A political crisis followed by an economic crunch seems to be a recurring theme in Pakistan.Add the global geopolitical volatility, a commodity supercycle as well as double-digit inflation rates in......
After increasing the prices of all petroleum products by Rs30, the government has also hiked up flour prices — by more than 20 per cent — at utility stores.The new rates were conveyed to all zonal......
The rupee finally snapped its losing streak against the dollar on Friday, gaining Rs2.50 in interbank trade in the early morning hours after the government decided to lift the fuel price cap to......
The Pakistan Stock Exchange's benchmark KSE-100 index opened in the green on Friday, continuing its momentum from the previous day and soaring more than 800 points in the first hour of trading, just......
ISLAMABAD: In a move towards placating the International Monetary Fund (IMF) for an economic bailout, the government on Thursday increased, with immediate effect, the prices of all petroleum products......
LAHORE: The Asian Development Bank (ADB) on Thursday said that projects worth $2 billion for Pakistan would be finalised after consultation with the private and public sectors.“The $2bn ADB-funded......
NEW YORK: Oil prices rose about three per cent to a two-month high on Thursday on signs of tight supply ahead of US summer driving season, as the European Union (EU) wrangled with Hungary over plans......
KARACHI: Despite the political crisis which affected all segments of life including business, the outflow of profits and dividends on foreign investments increased during the first 10 months of the......
KARACHI: Trade and industry leaders have slammed the government for increasing the petrol and diesel rates by a whopping Rs30 per litre which will not only multiply the woes of already inflation-hit......
The stock market witnessed a positive momentum on Thursday with the KSE-100 index soaring more than 500 points as political temperatures cooled in the country after PTI Chairman Imran Khan......
The rupee continued to lose ground against the US dollar on Thursday for the 14th consecutive session and gained 50 paisa in the interbank market.According to the Forex Association of Pakistan (FAP),......
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) failed on Wednesday to reach an agreement on an economic bailout mainly because of the government’s indecision on fuel and electricity......
Finance Minister Miftah Ismail said on Thursday that "we would need to have a tight monetary policy and consolidate our fiscal position" after he returned from Doha following the conclusion of the......
NEW YORK: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to their highest level since before the coronavirus pandemic started.Brent crude......
KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Wednesday said the potential projects for investment in the province included a wide variety of sectors including water and the environment,......
