FBR expresses reservations at PD’s policy guideline ISLAMABAD: The Federal Board of Revenue (FBR) has reportedly expressed reservations at Petroleum Division’s policy... Updated 07 Jun, 2023 08:55am
Business & Finance SBP renews status of VIS, Pacra as ECAIs KARACHI: The State Bank of Pakistan has renewed the status of the two credit rating agencies operating in Pakistan... Published 07 Jun, 2023 06:05am
Business & Finance SBP for submission of FCY cross- border payments/ transfer cases KARACHI: The State Bank of Pakistan (SBP) has asked for submission of FCY Cross Border Payments Cases through SBP... Published 07 Jun, 2023 06:05am
Opinion Budget strategy for FY2023-24 The budget for 2023-24 will be presented by the federal government in the Parliament in the next few days. There has... Published 06 Jun, 2023 05:33am
Print Govt debt stocks rise to Rs58.6trn KARACHI: The federal government’s borrowing from domestic and external resources rose by 22.5 percent during the... Updated 06 Jun, 2023 08:47am
Business & Finance Payment system, RSF for lending to SMEs: WB’s $137m FIIP experiences delays ISLAMABAD: The World Bank’s Pakistan Financial Inclusion and Infrastructure Project (FIIP) worth $137 million has... Published 06 Jun, 2023 05:33am
Markets Inter-bank market: rupee falls, settles at 286.19 against US dollar Currency depreciates 0.18% on Monday Updated 05 Jun, 2023 07:37pm
Markets PKR declines only marginally KARACHI: The rupee depreciated marginally by 0.19% against the US dollar in the inter-bank market, settling at ... Published 05 Jun, 2023 03:27am
Business & Finance LCCI lauds policy of barter trade with Afghanistan, Iran & Russia LAHORE: The Lahore Chamber of Commerce and Industry Saturday appreciated the government’s recent policy decisions... Published 04 Jun, 2023 03:35am
Pakistan Record inflation, but market says status quo in upcoming monetary policy High-interest rate along with other macroeconomic measures have already put the brakes on economic growth, argues brokerage house Updated 03 Jun, 2023 09:06pm
Print Expanding export base, mitigating global trade risks: SBP informs Senate panel of EXIM Bank’s main objective Says it is aimed at mitigating risks in international trade Updated 03 Jun, 2023 09:29am
Business & Finance Agri sector: minister says country needs to adopt latest techniques ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal on Friday said that to make Pakistan... Published 03 Jun, 2023 03:52am
Business & Finance MPC to meet on 12th KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held on June... Published 03 Jun, 2023 03:52am
BR Research Interbank vs. Open market: Round 2 The State Bank of Pakistan earlier this week changed its regulations by allowing banks to settle cross border... Updated 02 Jun, 2023 12:02pm
Print Debit, credit cards: ECAP suggests 10pc tax on shopping abroad KARACHI: Exchange Companies of Pakistan (ECAP) Chairman Malik Muhammad Bostan Thursday suggested early imposition of... Updated 02 Jun, 2023 12:07pm
Business & Finance Forex reserves fall by $218m KARACHI: The country’s total foreign exchange reserves further decreased by $ 218 million during the last week.... Published 02 Jun, 2023 03:56am
Business & Finance Customers’ satisfaction: Banking industry investing in technological upgrades: SBP governor KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Thursday said Pakistan’s banking industry is investing... Published 02 Jun, 2023 03:56am
Business & Finance SBP-held forex reserves fall another $102mn, now stand at $4.09bn Fall comes on account of external debt repayment Updated 01 Jun, 2023 11:06pm
Markets Open market: rupee sees massive appreciation, but dealers report USD shortage Development comes after SBP allows card-based transactions to be settled through inter-bank market Updated 01 Jun, 2023 07:25pm
Business & Finance Importers overcharged: SBP completes probe against banks, Senate panel told ISLAMABAD: The Senate Standing Committee on Finance was informed that the State Bank of Pakistan (SBP) has completed... Published 01 Jun, 2023 03:34am
Print IPSs settlement: Banks can buy dollars from interbank market: SBP KARACHI: The State Bank of Pakistan (SBP) Wednesday allowed banks to purchase US dollars from interbank for... Updated 01 Jun, 2023 09:04am
Business & Finance Bank Alfalah to launch ‘Digital Lifestyle Branch’ today KARACHI: Brining new innovation in the banking industry, Bank Alfalah is all set to launch Pakistan’s first... Updated 01 Jun, 2023 03:15pm
Print Tax liability of non-filers: Govt mulling giving NADRA new teeth ISLAMABAD: The government is reviewing the powers of the National Database and Registration Authority (NADRA) in the... Updated 31 May, 2023 09:00am
Business & Finance TMA voices its concern over SBP FE Circular No.02 of 2023 KARACHI: Syed Usman Ali, Senior Vice Chairman of the Towel Manufacturers Association of Pakistan has expressed their... Published 31 May, 2023 03:56am
Business & Finance SBP unveils PSR: E-banking transactions reach Rs44trn mark by Q3-end KARACHI: Digital payments and infrastructure of the banking sector continues to expand and e-banking transactions... Updated 30 May, 2023 09:22am
Print Govt committed to promoting Islamic finance: Dar Finance minister says strategic plan in place for development of Islamic finance Updated 30 May, 2023 09:18am
Business & Finance MCB Bank to conduct Silkbank’s due diligence KARACHI: The Board of Directors of MCB Bank has accorded its in-principle approval to the management of the bank to... Published 30 May, 2023 03:37am
Business & Finance FPCCI board holds consultative meeting with ex-SBP governor KARACHI: The Policy Advisory Board (PAB) of the Federation of Pakistan Chambers of Commerce (FPCCI) held a... Published 30 May, 2023 03:37am
Business & Finance Islamic capital market: SBP governor highlights key challenges ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad said Monday that collaboration among regulators,... Published 30 May, 2023 03:37am
Business & Finance Coordinated efforts needed to build robust Islamic corporate debt market: SBP chief Says it will result in enabling tax, regulatory, and policy environment Published 29 May, 2023 07:08pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?