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Coronavirus
HIGH Source: covid.gov.pk
Pakistan Deaths
27,638
4124hr
Pakistan Cases
1,241,825
1,40024hr
3.17% positivity
Sindh
456,343
Punjab
429,655
Balochistan
32,875
Islamabad
105,217
KPK
173,353

IMF

Opinion

The upcoming budget

The federal cabinet has undergone a major change hardly eight weeks prior to the presentation of the national budget...
Published 03 Apr, 2021 03:41am
ECC allows Sugar, Cotton import from India
Business & Finance

ECC allows Sugar, Cotton import from India

  • He said that the private sector could import up to 500,000 metric tons of sugar from India.
  • Hammad Azhar said that they have decided to reduce the prices of petrol and diesel by Rs 1. 50 and Rs 3 per litre, respectively.
  • On the proposal of the Ministry of Commerce, the ECC has decided to allow cotton import from India as well, which will benefit our SMEs, said Azhar.
Updated 31 Mar, 2021 05:08pm
$499m IMF tranche received
Print

$499m IMF tranche received

KARACHI: Pakistan on Tuesday night received around $500 million from International Monetary Fund (IMF) as a loan...
Published 31 Mar, 2021 05:42am
IMF hikes Italian growth forecast, urges tax reform
World

IMF hikes Italian growth forecast, urges tax reform

  • The IMF said its new projection, made in a report following an annual visit to Italy, was dependent on COVID-19 vaccinations being well advanced by late summer and continued economic support measures.
  • The Fund gave no clear explanation for the sharp upward revision of its forecast, which it warned was surrounded by "considerable uncertainty".
Published 30 Mar, 2021 08:56pm
Dollar drops to two-year low against Pakistani Rupee
Markets

Dollar drops to two-year low against Pakistani Rupee

  • After a high of Rs 168.43 on August 20, the dollar has depreciated by Rs 15.23 so far.
  • As per local media reports, the trading session of the second day of the business week today, the dollar lost 95 paise in the interbank market as the dollar dropped to Rs 153.20 at closing.
Updated 30 Mar, 2021 04:01pm