India’s March qtr GDP growth at one-year low as prices hit consumers NEW DELHI: India’s economic growth slowed to the lowest in a year in the first three months of 2022, hit by... Published 01 Jun, 2022 05:53am
World India growth slows on inflation, higher oil prices NEW DELHI: India’s growth slowed further in the first three months of 2022, the National Statistics Office said... Published 31 May, 2022 05:33pm
Business & Finance ‘Efforts needed to save vulnerable economies from bankruptcy’ FAISALABAD: Global economy is in the grip of multidimensional problems and sustained efforts are required to avert... Published 30 May, 2022 05:53am
Markets Qatar central bank governor expects GDP growth of 3.5% in 2022 DOHA: Qatar’s gross domestic product (GDP) should grow 3.5% in 2022, Central Bank Governor Sheikh Bandar bin... Published 29 May, 2022 01:03pm
Print MoF lists macroeconomic imbalances: Higher growth may not be sustainable Ministry of Finance says primary contributors to increasing inflation are surge in international commodity prices and massive exchange rate depreciation Updated 29 May, 2022 04:06pm
Print FBR eyes new taxation steps with a view to achieving Rs7,255bn target ISLAMABAD: The Federal Board of Revenue (FBR) will propose new taxation measures of over Rs 300-350 billion to... Updated 23 May, 2022 10:02am
Opinion Withering national unity? The industrial sector is the backbone of economic progress. It works as a major source of employment and its growth... Published 20 May, 2022 05:42am
Pakistan Foreign interference halted economic improvement: Asad Umar PTI leader says elections are best way forward to resume growth, end political crisis Updated 19 May, 2022 07:01pm
Print Chief economist PC Dr Zubair resigns ISLAMABAD: Dr Muhammad Ahmed Zubair has resigned as chief economist Planning Commission but stated that he is not... Updated 19 May, 2022 09:38am
Business & Finance Japan 1st-quarter GDP shrank as Omicron wave hit TOKYO: Japan’s economy shrank slightly in the first quarter of 2022, official data showed Wednesday, hit by Covid-19... Published 18 May, 2022 09:47am
Business & Finance UK economic growth slows in first quarter LONDON: Britain’s economy grew at a slower pace in the first quarter compared with the final three months of last... Published 12 May, 2022 01:07pm
Print Country likely to miss 3.5pc agri growth target ISLAMABAD: The country is likely to miss the agriculture growth target of 3.5 percent set for 2021-22, after missing... Updated 12 May, 2022 09:56am
Opinion Burgeoning fiscal deficit The information on fiscal operations during the first three quarters of 2021-22 has been released recently by the... Published 10 May, 2022 05:10am
Opinion Economy: PTI govt versus PML-N govt The latest data released by the State Bank of Pakistan (SBP) on the balance of payments showcases the significant... Updated 02 May, 2022 06:14am
Opinion Daunting challenges for new govt Pakistan at the moment is going through chronic political and economic turmoil. The most critical elements of the... Published 29 Apr, 2022 05:43am
Opinion Economy: govt stumbling badly The Pakistan Democratic Movement (PDM) government is stumbling badly on managing the economy. Their first month in... Published 29 Apr, 2022 05:43am
Business & Finance US economy sees surprise Q1 contraction despite solid spending WASHINGTON: The US economy shrank in the first quarter of 2022 as the Omicron variant of the coronavirus hampered... Published 29 Apr, 2022 05:43am
World China’s Xi urges ‘all-out’ infrastructure push to boost growth BEIJING: China’s Xi Jinping has called for an “all-out” campaign to build infrastructure, according to state media,... Published 27 Apr, 2022 02:19pm
Print Nine months: fiscal deficit stands at 4pc of GDP ISLAMABAD: The country’s overall fiscal deficit during the first three quarters of the current fiscal year –... Updated 27 Apr, 2022 10:44am
Opinion Moving forward Political uncertainty comes at a time when the macro numbers are beginning to deteriorate. This could pose serious... Published 26 Apr, 2022 05:20am
Opinion Pakistan: economic focus The international financial institution — World Bank (WB) — which is an influential source of funding as well as... Published 21 Apr, 2022 05:26am
Pakistan Govt may try to liquidate unbudgeted circular debt to discredit PTI: Shaukat Tarin Comments come as both PTI and PML-N leaders continue to trade barbs on state of Pakistan economy Published 20 Apr, 2022 05:55pm
Business & Finance WTO warns against dividing world economy over war in Ukraine GENEVA: The WTO warned Tuesday that Russia’s war in Ukraine had darkened the prospects for world trade as it... Published 13 Apr, 2022 06:03am
Editorials The emergent task at hand EDITORIAL: The state of the economy today necessitates a set of policy reversals as well as reforms on an emergent... Published 12 Apr, 2022 05:17am
Business & Finance Moody’s maintains ‘stable outlook’ for Pakistan’s banking sector Expects real GDP growth of between 3% and 4% for fiscal 2022 and between 4% and 5% for fiscal 2023 Updated 11 Apr, 2022 08:04pm
World World Bank warns of bleak economic outlook for Ukraine, region WASHINGTON: The World Bank issued dire forecasts for Ukraine as Russia's invasion impacts both the country and its... Published 11 Apr, 2022 01:42am
Opinion Rising economic difficulties At present Pakistan is facing grim crises. Regardless of the Supreme Court’s decision, the real question is ... Published 08 Apr, 2022 05:28am
Perspectives Economy on the back-burner: some difficult decisions needed The ongoing political turmoil in Pakistan only added to the woes of an already battered economy, which is faced with... Published 08 Apr, 2022 03:58am
Print Inflation likely to pick up: FY22 growth rate projected to slow to 4pc YoY ISLAMABAD: Pakistan’s GDP growth rate is projected to slow to four percent in fiscal year 2022 from 5.6 percent in... Published 07 Apr, 2022 05:15am
Business & Finance Italy Q4 2021 budget deficit narrows y/y to 3.0% of GDP, full year confirmed at 7.2% ROME: Italy’s public budget deficit narrowed in the fourth quarter of last year to 3.0% of gross domestic product,... Published 05 Apr, 2022 01:22pm