SBP urged to take steps for stopping rupee devaluation Vice President of PBF Ahmad Jawad says Pakistan cannot afford a 'dollarised' economy Updated 19 Jun, 2022 09:46am
Pakistan ‘e-Pay Punjab’ achieves another landmark LAHORE: e-Pay Punjab, an online payment solution and a joint initiative of Punjab Information Technology Board ... Published 18 Jun, 2022 06:00am
Opinion Pakistan towards the journey of digital revolution The digital transformation of economies across the globe is accelerating with ever-increasing pace. Disruptive... Published 18 Jun, 2022 06:00am
Business & Finance July-May FDI declines 5pc to $1.57bn YoY KARACHI: The Foreign Direct Investment (FDI) decreased by 5 percent during the first 11 months of this fiscal year.... Published 18 Jun, 2022 06:00am
Business & Finance JS Bank joins SBP’s RDA KARACHI: JS Bank has become the 14th bank to join the State Bank of Pakistan’s Roshan Digital Account (RDA)... Published 18 Jun, 2022 06:00am
Markets Jul-May: FDI into Pakistan falls 4.9% on a year-on-year basis to $1.59bn FDI flows during May registered a decline of 37% YoY Published 17 Jun, 2022 10:16pm
Business & Finance 20 applications received for licences of digital banks: Sima Kamil KARACHI: As many as 20 entities (both local and foreign) have applied for the licenses of digital banks under the... Published 17 Jun, 2022 08:20am
Business & Finance Forex reserves decline to $14.943bn KARACHI: The country’s total liquid foreign exchange reserves reached below the $15 billion mark. According to... Published 17 Jun, 2022 07:38am
Business & Finance Q3FY22: E-banking transactions soar to Rs35.422trn KARACHI: The E-banking transactions continued a steady growth and rose to Rs 35.422 trillion in the third quarter of... Updated 17 Jun, 2022 11:17am
Markets Critical level: SBP-held foreign exchange reserves fall to $8.99bn, lowest since Nov 2019 Decrease another $241mn on a weekly basis Published 16 Jun, 2022 09:31pm
Business & Finance SBP renews status of VIS, Pacra as ECAIs KARACHI: The State Bank of Pakistan (SBP) has renewed the status of two credit rating agencies as eligible External... Published 16 Jun, 2022 07:25am
Business & Finance Jul-Apr period: Banks disburse over Rs1trn agri credit KARACHI: Banks disbursed Rs. 1.059 trillion agriculture credit during July-April of this fiscal year (FY22), which ... Published 16 Jun, 2022 07:25am
Print CRR, housing finance: SBP issues fresh directives to banks KARACHI: The State Bank of Pakistan (SBP) has issued fresh directives for the Cash Reserve Requirement (CRR) and... Published 15 Jun, 2022 05:47am
Business & Finance SBP says Cash Reserve Requirement does not apply on housing, construction finance targets The State Bank of Pakistan (SBP) on Tuesday has said that the Cash Reserve Requirement (CRR) for banks will not be... Published 14 Jun, 2022 03:52pm
Markets New all-time low for rupee, US dollar closes over 205 Multiple factors, including delay in IMF programme revival, driving currency depreciation Updated 14 Jun, 2022 08:57pm
Print Banks asked to close govt accounts with zero balance ISLAMABAD: Ministry of Finance (MoF) has requested all commercial banks to close accounts of federal government... Updated 14 Jun, 2022 10:01am
Opinion Outlook for inflation The multilateral agencies, World Bank, and the IMF, have recently updated their projections of the rate of inflation... Published 14 Jun, 2022 05:56am
Business & Finance ‘A’ or above rated banks: Mutual/income funds allowed to invest ISLAMABAD: In a major move to provide ease of doing business and expand investment avenues for mutual funds, the... Published 14 Jun, 2022 05:56am
Markets PKR declines nearly 2.2pc KARACHI: The rupee fell nearly 2.2% against the US dollar during the previous week, shedding value in three of the... Published 13 Jun, 2022 06:19am
Editorials A carrot and stick approach EDITORIAL: The government and regulators are trying their best through a carrot and stick strategy to arrest the... Published 13 Jun, 2022 06:19am
Opinion The challenge of rising inflation Inflation occurs when spending on goods and services outstrips production. Prices can rise because of supply... Published 12 Jun, 2022 06:55am
Business & Finance Inflows of remittances post over 6pc growth KARACHI: Inflows of home remittances posted over six percent growth during the first 11 months of this fiscal year... Published 11 Jun, 2022 06:14am
Markets Rupee sheds 0.78% against US dollar owing to drop in forex reserves Increase in global oil prices creates panic in currency market Updated 10 Jun, 2022 08:43pm
Business & Finance SBP hosts meetings of IFSB KARACHI: State Bank of Pakistan (SBP) hosted the 40th Council Meeting and 20th General Assembly of the Islamic... Published 10 Jun, 2022 07:38am
Business & Finance Silkbank to receive Rs12bn equity to consolidate its financial health KARACHI: Backed by the significant announcement by Silkbank Limited of an Expression of Interest from M/s. Park View... Published 10 Jun, 2022 07:00am
Business & Finance NA passes Export-Import Bank of Pakistan Bill, 2022 ISLAMABAD: The National Assembly on Thursday passed “The Export-Import Bank of Pakistan Bill, 2022” with a... Published 10 Jun, 2022 06:16am
Opinion Survey makes no overt political statement The most carefully watched aspect of the Economic Survey 2021-22 is not the data that is usually limited to March... Published 10 Jun, 2022 06:16am
Print Forex, PSEs and banks liabilities not included: $88.8bn external debt recorded at end of March ISLAMABAD: External public debt was recorded at $88.8 billion at end-March 2022 in the Economic Survey 2021-22, but... Updated 10 Jun, 2022 09:23am
Business & Finance SBP’s forex reserves fall sharply KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves continued to decline and fell sharply by ... Published 10 Jun, 2022 06:16am
Print Survey lists factors behind mammoth trade deficit ISLAMABAD: The government Thursday said that significant rise in import bill due to broad-based surge in global... Updated 10 Jun, 2022 09:34am