Banks warned against exchange rate speculations KARACHI: The State Bank of Pakistan (SBP) has taken strict notice of the volatile exchange rate and warned banks to... Updated 19 Nov, 2021 10:09am
Markets KSE-100 manages to sustain 46,000-point level PSX's benchmark index sheds 84 points on Thursday Published 18 Nov, 2021 06:47pm
Markets SBP-held foreign exchange reserves fall $381 million Central bank does not give reason for decrease, total reserves held by SBP now stand at $16.945 billion Updated 18 Nov, 2021 08:59pm
Markets Appreciation run ends: Pakistan's rupee falls against US dollar Closes at 174.67 in inter-bank market on Thursday Updated 18 Nov, 2021 06:58pm
Pakistan Bill and Melinda Gates Foundation: E-Processing Systems BV receives investment KARACHI: Systems Limited has announced that its subsidiary E-Processing Systems B.V. has received an investment from... Published 18 Nov, 2021 03:58am
Pakistan Joint opposition vows to challenge ‘controversial’ bills in SC ISLAMABAD: The joint opposition, Wednesday, vowed to challenge the controversial bills in the Supreme Court passed ... Published 18 Nov, 2021 03:58am
Opinion IMF and the challenges ahead An analysis by this writer ‘Policy Rate Hike-Weak Rupee can be deadly combination’ was carried by this newspaper... Published 18 Nov, 2021 03:58am
Print PM wants imports from China in yuan Directs Commerce Ministry and State Bank of Pakistan to look into the possibility of encouraging imports from China in yuan instead of US dollars Updated 18 Nov, 2021 09:46am
Print SBP bill sails through joint sitting ISLAMABAD: In the midst of chaos created by a united yet infuriated opposition, the government Wednesday passed... Updated 18 Nov, 2021 09:34am
Print ECC informed: SME policy to ensure NFIS 2023 implementation ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet was informed that the proposed SME policy will... Updated 18 Nov, 2021 09:25am
Print FDI declines 12pc in 4 months KARACHI: Foreign Direct Investment (FDI) continued to post negative growth and declined by 12 percent during the... Updated 18 Nov, 2021 09:27am
Pakistan Joint session: Pakistan approves central bank bill Another bill, which is key to clearing IMF hurdle, was not laid in parliament Updated 18 Nov, 2021 01:13pm
Print MPC to meet ahead of schedule: 100-200bps hike in policy rate expected KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to convene its meeting... Updated 17 Nov, 2021 09:39am
Business & Finance PKR depreciation: Inflationary impact to be visible in a few months: Deputy Governor SBP ISLAMABAD: The government has conceded that inflationary impact of the current rupee depreciation would become... Published 17 Nov, 2021 04:22am
Print IMF facility hinges on ‘5 prior actions’: Tarin ISLAMABAD: Adviser to the Prime Minister on Finance Shaukat Tarin said on Tuesday that the approval of pending sixth... Updated 17 Nov, 2021 10:04am
Print Govt decides to pay IPPs Rs190bn as equity of Discos ISLAMABAD: The government has decided to pay about Rs 190 billion to the IPPs of pre-1994 policy, 1994, 2002 and ... Updated 17 Nov, 2021 09:52am
Business & Finance SBP prepones monetary policy announcement, will now hold it on November 19 Says meeting brought forward in light of recent unforeseen developments that have affected the outlook for inflation and the balance of payment Updated 16 Nov, 2021 08:12pm
Print Lack of investor interest: PD for delisting SME Bank from sell-off list ISLAMABAD: The Privatisation Division has proposed the government to delist SME Bank from the active privatisation... Updated 16 Nov, 2021 09:57am
Print Export sector likely to face gas supply disruptions Apprehensions expressed at a recent meeting of the federal cabinet Updated 16 Nov, 2021 10:53am
Print SBP takes major step to promote green banking practices Karachi: The State Bank of Pakistan (SBP) has initiated digitalization process for Banking Policy regulatory... Published 16 Nov, 2021 04:26am
Print Workers’ remittances cross $10bn mark in 4 months Karachi: Inflows of workers’ remittances have crossed $10 billion mark during the first four months of this fiscal... Updated 15 Nov, 2021 10:04am
Print SBP enhances banks' CRR to 6pc At present, cash reserves are required to be maintained at an average of 5 percent of total of demand liabilities and time deposits with tenor of less than 1 year Updated 14 Nov, 2021 09:21am
Business & Finance 'SBP should formulate policies for transport industry' KARACHI: The SBP should formulate policies for transport industry and government should announce support specially... Published 14 Nov, 2021 04:12am
Business & Finance SBP raises banks' cash reserve requirement Move aimed at containing monetary expansion and moderating domestic demand Published 13 Nov, 2021 07:28pm
Business & Finance SME Policy 2021: 'It should be based on low tax rate, no audit and no harassment': FPCCI ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed that the "SME Policy... Published 13 Nov, 2021 04:08am
Business & Finance SBP should be insulated from political intervention: expert LAHORE: Research Fellow Sustainable Development Policy Institute Dr Sajid Amin on Thursday said that the State Bank... Published 12 Nov, 2021 04:46am
Business & Finance Dr Baqir meets governors of Saudi, Indonesian banks KARACHI: Governor Sate Bank of Pakistan (SBP) Dr Reza Baqir, on Thursday, met the Governors of Saudi Central Bank... Published 12 Nov, 2021 04:46am
Business & Finance Global IFS industry’s growth: SBP governor advocates digital transformation of financial services KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir has stated that digital transformation of the global... Published 11 Nov, 2021 05:20am
Business & Finance FPCCI chief demands govt update definitions of enterprises KARACHI: Mian Nasser Hyatt Maggo, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has... Published 11 Nov, 2021 05:20am
Opinion PKR: managing common currency area The rupee slide in recent weeks suggests that the traditional arguments of elevated current account deficits, ... Updated 10 Nov, 2021 09:54am