Severe shortage of rebars: PALSP again urges SBP to allow opening of LCs ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has again requested the State Bank of Pakistan ... Published 21 Feb, 2023 05:57am
Business & Finance Pakistan’s REER index falls to 92.8 in January Experts attribute development to rupee’s massive depreciation against US dollar in January Updated 20 Feb, 2023 06:30pm
Markets 5th consecutive gain: rupee appreciates 0.36% against US dollar Currency settles at 261.88 in inter-bank market Updated 20 Feb, 2023 07:06pm
Opinion Who has cost Pakistan more? The blame game for the prevailing deep economic crisis continues with only one out of the three national parties,... Published 20 Feb, 2023 06:26am
Opinion A great social and political upheaval is coming? There are two extremely discomforting economic phenomena unfolding simultaneously in Pakistan – one is dangerously... Published 20 Feb, 2023 06:26am
Editorials They seem more content, less bitter? EDITORIAL: Social and economic disparity was always high in Pakistan but now it is growing to a dangerous level. The... Published 20 Feb, 2023 06:26am
Markets PKR appreciates 2.45pc against USD KARACHI: The rupee appreciated 2.45% during the previous week, reportedly helped by realisation of export proceeds... Published 20 Feb, 2023 06:26am
Markets 4th successive gain: rupee appreciates 0.59% against US dollar Currency settles at 262.82 in inter-bank market Updated 17 Feb, 2023 09:04pm
Print Rs9.92/litre on petrol, Rs13.12 on HSD: PSO allowed exchange rate adjustment ISLAMABAD: The federal government allowed the Pakistan State Oil (PSO) an exchange rate adjustment of Rs9.92 per... Updated 17 Feb, 2023 08:47am
Business & Finance Forex reserves move up by $162m KARACHI: The country’s total liquid foreign exchange reserves rose by $162 million during the last week. ... Updated 17 Feb, 2023 06:38am
Markets Rupee maintains upward trend against US dollar Currency settles at 264.38 in inter-bank market after 0.38% appreciation Updated 16 Feb, 2023 07:12pm
Opinion Better late than never, or just too late? Too bad Finance Minister Ishaq Dar didn’t get to give Moody’s a “befitting reply” for downgrading... Published 16 Feb, 2023 06:08am
Opinion The challenge of SOEs — II The SOEs (State-Owned Enterprises) are generally being run at the whim of a chosen few, who are beholden to no ... Published 16 Feb, 2023 06:08am
Print Dar presents Rs170bn tax measures Blames previous government and last year’s devastating floods for the current economic situation Updated 16 Feb, 2023 09:00am
Print POL products’ prices jacked up ISLAMABAD: The federal government Wednesday increased the prices of petroleum products up to 8.8 percent with effect... Updated 16 Feb, 2023 08:57am
Editorials A further decline in remittances EDITORIAL: Remittances declined to under 1.89 billion dollars in January 2023, thereby registering a continuous... Published 16 Feb, 2023 06:08am
Markets Rupee continues winning momentum against US dollar Currency settles at 265.38 in inter-bank market after 0.74% appreciation Updated 15 Feb, 2023 07:47pm
Print SBP takes steps aimed at timely realisation of export proceeds Has decided to initiate necessary action in all those cases where full export proceeds are not realized within prescribed time period as defined Foreign Exchange Manual Updated 15 Feb, 2023 12:34pm
Print Fitch further downgrades long-term foreign currency IDR to ‘CCC-’ ISLAMABAD: Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC-”,... Updated 15 Feb, 2023 09:04am
Print Solar power projects: Nepra approves RfP amid strong reservations voiced by KP Member ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved Request for Proposal (RfP) ... Updated 15 Feb, 2023 09:04am
Markets Rupee makes significant strides against US dollar Currency settles at 267.34 in inter-bank market after 0.79% appreciation Updated 14 Feb, 2023 07:10pm
Business & Finance IMC profit after tax declines by 74.3pc in Q2 KARACHI: Indus Motor Company Limited (IMC) announced its financial results for the second quarter ended December 31,... Published 14 Feb, 2023 07:18am
Editorials Time is of the essence EDITORIAL: The International Monetary Fund (IMF) submitted the Memorandum of Economic and Finance Policies (MEFP) to... Published 14 Feb, 2023 05:58am
Opinion Budgetary outcome in 1HFY23 The information on fiscal operations from July to December 2022 of the federal and the provincial governments has... Published 14 Feb, 2023 05:58am
Opinion After the IMF tranche On December 16, 2021 at a Hamdard University seminar where Dr Miftah Ismail was another speaker, I had said that... Updated 14 Feb, 2023 01:05pm
Business & Finance Foreign exchange reserves: Tola underscores need for ‘charter of economy’ LAHORE: Minister of State and Chairman, Reforms and Resource Mobilization Committee Ashfaq Tola has said that the... Published 14 Feb, 2023 05:58am
Print Monthly remittances slip below $2bn KARACHI: Monthly inflows of home remittances reached below the $2 billion mark in January 2023 for the first time in... Updated 14 Feb, 2023 09:06am
Print IMF, govt look to reach deal ISLAMABAD: Talks between the International Monetary Fund and Pakistan will resume virtually on Monday, a Pakistani... Updated 14 Feb, 2023 09:04am
Markets Rupee registers marginal dip against US dollar Currency settles at 269.44 in inter-bank market after 0.06% depreciation Updated 13 Feb, 2023 06:11pm
Opinion Does Pakistan need domestic debt restructuring? There is growing consensus over the need for debt restructuring within the policymaking community. However, many... Published 13 Feb, 2023 06:03am
