Country close to default, claims PTI’s Hammad LAHORE: Pakistan Tehreek-e-Insaf (PTI) Central Punjab General Secretary and former federal minister Hammad Azhar has... Published 14 Sep, 2022 04:45am
Business & Finance FPCCI urges SBP dept to swiftly clear import payments KARACHI: President of the FPCCI Irfan Iqbal Sheikh has expressed concerns over the persistence of problems of... Published 25 Aug, 2022 06:08am
Pakistan Saudi Arabia plans to renew $3bn deposit in assistance to Pakistan: report Also intends to provide $100mn a month for 10 months in petroleum products that would be granted as additional support Updated 14 Aug, 2022 09:43am
Business & Finance Moscow Exchange to reduce use of dollars as collateral MOSCOW: The Moscow Exchange will cut the maximum amount of dollars it will accept as collateral to underwrite... Published 09 Aug, 2022 03:37am
Pakistan Pakistan's current account deficit hits $2.28bn in June, up 59% month-on-month Cumulative deficit for FY22 stands at $17.4bn, 517% higher on a yearly basis Updated 27 Jul, 2022 09:16pm
Business & Finance Indigenous production: ‘Good policy on chemical industry can facilitate import substitution’ LAHORE: Speakers at a panel discussion said that prudent chemical industry policy can help import substitution... Published 22 Jul, 2022 06:07am
Editorials Treacly sentimentality pervades market? EDITORIAL: The Federal Finance Minister, Miftah Ismail, held yet another press conference with the ostensible... Published 22 Jul, 2022 06:07am
World Saudi Arabia to hand out billions to ease inflation pain RIYADH: Saudi Arabia announced Monday it was disbursing billions of dollars directly to citizens to ease the effects... Published 05 Jul, 2022 05:19am
Markets Rupee resumes fall, depreciates marginally against dollar Currency loses 0.12% as market factors in declining SBP reserves Updated 24 Jun, 2022 07:43pm
World US Senate advances breakthrough bill on gun safety WASHINGTON: US senators advanced a bipartisan bill late Thursday addressing the epidemic of gun violence convulsing... Published 24 Jun, 2022 12:11pm
Business & Finance Morgan Stanley sees stronger yuan LONDON: Morgan Stanley sees a tactical opportunity for investors to position for a stronger Chinese yuan in the next... Published 21 Jun, 2022 05:51am
Business & Finance $2bn projects for Pakistan in the pipeline: ADB official LAHORE: Deputy Country Director of Asian Development Bank Asad Aleem has said that the projects worth US two billion... Published 27 May, 2022 05:50am
Business & Finance Road blockades cost kitty Rs100bn-150bn per day: economists ISLAMABAD: The estimated loss to the national economy is around Rs100-150 billion per day on account of country-wide... Published 26 May, 2022 05:26am
Pakistan BankIslami sponsors Future Fest 2022 KARACHI: BankIslami sponsored Future Fest 2022 held in Islamabad from 13 May to 15 May, 2022. Spanning three days,... Published 19 May, 2022 05:29am
Opinion Pakistan’s projected USD cash flows: an accountant’s perspective In this important article I will present the projected cash flow statements of Pakistan for the period starting from... Published 19 May, 2022 05:29am
Business & Finance Dubai’s offshore real estate market: Pakistanis among people owning properties worth billons of dollars ISLAMABAD: Rich Pakistanis are among those who own properties worth billions of dollars in Dubai’s offshore real... Published 19 May, 2022 05:29am
Markets Bonfire of bitcoin: Why crypto assets are tumbling LONDON: The lightning uptake of crypto assets like bitcoin had swelled a volatile sector to a valuation of roughly... Published 16 May, 2022 05:42am
Opinion The IMF surcharge is unfair Pakistan is one of 14 countries adversely affected by the International Monetary Fund (IMF) loans which trigger... Published 16 May, 2022 05:42am
Business & Finance Rouble firms to early 2020 levels near 65 vs dollar MOSCOW: The Russian rouble firmed on Thursday, crossing the 70 mark against the euro and heading towards 65 against... Published 13 May, 2022 05:59am
Opinion The politics of economics! Continuity in economic policies is considered critical in providing a sustained conducive environment for private... Published 09 May, 2022 05:39am
World Investigation claims Credit Suisse handled dirty money PARIS: Credit Suisse handled billions of dollars in dirty money for decades, an international media investigation... Published 22 Feb, 2022 04:43am
Business & Finance Turkish cenbank’s net FX reserves surge to $16.33bn ISTANBUL: The Turkish central bank’s net international reserves leapt $5.8 billion last week to $16.33 billion as... Published 11 Feb, 2022 04:31am
Markets Rupee's winning streak ends, falls marginally against US dollar Rupee's upward trajectory against the US dollar came to a halt on Tuesday, as the local currency recorded its first... Updated 08 Feb, 2022 09:30pm
Print Dawood wants continued support for exports ISLAMABAD: Top commerce official is pushing the government to bet big on the export industry by maintaining tens of... Updated 11 Jan, 2022 09:28am
Business & Finance Australia, NZ dollars fettered SYDNEY: The Australian and New Zealand dollars were back on the defensive on Monday as the rapid rise of coronavirus... Published 21 Dec, 2021 04:14am
Editorials Policy rate hike EDITORIAL: The Monetary Policy Committee (MPC) raised on 14 December 2021 the interest rate by 100 basis points ... Published 16 Dec, 2021 04:00am
Business & Finance Rouble hovers near 3-week high vs dollar; stocks hit April lows MOSCOW: The rouble hovered near a three-week high versus the dollar on Tuesday, ahead of an expected central bank... Published 15 Dec, 2021 06:34am
Markets Against USD: Pakistan's rupee weakens to record level Closes at 177.43 in the inter-bank market on Wednesday Published 08 Dec, 2021 06:36pm
Editorials Law to arrest rising debt EDITORIAL: During a recent parliamentary finance committee meeting the federal government revealed its intent to... Updated 08 Dec, 2021 06:52am
Editorials Economic infirmity erodes sovereignty EDITORIAL: Economic infirmity, defined as a country’s under stress macroeconomic indicators particularly its... Published 07 Dec, 2021 06:29am