World Bank delays approval of $1.1bn loans for Pakistan ISLAMABAD: The World Bank has delayed the approval of two loans for Pakistan worth $1.1 billion until the next... Updated 19 Jan, 2023 12:24pm
Print Dollar manipulation: SBP concludes probe KARACHI: The State Bank of Pakistan (SBP) has completed the investigation against private banks allegedly involved... Updated 19 Jan, 2023 11:19am
Business & Finance UAE has rolled over $2bn loan: SBP governor KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said that the UAE has rolled over $2... Updated 19 Jan, 2023 07:41am
Markets Current account deficit recorded at $0.4 billion in Dec 2022: SBP Deficit for 6MFY23 stands at $3.67 billion, compared with $9.09 billion in the same period of the previous year Published 18 Jan, 2023 09:23pm
Business & Finance Karachi’s business community comes down hard on SBP governor Demands resolution of LC crisis in meeting with central bank chief at KCCI Updated 18 Jan, 2023 07:57pm
Business & Finance Pasha warns of stagflation this year LAHORE: Noted economist and former finance minister Dr Hafiz Pasha has warned that Pakistan inflation can skyrocket... Published 18 Jan, 2023 06:22am
Print PKR declines in all the five sessions KARACHI: The rupee depreciated in all 5 sessions against the US dollar during the previous week, falling 0.44% to... Published 16 Jan, 2023 06:18am
Business & Finance Reforms, not aid pledges, needed for improving economy: BMP LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) said on Sunday that... Published 16 Jan, 2023 06:18am
Markets 18th straight loss: rupee falls marginally against US dollar Currency loses Re0.01 to close at 228.15 in inter-bank market Updated 13 Jan, 2023 09:02pm
Business & Finance Issues related to foreign exchange to be addressed soon: SBP governor KARACHI: Governor of State Bank of Pakistan (SBP) Jameel Ahmad has assured the business community of resolving the... Updated 13 Jan, 2023 10:55am
Opinion Road to self-sustainability During the last few decades, global economies have been facing tough challenges. The recent spell started in March... Updated 13 Jan, 2023 07:28am
Print Crisis of shortage of raw material in industries intensifies KARACHI: The crisis of shortage of raw materials has further intensified in industries across the country due to... Updated 13 Jan, 2023 08:51am
Print Kuwait Petroleum Corporation dues: PSO asks PD to provide $220m payment ISLAMABAD: Pakistan State Oil (PSO) on Thursday asked the Petroleum Division for a payment of $220 million to Kuwait... Updated 13 Jan, 2023 08:54am
Business & Finance PHMA calls for PM’s intervention over SBP’s restrictions LAHORE: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has lamented that the import restriction ... Published 13 Jan, 2023 06:05am
Markets SBP-held foreign exchange reserves plunge another $1.23 bn, now stand at $4.3bn Lowest level of central bank reserves since February 2014 when they stood at $3.92bn Published 12 Jan, 2023 08:32pm
Print Budgetary targets: Govt to take fiscal measures set by IMF: Dar ISLAMABAD: Finance Minister Ishaq Dar said Monday that a discussion with the International Monetary Fund (IMF) in... Updated 12 Jan, 2023 09:50pm
Editorials Foreign inflows EDITORIAL: State news agency of Kingdom of Saudi Arabia (KSA) has reported that the KSA government could increase ... Published 12 Jan, 2023 05:51am
Opinion FDI: disastrous policies This writer has been writing following in response to the news that the Government of Pakistan is considering... Published 11 Jan, 2023 06:33am
Print Steel prices surge to all-time high level KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw... Updated 11 Jan, 2023 10:24am
Print World Bank projects 2pc growth ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at two percent in the fiscal year 2022-23, half... Published 11 Jan, 2023 05:53am
Opinion Galloping inflation Pakistan today is experiencing high and rising rate of inflation. This is the highest inflation after 1973-74 and... Published 10 Jan, 2023 06:00am
Opinion Pakistan’s deepening crisis Pakistan’s crisis is deepening by the day. First and foremost, it’s the economy stupid! Pakistan has throughout its... Updated 10 Jan, 2023 06:47am
Opinion Faltering exports The textile exports are faltering since July 2022. They have been growing rapidly for the previous two years, but we... Updated 10 Jan, 2023 06:51am
Business & Finance Market expects Geneva pledges to help ease pressure on foreign exchange reserves KARACHI: With some $10 billion commitments in the Geneva Conference, the default risk has further reduced and the... Updated 10 Jan, 2023 09:59am
Print Pakistan may dodge default in next 6 months: Bloomberg ISLAMABAD: Pakistan is likely to dodge default in the next six months, but its troubles are not over, stated... Updated 10 Jan, 2023 08:54am
Print Demands for reforms: PM asks IMF for a pause GENEVA: Prime Minister Shehbaz Sharif on Monday asked the IMF for a pause in its demands for economic reforms before... Updated 10 Jan, 2023 08:55am
Editorials Expenditure must be curtailed EDITORIAL: The government is in the throes of an acute dollar and rupee shortage (attributable to lack of fiscal... Updated 10 Jan, 2023 06:42am
Markets PKR declines 0.31pc KARACHI: The rupee depreciated 0.31% against the US dollar in the inter-bank market, according to the State Bank of... Updated 09 Jan, 2023 08:47am
Business & Finance Economy is in dire straits, warns BMP LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) has warned that... Updated 09 Jan, 2023 06:21am
Markets 13th straight loss: rupee records marginal depreciation against US dollar Currency down Re0.02 to close at 227.14 against dollar Updated 06 Jan, 2023 07:32pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?