The great fall continues: Rupee closes near 240 against US dollar Govt admits inability to intervene in foreign exchange market Updated 28 Jul, 2022 06:40pm
Opinion Is sovereign default inevitable? – IV In this part of the multi-part series of articles I will describe underlying current of inflows and outflows of USD... Updated 28 Jul, 2022 10:51am
Pakistan Imran demands early elections under new election commissioner ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman and former prime minister Imran Khan on Wednesday reiterated that... Published 28 Jul, 2022 04:41am
Pakistan Planning minister advocates national consensus to achieve development goals ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal on Wednesday, while calling for evolving a ... Published 28 Jul, 2022 04:41am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 28 Jul, 2022 04:41am
Print Piqued by SC verdict, PM hits out at judiciary Accuses top court of maintaining 'double standards' against government Updated 28 Jul, 2022 09:32am
Print SOEs’ sell-off: Govt needs to come up with better law: Miftah Criticises current privatization law for not allowing privatization of entities that are in pipeline Updated 28 Jul, 2022 10:00am
Editorials The change in Punjab EDITORIAL: In its keenly awaited decision announced late Tuesday evening on the runoff election for Punjab chief... Published 28 Jul, 2022 04:41am
Editorials Growing uncertainty must be addressed EDITORIAL: Federal Finance Minister Miftah Ismail has yet again contended that the rupee will stabilise vis-a-vis ... Published 28 Jul, 2022 04:41am
Print PKR slide: govt feels so helpless because there’s IMF condition Political uncertainty has been taking toll on local currency Updated 28 Jul, 2022 11:21am
Markets KSE-100 inches up 0.2% Uncertain economic conditions kept investors at bay with the benchmark KSE-100 Index witnessing a volatile trading... Published 27 Jul, 2022 07:09pm
Markets Sri Lankan shares end flat, investors await bailout package Sri Lankan shares ended mostly unchanged on Wednesday, as investors awaited developments over a bailout package for... Published 27 Jul, 2022 06:07pm
Pakistan Govt to lift ban on certain imports in coming days: Miftah Ismail Finance minister says petroleum levy will be increased in a phased manner Updated 27 Jul, 2022 07:15pm
Business & Finance Ukraine aims for $15-20bn IMF loan by year-end LONDON: Ukraine aims to strike a deal for a $15-$20 billion programme with the International Monetary Fund before... Published 27 Jul, 2022 01:11pm
Pakistan Moody's, Fitch expect Pakistan to secure $1.2bn IMF bailout package Fitch, however, cautions Pakistan’s ability to complete the current programme and maintain a credible policy path that supports further financing remains highly uncertain Updated 27 Jul, 2022 03:38pm
Markets Bangladesh seeking IMF loan but economy not in trouble: finance minister DHAKA: Bangladesh has asked the International Monetary Fund (IMF) to start negotiations for a loan, the finance... Published 27 Jul, 2022 11:33am
Markets New historic low: Rupee plummets further, closes at 236.02 against US dollar Pressure on currency due to number of factors including concerns over balance-of-payments, political uncertainty Updated 27 Jul, 2022 09:21pm
BR Research Finding the ideal central banker The government is in the process of finalizing the appointment of SBP Governor, a position that has now been vacant... Updated 27 Jul, 2022 11:14am
Business & Finance Bangladesh seeks IMF support to head off financial crisis DHAKA: Bangladesh has asked the International Monetary Fund for support in riding out a financial shock triggered by... Published 27 Jul, 2022 06:43am
Opinion Will low oil prices sustain? New price of gasoline is 230.24 Rs/liter (7.44% decrease) and diesel’s is 236 Rs/L (14.66% decrease). Gasoline’s... Published 27 Jul, 2022 05:23am
Opinion Forex market turmoil and possibility of default On 18th July 22, the country witnessed an unprecedented turmoil in the forex market. Dashing all expectations of... Published 27 Jul, 2022 05:23am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 27 Jul, 2022 05:23am
Print Power supply to export sectors at low rates: More funding contingent on IMF’s consent, ECC told Energy Ministry seeks views of Finance Division on proposal for providing electricity at 9 cents per kWh Updated 27 Jul, 2022 09:50am
Print IMF cuts global growth forecasts WASHINGTON: The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside ... Published 27 Jul, 2022 05:23am
Markets Wall Street falls as Walmart warning rattles retail sector U.S. stock indexes fell on Tuesday after Walmart's profit warning heightened fears in the retail sector that... Published 26 Jul, 2022 11:09pm
World US has ‘very narrow path’ to avoid recession: IMF WASHINGTON: The United States has only a slim chance of avoiding an economic downturn given the many risks it faces,... Published 26 Jul, 2022 08:12pm
World IMF cuts global growth outlook amid US, China slowdowns WASHINGTON: Surging inflation and severe slowdowns in the United States and China prompted the IMF to downgrade its... Published 26 Jul, 2022 06:32pm
World Russia doing better than expected despite sanctions: IMF WASHINGTON: Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia’s... Published 26 Jul, 2022 06:28pm
Markets Bangladesh seeks $4.5bn IMF loan as foreign reserves shrink DHAKA: Bangladesh has sought a $4.5 billion loan from the International Monetary Fund, the Daily Star newspaper... Published 26 Jul, 2022 02:38pm
Markets New historic low: Rupee closes near 233 against US dollar as concerns increase Currency has depreciated 10% in the past 8 trading sessions Updated 26 Jul, 2022 06:19pm