, following a string of losses!-->…
The World Bank has pledged up to $1.7 billion in disaster aid. newsdesk Sep 23, 2022 Economy The World Bank announced on Thursday that it would contribute up to $1.7 billion in flood-related assistance!-->…
The government raises the price of petrol by Rs1.45 per litre again again. newsdesk Sep 21, 2022 Economy The federal government has raised the price of petrol by Rs1.45 per litre again again, according to a notification!-->…
The rupee is at an all-time low against the dollar. newsdesk Sep 21, 2022 Economy The Pakistani rupee fell for the 14th consecutive session on Wednesday, reaching a new historic low versus the US!-->…
Initial projections place flood losses around $30 billion: ministry newsdesk Sep 17, 2022 Economy According to an initial assessment, the terrible floods caused total cumulative damages of more than $30 billion,!-->…
Why hasn’t Pakistan’s increased gasoline pricing been notified yet? newsdesk Sep 16, 2022 Economy Petrol prices in Pakistan are updated every two weeks, but none have yet been altered because Prime Minister!-->…
As inflation risks decrease, the world economy may avoid recession, according to a… newsdesk Sep 15, 2022 Economy The figures suggest a probable gentle landing for the global economy, according to JP Morgan analysts, who also!-->…
Relieved sigh: Pakistan’s gasoline price is anticipated to decrease by… newsdesk Sep 15, 2022 Economy After a reduction of Rs9.62 per litre on September 16 (Friday), the price of mogas is projected to fall from!-->…
Rupee keeps dropping against the dollar. newsdesk Sep 12, 2022 Economy At the beginning of the new work week on Monday, the Pakistani rupee continued to depreciate against the US!-->…
Net Hydel Profit Increases For Punjab And KP newsdesk Sep 10, 2022 Economy Khyber Pakhtunkhwa and Punjab have been given permission by the National Electric Power Regulatory Authority!-->…
Rupee Continues to Fall Against the Dollar newsdesk Sep 6, 2022 Economy The Pakistani rupee lost 89 paisas versus the US dollar on Monday in interbank trading, ending the day at Rs219.86!-->…
Floods are predicted to have cost Pakistan’s economy up to $12.5 billion. newsdesk Sep 4, 2022 Economy According to government estimates, Pakistan's devastating floods have cost the country between $10 billion and!-->…
Pakistan’s debt to China exceeds its debt to the IMF and World Bank. newsdesk Sep 3, 2022 Economy According to the most recent International Monetary Fund (IMF) report, which includes state-owned commercial!-->…
Despite flood losses, the rupee continues to climb against the dollar. newsdesk Sep 1, 2022 Economy Despite the flood crises causing economic and humanitarian losses in the nation, the Pakistani rupee kept rising!-->…
Rupee continues to appreciate against the dollar newsdesk Aug 31, 2022 Economy The US dollar lost more ground against the Pakistani rupee on Wednesday despite the country suffering severe!-->…
rupee increases as IMF rescues Pakistan from default risk newsdesk Aug 30, 2022 Economy The much-anticipated bailout programme for Islamabad was resurrected by the executive board of the International!-->…
As markets prepare for higher rates to last longer, the dollar reaches a 20-year… newsdesk Aug 29, 2022 Economy On Monday, after Federal Reserve Chair Jerome Powell said interest rates would be kept higher for longer to rein!-->…
In an effort to take on Careem and InDriver, Bykea has launched a car-hailing… newsdesk Aug 27, 2022 Economy Finally, Bykea has launched its car-hailing service in Pakistan.Through their marketing effort with the phrase!-->…
The Pakistani rupee has ended an 11-day winning streak versus the US dollar. newsdesk Aug 17, 2022 Economy During intraday trade on Wednesday, the Pakistani rupee ended an 11-day winning streak versus the US dollar, as!-->…
The government has requested that overseas Pakistanis invest in the country newsdesk Aug 15, 2022 Economy The Pakistan Business Forum (PBF) Lahore chapter has urged the government to give a package of incentives,!-->…
In the tenth consecutive session, the rupee gains ground against the dollar. newsdesk Aug 15, 2022 Economy On Monday, the Pakistani rupee strengthened against the US dollar for the tenth consecutive working day in the!-->…
Weekly currency update: The rupee is expected to extend its winning streak due to… newsdesk Aug 14, 2022 Economy According to dealers, the Pakistani rupee is projected to continue its upward trend because to renewed hope that!-->…
The rupee’s upward trend against the dollar continues unabated. newsdesk Aug 12, 2022 Economy The Pakistani rupee continued its upward trajectory for the ninth consecutive working day, gaining Rs3.38 to trade!-->…
The rupee’s winning streak continues, with the currency closing at 218.88… newsdesk Aug 11, 2022 Economy The rupee's winning streak continues, with the currency closing at According to the State Bank of Pakistan, the!-->…
For the seventh consecutive session, the rupee gains ground against the dollar. newsdesk Aug 10, 2022 Economy During intraday activity in the interbank market on Wednesday, the Pakistani rupee strengthened versus the US!-->…
The ECP has published a list of delimited constituencies for the next general… newsdesk Aug 6, 2022 Economy The Election Commission of Pakistan (ECP) is ready to hold the next general elections at any moment, as the!-->…
Will Pakistan’s dollar rate fall further? newsdesk Aug 4, 2022 Economy The dollar rate in Pakistan fell again today after the Pakistani rupee recovered by Rs9.8 or more than 4% versus!-->…
The dollar continues to fall against the rupee for the fifth session in a row. newsdesk Aug 4, 2022 Economy During intraday activity in the interbank market on Thursday, the Pakistani rupee gained ground versus the US!-->…
IN THE INTERBANK MARKET, THE US DOLLAR DECLINES TO RS237. newsdesk Aug 2, 2022 Economy After days of increases in the interbank and open markets, the US dollar fell against the rupee on Tuesday,!-->…
Bitcoin and Ethereum are on track for their finest month since 2021. newsdesk Jul 31, 2022 Economy The world's two most valuable digital currencies, Bitcoin and Ether, are on set for their best month since 2021,!-->…
he benchmark oil contract in the United States climbs by 5%. newsdesk Jul 31, 2022 Economy WTI, the major US oil commodity, rose more than 5% in trading on Friday, as supply concerns trumped recession!-->…
POL product prices may increase by Rs28.44. newsdesk Jul 31, 2022 Economy The Finance Division will issue a summary requesting an increase in fuel prices of up to 11% commencing August 1.!-->…
Indus Motor raises automobile pricing in the face of rupee weakness. newsdesk Jul 30, 2022 Economy Indus Motor Company (IMC) has boosted the pricing of locally made variations of the Corolla, Yaris, Fortuner, and!-->…
WHATSAPP AND SNAPCHAT ARE FINED IN RUSSIA newsdesk Jul 29, 2022 Economy A Russian court punished Meta Platforms' WhatsApp messaging, Snapchat owner Snap, and several foreign!-->…
Despite the finance minister’s assurances, political and economic… newsdesk Jul 28, 2022 Economy Despite Finance Minister Mifta Ismail's assurances that currency pressure will soon "vanish," the Pakistani rupee!-->…
Amazon boosts Prime prices in five European nations newsdesk Jul 27, 2022 Economy Customers of Amazon Prime in five European nations were informed that the platform's expedited delivery service!-->…
Bitcoin falls to a one-week low as another Fed rate hike approaches. newsdesk Jul 27, 2022 Economy Bitcoin fell to a more than one-week low, buffeted by market trepidation ahead of a projected Federal Reserve!-->…
Liquidity crunch worth millions of dollars weighs on Pakistan’s interbank… newsdesk Jul 24, 2022 Economy Pakistani importers are facing severe problems amid a liquidity crunch worth millions of dollars braved by the!-->…