Lucky Cement announces consolidated earnings of Rs6.9bn for Q1 KARACHI: On a consolidated basis, the Lucky Cement Limited has reported a profit after tax of Rs6.9 billion for Q1... Published 28 Oct, 2022 05:58am
Business & Finance ‘Top brass must put national priorities in order’: PKR freefall and high inflation jeopardize our future: KCCI chief KARACHI: Karachi Chamber of Commerce & Industry (KCCI) President Muhammad Idrees, while highlighting the impact... Published 23 Sep, 2022 05:50am
Markets SBP-held foreign exchange reserves decline $278mn to $8.35bn Central bank says decrease due to external debt repayments Published 22 Sep, 2022 08:15pm
Pakistan Foreign aid for flood victims to help stabilise PKR: Ahsan ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Sunday said that the foreign ... Published 19 Sep, 2022 07:04am
Pakistan FIA tasked to look into PKR devaluation ISLAMABAD: In order to stop the continuous devaluation of Pakistani rupee, the government has given a task to the... Published 19 Sep, 2022 06:17am
Pakistan Indus Motor Company announces temporary shutdown of plant from Aug 1 Company says insufficient inventory levels to maintain further production forcing it towards temporary production shutdown Plant to stay closed till August 13, 2022 Updated 29 Jul, 2022 11:52am
Editorials Miftah’s insistence EDITORIAL: Finance Minister Miftah Ismail has refuted reports that the International Monetary Fund (IMF) programme ... Published 06 Jul, 2022 05:35am
Opinion Overcoming economic woes Governments around the world try to fulfil the responsibility of creating an environment where the state generates... Published 01 Jul, 2022 06:13am
Business & Finance HCCI urges SBP to come up with clear policy on dollar’s availability HYDERABAD: President Hyderabad Chamber of Commerce and Industry Adeel Siddiqui has expressed concern over US... Published 21 Jun, 2022 06:58am
Print Gas sector circular debt nearly doubled in 3 years ISLAMABAD: Over the past three years, the stock of circular debt in gas sector has nearly doubled to Rs 650 billion... Updated 10 Jun, 2022 09:21am
Markets The woeful PKR slide KARACHI: Marred by political and economic uncertainty, the Pakistani rupee during the outgoing week declined 3.95%... Published 23 May, 2022 06:15am
Business & Finance Ban on luxury items: Business community doubtful about outcomes KARACHI: The leadership of Businessmen Group (BMG), while referring to FBR’s recommendations to impose ban on... Published 20 May, 2022 05:15am
Business & Finance LCCI concerned at PKR slide LAHORE: The Lahore Chamber of Commerce and Industry Saturday feared that the economy would further slip down owing... Published 15 May, 2022 06:43am
Print Imran raises alarm over state of economy ISLAMABAD: Former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Friday raised alarm over... Updated 14 May, 2022 09:52am
Business & Finance Political unrest cuts off domestic, foreign investment: Kati chief KARACHI: Korangi Association of Trade and Industry (KATI) President Salman Aslam Wednesday said Pakistan is going... Published 07 Apr, 2022 05:15am
Opinion Time to take charge The petrochemical sector can help us achieve import substitution, promote export-led growth and join the ranks of industrialized nations Updated 13 Mar, 2022 10:56am
Print Pakistan can ride out rising external account pressures: Baqir ISLAMABAD: Central bank chief Dr Reza Baqir believes the country has the capacity and financial cushion to ride out... Published 12 Jan, 2022 04:25am
Editorials Economy: rupee slide symptom of infirmity EDITORIAL: The Pakistani rupee fell from 152 rupees to the dollar in May 2021, the rate used for budget projections,... Published 11 Jan, 2022 06:33am
Markets Against USD: Pakistan's rupee weakens to record level Closes at 177.43 in the inter-bank market on Wednesday Published 08 Dec, 2021 06:36pm
Markets PKR under pressure KARACHI: Pakistan rupee remained under pressure during last week primarily due to uncertainty around IMF Extended... Published 15 Nov, 2021 04:55am
Editorials Woeful rupee slide EDITORIAL: A complicating factor in checking the continuing erosion of the Pakistani rupee, besides the inordinate... Updated 15 Nov, 2021 09:54am
Print World Bank says inflation in Pakistan to edge up in FY22 Officials say the government has to sort out circular debt and extend subsidy only to low income groups Updated 29 Oct, 2021 02:00pm
Markets PKR ends on positive note KARACHI: PKR started last week in the negative but took a breather mid week and ended on a positive note against USD... Published 11 Oct, 2021 04:32am
Opinion USD-PKR parity—I Noted rating agency recently predicted that USD/ Rupee parity will reach around Rs 180 to USD 1 by next year. Their... Published 07 Oct, 2021 04:25am
Print Fitch Ratings revises PKR forecasts downwards ISLAMABAD: Fitch Ratings has revised downward its forecasts for the Pakistani rupee, ie, from Rs165 to Rs180 for ... Published 01 Oct, 2021 03:11am
Markets Fitch expects Pakistani rupee to weaken further in 2022 ISLAMABAD: Fitch Ratings revised down its forecasts for the Pakistani rupee on Thursday for both this year and next... Updated 30 Sep, 2021 01:47pm
Print FBR lifts GST on import of fresh fruits from Afghanistan ISLAMABAD: The Federal Board of Revenue (FBR) Saturday lifted sales tax on the import of fresh fruits from... Updated 26 Sep, 2021 12:13pm
Markets Rupee breaks losing streak, gains 0.56% against the US dollar Closes at 168.18 in inter-bank market Published 16 Sep, 2021 03:42pm
Print PKR at record low due to flight of dollars to Afghanistan KARACHI: PKR dropped to a record low on Wednesday to close at 169.12 against the US dollar, a depreciation that some... Updated 16 Sep, 2021 09:22am
Pakistan PML-N, ANP leaders concerned at 'historical' depreciation of PKR ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif and Awami National Party (ANP)... Published 15 Sep, 2021 04:20am