Attock Refinery restarts operations at main distillation unit Attock Refinery Limited (ATRL), a subsidiary of the Attock Oil Company Limited, said on Monday that it has commenced... Updated 26 Dec, 2022 06:01pm
Opinion Economic pain: an illusion of choice Pakistan is facing an illusion of false choices in managing its ongoing economic crisis. It can either return to the... Published 26 Dec, 2022 05:48am
Markets APTMA says textile exports may fall below $1bn a month from Jan 2023 In letter addressed to PM Shehbaz, association says sector operating at capacity utilisation of less than 50% Updated 23 Dec, 2022 07:42pm
Business & Finance Pakistan’s auto parts maker extends production shutdown amid drop in sales A slowdown in economic activity continued to bite Pakistan's industrial sector, as Baluchistan Wheels Limited... Published 23 Dec, 2022 12:34pm
Print S&P cuts rating on weakening of several metrics Rating agency states that Pakistan’s already low foreign exchange reserves would remain under pressure throughout 2023 Updated 23 Dec, 2022 09:04am
Editorials Tougher times likely ahead for markets EDITORIAL: Yesterday, S&P Global cut Pakistan’s long-term sovereign rating by one notch to “CCC+” from “B”. The... Published 23 Dec, 2022 05:54am
Markets Critical level: SBP-held foreign exchange reserves plummet $584mn, now stand at $6.12bn This is the lowest level of SBP's reserves since April 2014 Published 22 Dec, 2022 09:03pm
Pakistan S&P Global lowers Pakistan’s rating to ‘CCC+/C’ Global ratings agency S&P Global cut Pakistan’s long-term sovereign credit rating by one notch to “CCC+” from... Published 22 Dec, 2022 07:56pm
Pakistan Pakistan would need another IMF programme post elections: report Brokerage house AHL also expects rupee-dollar parity to hit 263 by end of 2023 Updated 22 Dec, 2022 04:53pm
Markets Fauji Fertilizer Bin Qasim shuts down DAP plant amid economic downturn Company says urea plant operating normally Updated 22 Dec, 2022 04:42pm
Print SBP warns of higher risks to food security KARACHI: The State Bank of Pakistan (SBP) has warned that the country may face higher risks to food security in the... Updated 22 Dec, 2022 09:43am
Business & Finance SBP lowers FY23 growth forecast KARACHI: Taking into account the destruction caused by floods and the policy focus on stabilization, the State Bank... Published 22 Dec, 2022 05:57am
Markets ‘Exchange losses’: Non-provision of needed funds worries Petroleum Division ISLAMABAD: The Petroleum Division is said to have expressed its concerns on the Finance Division’s ‘apathy’ with... Updated 22 Dec, 2022 12:33pm
Markets With Pakistan’s economy in a tailspin, speculators jack up prices in informal gold market Association says uncertainty behind not issuing gold rates on Wednesday Published 21 Dec, 2022 10:01pm
Markets Another bad day for stocks: KSE-100 down 1.23%, hits 26-month low Index settles at 39,342.89 after fall of 489.56 points Updated 21 Dec, 2022 08:06pm
Markets Pakistan's GDP growth projected to remain below 3–4% in FY23, says SBP Central bank releases Annual Report on The State of Pakistan's Economy Updated 21 Dec, 2022 08:01pm
Markets In stark contrast to 2021, PSX sees a meagre 3 IPOs this year Collectively, the three listings raised Rs1.3bn from the capital market Published 21 Dec, 2022 04:15pm
Markets Meltdown at PSX: Marred by political upheaval, KSE-100 falls below key 40,000 barrier Benchmark index loses 2.8% as analysts cite rising political noise and vulnerable economic situation as reasons behind the selling pressure Updated 20 Dec, 2022 05:29pm
Markets Net Metering Regulations: Nepra facing frustrating situation ISLAMABAD: National Electric Power Regulatory Authority (Nepra) is facing a frustrating situation in so far as... Updated 20 Dec, 2022 12:37pm
Print External sources: Jul-Nov govt borrowing rises to $5.114bn from $4.699bn YoY ISLAMABAD: The government has borrowed $5.114 billion from multiple financing sources, including $1.166 billion from... Updated 20 Dec, 2022 09:38am
Business & Finance ‘Unable to continue production’: Indus Motor latest to announce temporary plant shutdown Company shares development in PSX notice Updated 19 Dec, 2022 08:47pm
Pakistan PBC urges govt to seek 'professional help' to renegotiate sovereign debts The Pakistan Business Council (PBC), a business policy advocacy platform, has urged the government to seek... Updated 19 Dec, 2022 04:15pm
Markets KSE-100 loses over 330 points as political uncertainty persists Index posts minor recovery after losing nearly 500 points in intra-day trading Updated 19 Dec, 2022 06:13pm
Business & Finance Expert stresses need for controlling inflation, govt spending KARACHI: “Unless we control the prices of daily use items and slash the government expenditure, nothing will be... Published 18 Dec, 2022 03:36am
Business & Finance July-Nov textile group exports fall around 5pc YoY ISLAMABAD: The country’s textile group exports declined by around five percent during the first five months... Published 17 Dec, 2022 06:45am
Opinion Shocking fall in workers’ remittances Amidst falling exports and FDI the decline in remittances from Overseas Pakistanis is the last thing one expects at... Published 17 Dec, 2022 05:58am
Business & Finance KCCI concerned at woeful state of economy KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while expressing deep... Published 17 Dec, 2022 05:58am
Print ‘All is not well’ on economic front: Aisha Minister of State for Finance and Revenue acknowledges country is under stress, but will not default on the external obligation Updated 17 Dec, 2022 08:52pm
Pakistan Pakistan’s current account deficit shrinks to $0.28bn in November: SBP Pakistan’s current account deficit (CAD) shrank by more than 50 percent during the first five months of this ... Published 16 Dec, 2022 11:02pm
Markets As Pakistan reels from dollar shortage, customers lured towards 'grey' market premiums Inter-bank and open-market rates have only become wider in recent days Published 16 Dec, 2022 07:06pm