Jul-Oct: Fiscal deficit rises 1.5pc of GDP to Rs1.266trn YoY ISLAMABAD: Overall, the fiscal deficit has increased to 1.5 percent of GDP (Rs1,266 billion) during July-October... Updated 31 Dec, 2022 08:50am
Markets Pakistan's Rupee sees its worst year since 2008 meltdown PKR lost 22% during 2022, depreciating from 176.51 to 226.43 against the US dollar in the inter-bank market Updated 01 Jan, 2023 01:19pm
Markets 'Not feasible': Another textile company cuts production by 40% Suraj Cotton Mills Limited says measure is temporary, will keep reviewing situation Updated 30 Dec, 2022 04:17pm
Markets Depressed demand: Pakistan’s auto parts maker prolongs shutdown Baluchistan Wheels Limited announces it will extend closure of production activities till January 6 Updated 30 Dec, 2022 03:43pm
Opinion 2023: Disappointments & hopes Year 2022 is bidding farewell to Pakistan leaving behind some unpleasant memories, natural disaster in the form of... Updated 30 Dec, 2022 06:45am
Opinion 2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has... Updated 30 Dec, 2022 06:28am
Business & Finance PBF terms 2022 ‘worst year’ for country’s economy KARACHI: President of Pakistan Business Forum (PBF) Mian Usman Zulfiqar said textile and its allied sectors,... Published 30 Dec, 2022 05:50am
Print Energy conservation: Presidency shows wedded to sanctity of govt initiative Says an awareness campaign across the country to conserve electricity, gas, and water should be launched Updated 30 Dec, 2022 10:54am
Print Virtual govt-IMF sessions on ‘regular’ basis: Aisha ISLAMABAD: Minister of State for Finance, Aisha Ghaus Pasha has said that the government is holding virtual... Updated 30 Dec, 2022 11:23am
Editorials Ishaq Dar’s address: misplaced optimism? EDITORIAL: Federal Finance Minister Ishaq Dar gave an impassioned virtual address to mark the first listing of the... Published 30 Dec, 2022 05:50am
Opinion Energy sector reforms — I My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing geo-political... Published 29 Dec, 2022 05:59am
Editorials Foot-dragging on the pending IMF review EDITORIAL: The market is unambiguously sending signals to the government to take appropriate measures to deal with... Published 29 Dec, 2022 05:59am
Print Imran Khan says doesn’t see elections in ‘near future’ It is necessary for ‘people’ sitting behind the government to agree for the fresh election, adds the PTI chairman Updated 29 Dec, 2022 08:52am
Print Dar addresses ebbing investor confidence KARACHI/ISLAMABAD: Finance Minister Ishaq Dar Wednesday assured the investors that Pakistan won’t default, adding... Updated 29 Dec, 2022 08:45am
Print Energy saving plan: Cabinet to expedite consultations with stakeholders ISLAMABAD: The federal cabinet Wednesday decided to expedite the process of consultation with all stakeholders,... Updated 29 Dec, 2022 08:48am
Print $15.722bn newpacts signed: Country received $16.974bn foreign assistance: EAD ISLAMABAD: The country received foreign assistance of $16.974 billion while it signed new agreements worth $15.722... Updated 29 Dec, 2022 08:48am
Markets KSE-100 retreats to its lowest level since July 2020 Selling pressure witnessed due to delay in resumption of IMF programme Updated 28 Dec, 2022 08:30pm
Markets Nishat Chunian to partially shut down operations after one month Cites current market conditions as reason in notice to Pakistan Stock Exchange Updated 28 Dec, 2022 04:32pm
Markets Dar admits Pakistan in 'tight spot' but 'no chance of default' Addressing PSX event via video link, finance minister reiterates position on country's payments' position, expresses resolve to complete IMF programme Updated 28 Dec, 2022 09:26pm
Business & Finance PBF VP urges political parties to agree on ‘economic charter’ KARACHI: Vice President of Pakistan Business Forum (PBF) Chaudhry Ahmad Jawad urged all political parties to agree ... Published 27 Dec, 2022 07:14am
Business & Finance Bostan explains how hundi/hawala business gets a huge boost KARACH: Exchange Companies Association of Pakistan (ECAP) President Malik Bostan Monday said that black marketing of... Published 27 Dec, 2022 07:10am
Editorials Conserving energy EDITORIAL: The government took its sweet time to come up with an energy conservation roadmap which, according to ... Published 27 Dec, 2022 06:30am
Editorials Forex reserves: all is not well EDITORIAL: All is not well on the economic front, acknowledged Minister of State for Finance and Revenue Aisha Ghous... Published 27 Dec, 2022 06:26am
Opinion Low foreign inflows The foreign exchange reserves of the SBP have plunged to $6,116 million as of 16th of December 2022. There has been ... Published 27 Dec, 2022 06:07am
Business & Finance Inventory shortage: PSMCL decides to suspend production for 5 days KARACHI: Pak Suzuki Motor Company Limited (PSMCL) has decided to completely shut down its plant for both automobiles... Published 27 Dec, 2022 06:07am
Business & Finance APTMA squashes industry closure rumours KARACHI: All Pakistan Textile Mills Association (APTMA) has strongly rejected the fake reports regarding the closure... Published 27 Dec, 2022 06:07am
Markets Bostan says Pakistan hemorrhaging dollars owing to smuggling and trade with Afghanistan KARACHI: Malik Muhammad Bostan, president of the Forex Association of Pakistan, claimed on Monday that the country... Published 26 Dec, 2022 10:01pm
Pakistan Didn’t know extent of Pakistan's economic problems when I took oath: PM Shehbaz Says threat of default was looming on Pakistan while IMF programme was stalled Updated 26 Dec, 2022 09:17pm
Markets APTMA rejects reports over closure of textile mills across Pakistan Association says any decision to shut down the entire industry would be disastrous and irresponsible Updated 26 Dec, 2022 07:19pm
Business & Finance 'Inventory shortage': Pak Suzuki announces temporary shutdown of automobile, motorcycle plants Pak Suzuki Motor Company (PSMC) on Monday announced the temporary shutdown of its plant for automobiles and... Updated 26 Dec, 2022 07:19pm