Q4FY23: Punjab debt soars Rs55.3bn due to PKR depreciation LAHORE: The Punjab government’s total debt, local and external, has witnessed a jump of Rs 55.3 billion in the last... Updated 19 Aug, 2023 03:23pm
Markets SBP-held foreign exchange reserves fall $110mn, now stand at $8.04bn Reserves held by central bank decrease for third straight week Updated 10 Aug, 2023 08:31pm
Markets SBP-held foreign exchange reserves fall $32mn, now stand at $8.15bn Reserves decrease on account of debt repayments Published 03 Aug, 2023 07:35pm
Print Pakistan’s imports of Russian crude face port, refinery, currency constraints KARACHI: Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite... Updated 01 Aug, 2023 08:56am
Markets SBP-held foreign exchange reserves fall $541mn, stand at $8.19bn Reserves fall on weekly basis due to due to external debt repayments, says central bank Updated 27 Jul, 2023 10:49pm
Opinion Reducing rising electricity tariff?—II LIBOR has gone up; thus a case for reduction of this margin suitably. Second solution is increase in the repayment... Updated 26 Jul, 2023 06:38am
Business & Finance Sanitary wares: PCMA chief speaks about export potential LAHORE: Pakistan has the potential of earning a foreign exchange of 10 to 15 million dollars per month only by... Published 24 Jul, 2023 06:11am
Print Incentives, innovative services: Remittance inflows from GCC states may soar to $20bn: experts KARACHI: The remittance inflows can be increased by more than $5 billion to $20 billion to Pakistan through the... Updated 21 Jul, 2023 09:25am
Markets As expected, SBP-held foreign exchange reserves increase $4.2bn, now stand at $8.73bn Total liquid foreign reserves now stand at $14.07 billion Updated 20 Jul, 2023 09:35pm
Print LoI to IMF: govt pledges fiscal discipline Says it will restrain non-priority spending including through energy sector measures aimed at credibly containing energy sector subsidies, the public wage bill, and pensions Updated 19 Jul, 2023 09:56am
Business & Finance FBR amends export facilitation scheme-2021 ISLAMABAD: The exporters would now be required to submit details of the export performance for the last 2-3 years... Published 15 Jul, 2023 06:08am
Print C-5 project: PAEC’s point of view ISLAMABAD: This is apropos a news report “$5bn Chashma-5 N-Plant to produce power at Rs 20 per unit: Country has... Updated 14 Jul, 2023 10:02am
Print Imported fuel for power generation: Nepra blames forex scarcity for load-shedding Nepra Chairman Tauseef H Farooqi says 63 percent of generation is based on imported fuels Updated 05 Jul, 2023 11:22am
Print Oil import on foreign supplier’s account: OCAC requests govt to convene meeting of stakeholders ISLAMABAD: While raising questions on approval of policy guidelines regarding import of oil on foreign supplier’s... Updated 28 Jun, 2023 09:01am
Business & Finance ‘Plan B’: Govt urged to take nation into confidence KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 26 Jun, 2023 07:56am
Pakistan Sindh CS says land allocated for IT varsity KARACHI: Sindh Chief Secretary Dr Sohail Rajput has said that the government is going to establish an Information... Published 23 Jun, 2023 06:00am
Print APTMA seeks resumption of RCET scheme ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sought resumption of gas and electricity at... Updated 22 Jun, 2023 08:53am
Business & Finance KATI chief for special incentives to enhance exports KARACHI: Faraz-ur-Rehman, President of the Korangi Association of Trade and Industry (KATI), has urged the ... Published 22 Jun, 2023 05:45am
Print PM lays focus on solar energy imperative Reviews process of formulation of policy regarding alternative sources of energy especially solar Updated 18 Jun, 2023 09:52am
Print Only shares being sold: Shell not winding up its operations: Dar ISLAMABAD: Finance Minister Ishaq Dar Saturday said Shell Petroleum is not winding up its operations in Pakistan,... Updated 18 Jun, 2023 09:58am
Opinion The cost of anti-export bias Our country in general and our bureaucracy in particular have a strange bias against exports and a particular... Published 13 Jun, 2023 06:00am
Markets Alarming: SBP-held foreign exchange reserves fall another $179mn, now stand at $3.91bn Fall comes due to external debt repayments Updated 08 Jun, 2023 11:50pm
Opinion ‘Learning From Others’—V Power Sector: Power sector was the major negative influence on India’s economy as well. The problems and ... Published 28 May, 2023 03:34am
Print Expo inaugurated: PM stresses criticality of innovations in textiles to boost export KARACHI: Prime Minister Shehbaz Sharif Friday asked exporters to bring innovations in textile industry for export... Updated 27 May, 2023 08:48am
Opinion Mapping the economics of imported coal-fired power plants Nepra (National Electric Power Regulatory Authority) has rejected the power generation tariff petition of Jamshoro... Updated 24 May, 2023 07:02am
Business & Finance Budget proposals: KCCI for adopting ‘novel’ approaches to economic challenge KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) firmly believes that that out-of-the-box solutions... Published 24 May, 2023 05:57am
Business & Finance GTR incurred Rs331m losses in last quarter: MD KARACHI: Managing Director Hussain Kuli Khan said that GTR incurred losses in the last quarter due to factors that... Published 24 May, 2023 05:57am
Business & Finance SBP cancels license of forex firm KARACHI: The State Bank of Pakistan (SBP) on Wednesday cancelled the authorization/ license of M/s. Noble Exchange... Published 18 May, 2023 06:10am
Opinion Thar coal mine expansion SECMC (Sindh Engro Coal Mining Company) has filed a tariff petition for expanding its capacity. This is a third... Published 17 May, 2023 06:22am
Print Second consecutive month: Pakistan posts $18m current account surplus in April KARACHI: For the second consecutive month, Pakistan has posted a current account surplus in April 2023 mainly due to... Updated 17 May, 2023 09:52am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?