Rupee settles unchanged against US dollar Currency closes at 277.93 against the greenback in inter-bank market Updated 05 Apr, 2024 06:14pm
Business & Finance PSX, SBP: holidays KARACHI: Pakistan Stock Exchange (PSX) Limited will remain closed (today) on Friday, April 05, 2024, on account of... Published 05 Apr, 2024 04:50am
Business & Finance Forex reserves down $49m KARACHI: The country’s total liquid foreign exchange reserves declined by $49 million during the last week.... Published 05 Apr, 2024 04:50am
Markets SBP-held foreign exchange reserves increase $19mn, now stand at $8.04bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19 million on a weekly basis,... Published 04 Apr, 2024 07:24pm
Business & Finance Bank holidays: SBP announces three-day closure for Eid-ul-Fitr 2024 The State Bank of Pakistan (SBP) announced on Thursday a three-day holiday on account of Eid-ul-Fitr. “The State... Published 04 Apr, 2024 04:26pm
Pakistan Pakistan’s central govt debt decreases marginally in February: SBP Major decrease witnessed in central government external debt and short-term domestic debt Updated 04 Apr, 2024 06:31pm
Markets KSE-100 hits new peak, settles above 68,000 for the first time The bullish wave continued at the Pakistan Stock Exchange (PSX) on Thursday as its key benchmark index ended at a... Updated 04 Apr, 2024 03:39pm
BR Research Rising textile NPLs: who is on the hook? Not all commercial banks are created equals. And some are certainly better capitalized than others. As the economy... Published 04 Apr, 2024 06:10am
Business & Finance UBG concerned at trade deficit widening with regional counterparts KARACHI: United Business Group (UBG) leaders Zubair Tufail, President, Khalid Tawab, Regional chairman and Hanif... Published 04 Apr, 2024 04:56am
Business & Finance Auction for MTBs: SBP raises Rs558bn KARACHI: The federal government raised some Rs 558 billion on Wednesday through the sale of short-term security... Published 04 Apr, 2024 04:56am
Business & Finance Number of credit card users drops due to high interest rates, emergence of alternate products KARACHI: The number of credit card users is on decline in the country due to the higher interest rate and emergence... Published 03 Apr, 2024 05:29am
Business & Finance Expert throws light on recent inflation trends LAHORE: Pakistan has witnessed a gradual decline in inflation for the third consecutive month, marking its lowest... Published 03 Apr, 2024 05:29am
Print No reduction in poverty in sight: World Bank projects 1.8pc growth ISLAMABAD: The World Bank has projected Pakistan’s GDP growth at 1.8 percent against the budgetary estimates of 3.5... Updated 03 Apr, 2024 09:46am
Business & Finance T-bills witness highest USD inflows after 4 years KARACHI: Finally, with high local interest rates and stable Pak rupee, smart foreign investors are investing in... Updated 03 Apr, 2024 09:21am
Pakistan Pakistan’s trade deficit shrinks 25% to $17.03bn in 9MFY24 However, trade deficit in March alone higher on yearly and monthly basis Updated 01 Apr, 2024 10:10pm
Markets Pakistan’s headline inflation reading slows further to 20.7% in March CPI-inflation reading drops to lowest level since May 2022, is now below key policy rate after over three years Updated 01 Apr, 2024 09:44pm
Business & Finance Offer to acquire stake in Samba Bank: SNB confirms willingness to Bank Alfalah KARACHI: Saudi National Bank (SNB) has confirmed to the Bank Alfalah that they are willing to entertain non-binding... Published 30 Mar, 2024 04:58am
Print Banks asked to ensure lending to priority sectors KARACHI: The Federal Minister for Finance and Revenue, Muhammad Aurangzeb on Friday asked banks for lending to... Updated 30 Mar, 2024 02:21pm
Business & Finance Exchange companies: SBP extends cash USD import facility till June 30th KARACHI: The State Bank of Pakistan (SBP) on Friday has extended import facility of cash US dollar by the Exchange... Updated 30 Mar, 2024 08:49am
Business & Finance Bank Alfalah’s eyes majority stake in Samba Bank Limited Bank Alfalah Limited, one of Pakistan’s largest commercial banks, has expressed its intention to acquire a majority... Updated 29 Mar, 2024 10:15pm
Business & Finance Collection of govt receipts: Bank branches to remain open on 30th, 31st KARACHI: The State Bank of Pakistan (SBP) has announced opening of branches for collection of government receipts,... Published 29 Mar, 2024 04:45am
Markets SBP-held foreign exchange reserves gain $4mn, now stand at $8.022bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased marginally by $4 million on a weekly... Updated 28 Mar, 2024 10:33pm
Business & Finance Field formations to remain open on 30th & 31st ISLAMABAD: The Federal Board of Revenue (FBR) has directed field formations to remain open on Saturday (March 30) ... Published 28 Mar, 2024 06:30am
Business & Finance Foreign investors: Jul-Feb profit repatriation soars 237pc to $759.2m YoY KARACHI: Repatriation of profits and dividends by foreign investors rose sharply by 237 percent during the first... Published 28 Mar, 2024 05:47am
Print SIFC set to brief ‘new guard’ on previous decisions ISLAMABAD: Special Investment Facilitation Council (SIFC) is all set to hold a three-day meeting of new Executive... Updated 28 Mar, 2024 08:47am
Pakistan July-February FY24: foreign investors’ profit repatriation soars 237% Repatriation of profit and dividends by foreign investors was a massive 237% higher on a year-on-year basis during... Updated 27 Mar, 2024 08:42pm
Business & Finance SBP chief inaugurates AL Habib Exchange Company KARACHI: AL Habib Exchange Company (Private) Limited officially commenced operations across ten branches in 4 cities... Published 27 Mar, 2024 04:38am
Business & Finance BOP receives NOC from SBP for BOP Exchange (Pvt) Ltd launch LAHORE: The Bank of Punjab is pleased to announce receiving of a No Objection Certificate (NOC) by the State Bank of... Published 27 Mar, 2024 04:38am
Markets Rupee largely stable against US dollar Currency settles at 278.1 against US dollar in inter-bank market Updated 26 Mar, 2024 05:35pm
Editorials Balanced C/A by itself: no sustainable strategy EDITORIAL: The current account (C/A) is one economic variable that is coming under control, no thanks to the economy... Published 25 Mar, 2024 05:54am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?