Warning that downside risks to Pakistan’s economic outlook remain exceptionally high, the Asian Development Bank’s latest report says the country’s adherence to an economic adjustment programme......
The caretaker government on Friday night pushed through another hike in the prices of petrol by Rs26.02 per litre and high-speed diesel (HSD) by Rs17.34 per litre.The increase brings the price of......
The State Bank of Pakistan (SBP) has decided to maintain the status quo and keep the key policy rate unchanged at 22 per cent to keep the aggregate demand in check, according to a press release......
A Lahore anti-terrorism court (ATC) began the process of proclamation on Wednesday against several PTI leaders who could not be arrested in two cases pertaining to the May 9 episode as they had......
Extreme heat and flooding could erase $65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from......
The rupee continued to strengthen against the US dollar in the interbank market on Wednesday but fell in the open market.The development comes a day after the rupee rose 0.42 per cent in the......
The rupee continued its upward trajectory on Tuesday against the dollar during morning trade in the interbank market, with analysts attributing the gains to an ongoing crackdown seeking to check......
The rupee continued its upward trajectory against the dollar in the interbank market on Monday, with the local currency’s rise being attributed to a crackdown launched against hoarders and outflows......
Global leaders announced a multinational rail and ports deal linking the Middle East and South Asia on Saturday on the sidelines of the G20 summit in New Delhi.The pact comes at a critical time as US......
The National Electric Power Regulatory Authority (Nepra) on Friday authorised ex-Wapda distribution companies (XWDiscos) to levy a Rs1.46 per unit charge in consumers’ electricity bills for September......
Soya Supreme, one of the largest cooking oil manufacturers in Pakistan, is planning an initial public offering, officials said on Friday, as the company looks to expand its business to the Middle......
The rupee continued its upward trajectory on Friday, rising against the US dollar in the interbank and open market.According to the Exchange Companies Association of Pakistan (Ecap), the greenback......
The International Monetary Fund (IMF) and World Bank on Thursday issued a rare joint statement pledging to step up their cooperation to address climate change, debt vulnerabilities and countries’......
Pakistan Gasport is looking to buy a spot liquefied natural gas (LNG) cargo for November delivery, its chairman Iqbal Ahmed told Reuters on Thursday, which would be the country’s first spot LNG deal......
Caretaker Prime Minister Anwaarul Haq Kakar on Thursday told a delegation of businessmen that the government was reforming the tax system through digitisation and underscored the need to boost tax......
