Relief package on electricity likely to stay ISLAMABAD: The government has reportedly decided to continue PM’s relief package of Rs 5 per unit for electricity... Updated 28 May, 2022 10:21am
Print Targeted fuel subsidies: Govt may make allocations in FY23 budget ISLAMABAD: The government may make a budgetary allocation in the federal budget for the financial year 2022-23 for... Updated 28 May, 2022 10:01am
Print PM takes step to ‘insulate’ the poor from price hike Rs28bn monthly package announced to provide relief to 14m families Utility Stores asked to set the price of 10kg sack of wheat flour at Rs400 PTI govt censured for not raising POL products’ prices ‘Diplomatic rebuilding process has begun’ Updated 28 May, 2022 09:56am
World IMF secures $40 billion so far for new sustainability trust LONDON/NEW YORK: The International Monetary Fund (IMF) has received $40 billion in pledges for its new Resilience... Published 27 May, 2022 08:22pm
Business & Finance Musadik dismisses PTI claims that previous govt was looking to buy oil from Russia Says poverty-stricken masses will be safeguarded from recent petroleum price hike through a procedure which will be announced soon by PM Shehbaz Sharif Published 27 May, 2022 05:08pm
Business & Finance PBC proposes targeted fuel subsidy, reduction in work week Says phasing out of general fuel subsidy should be accompanied with targeted subsidy for most deserving Published 27 May, 2022 02:35pm
Business & Finance Govt jacks up flour rates at utility stores The move could further fuel inflation Updated 27 May, 2022 03:31pm
Markets After a 16-session losing streak, rupee gains in spectacular fashion Closes at 199.76 against the US dollar after 1.13% gain on Friday Currency's gain comes on back of positive market sentiment after govt jacked up fuel prices and moved a step closer to reviving IMF programme Updated 27 May, 2022 09:29pm
Markets Intra-day gains clipped: KSE-100 ends 0.75% higher Profit-taking kicks in during the second half, index sees over half its intra-day gains erased Updated 27 May, 2022 06:24pm
BR Research Fuel pricing: stop wasting time The question is why the successive governments are too fixated on the petroleum prices. The question is why this has... Published 27 May, 2022 08:20am
Pakistan Politics of Imran ‘finished’, says Maryam LAHORE: Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz said on Thursday that politics of Imran ... Published 27 May, 2022 05:50am
Pakistan Govt will complete its term: Marriyum ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Thursday said that the government will... Published 27 May, 2022 05:50am
Opinion History of interest rates in Pakistan The State Bank of Pakistan’s (SBP’s) monetary policy is normally a hot topic amongst the investment community ... Updated 27 May, 2022 10:39am
Opinion This procrastination is extremely dangerous Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has said that previous government... Published 27 May, 2022 05:50am
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 May, 2022 05:50am
Print POL products’ prices hiked by Rs30 per litre ISLAMABAD: The government has announced to increase petroleum products’ prices by Rs30 per litre from Thursday ... Updated 27 May, 2022 09:54am
Print Miftah advocates tight monetary policy ISLAMABAD: The government remains committed to reviving the IMF programme and put Pakistan back on a sustainable... Updated 27 May, 2022 10:04am
Print POL products: Govt yet to project PL and GST rates for FY23 ISLAMABAD: The government has yet to project petroleum levy (PL) and general sales tax (GST) on petroleum products... Updated 27 May, 2022 09:55am
Business & Finance IMF to release $900m when govt removes fuel price caps KARACHI: Pakistan and the IMF have worked out the outlines for the release of over $900 million in funds that would... Updated 27 May, 2022 06:18am
Editorials TSA: A step in the right direction EDITORIAL: Earlier this week, a Business Recorder exclusive news report said that the ministry of finance has barred... Published 27 May, 2022 05:50am
World IMF says Sri Lanka aid contingent on debt sustainability WASHINGTON: The IMF said Thursday it is committed to helping crisis-battered Sri Lanka, but any aid program will be... Published 26 May, 2022 08:30pm
Markets KSE-100 gains 1.26% even as IMF programme remains stalled Market sentiment turns positive after PTI decides to call off long march Updated 26 May, 2022 05:40pm
Markets Against USD: Rupee recovers from intra-day low, closes marginally weaker at 202.01 This is the currency's 16th successive fall in the inter-bank market Updated 26 May, 2022 06:23pm
Pakistan Govt committed to reviving IMF programme, says Miftah after talks end Finance minister says IMF team emphasised the importance of rolling back fuel and power subsidies Published 26 May, 2022 10:46am
Business & Finance Bilawal says $6bn IMF deal is ‘outdated’ DAVOS: An ongoing bailout deal between Pakistan and the International Monetary Fund (IMF) is “outdated” given a... Published 26 May, 2022 06:24am
Pakistan PML-N leader demands ban on PTI: Maryam taunts Imran for failing to gather two million protesters LAHORE: Pakistan Muslim League-Nawaz (PML-N) vice-president Maryam Nawaz said on Wednesday that the people of Punjab... Published 26 May, 2022 05:26am
Opinion Circling the drain The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) couldn’t be serious that the “business,... Published 26 May, 2022 05:26am
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 26 May, 2022 05:26am
Print Stalled IMF programme: Govt fails to successfully persuade IMF ISLAMABAD: The talks between Pakistan and the International Monetary Fund (IMF) for the 7th review under the $6... Updated 26 May, 2022 10:02am
Editorials The IMF shock amid royal benevolence EDITORIAL: Saudi Arabia’s Minister of Finance Mohammad al-Jadaan, on the sidelines of World Economic Forum being... Published 26 May, 2022 05:26am