MPC meeting today: further hike expected KARACHI: The meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be held Tuesday... Updated 04 Apr, 2023 08:44am
Markets Rupee under pressure against US dollar, settles at 285.04 Currency depreciates 0.44% in the interbank market Updated 03 Apr, 2023 06:01pm
Business & Finance PCMEA calls for restoring handloom carpet industry’s special status LAHORE: Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Sunday called upon the State Bank of ... Published 03 Apr, 2023 06:36am
Editorials SBP’s dilemma: battered economy, high inflation EDITORIAL: The SBP (State Bank of Pakistan) is scheduled to announce its monetary policy on 4th April. According to... Updated 03 Apr, 2023 12:45pm
Print If not effected, up to 9pc of amount to be marked as lien: SBP asks exporters to bring in delayed proceeds by 30th KARACHI: The State Bank of Pakistan (SBP) Friday asked exporters to bring delayed export proceeds to Pakistan by... Updated 01 Apr, 2023 08:50am
Print SBP seen raising key rate to record 22pc as inflation bites KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Tuesday, April 04, 2023 at... Updated 01 Apr, 2023 08:48am
Business & Finance Exchange rate, POL prices: Inflation may stay at elevated level: MoF ISLAMABAD: Inflation is expected to stay at an elevated level due to exchange rate depreciation and recent upward... Published 01 Apr, 2023 06:21am
Business & Finance FPCCI urges SBP to cut policy rate by 250bps LAHORE: The Policy Advisory Board, Federation of Pakistan Chambers of Commerce (FPCCI) has urged the State Bank of... Published 01 Apr, 2023 06:21am
Business & Finance KATI welcomes SBP for removing CMR condition on imported goods KARACHI: Korangi Association of Trade and Industry (KATI) President Faraz-ur-Rehman has welcomed the State Bank’s... Published 01 Apr, 2023 06:21am
Business & Finance Meezan Bank surpasses $1.5bn deposit inflows under RDA KARACHI: Meezan Bank, Pakistan’s leading Islamic bank has surpassed $1.5 billion in deposit inflows under Roshan... Published 01 Apr, 2023 06:21am
Markets Ministry of Finance warns inflation to remain high, could increase further Reasons include market frictions caused by relative demand and supply gap of essential items as well as exchange rate depreciation Updated 31 Mar, 2023 06:48pm
Markets MPC meeting: SBP likely to raise key policy rate by 200 basis points MPC meeting is scheduled to be held on April 4 (Tuesday) Updated 31 Mar, 2023 07:38pm
Business & Finance Honda Atlas extends plant shutdown amid import difficulties Pakistan’s auto assembler Honda Atlas Cars (Pakistan) Limited (HCAR) on Friday said its plant, which has been shut... Updated 31 Mar, 2023 03:44pm
Markets Rupee slips against US dollar, settles at 283.79 Currency depreciates 0.05% in the interbank market Updated 31 Mar, 2023 07:23pm
Business & Finance Debt servicing: SBP’s reserves fall by $354m KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $ 354 million during last... Published 31 Mar, 2023 06:45am
Business & Finance SBP revokes licences of 2 errant ECs KARACHI: The State Bank of Pakistan (SBP) Thursday revoked the licenses of two exchange companies for non-compliance... Published 31 Mar, 2023 06:45am
Print UAE, Saudi Arabia: Dar says IMF seeking $3bn ‘guarantees’ Pakistan did not delay a single day in repayments, adds the finance minister Updated 31 Mar, 2023 12:16pm
Print Probe into T-bill bids: Senate panel urged to direct SBP to assist CCP ISLAMABAD: The Competition Commission of Pakistan (CCP) Chairperson Rahat Kaunain Hassan has approached the Senate... Updated 31 Mar, 2023 08:54am
Markets Back to losing ways: SBP-held forex reserves fall $354mn, now stand at $4.2bn Decrease comes due to external debt repayment Updated 30 Mar, 2023 08:18pm
Print IMF’s ingenious approach the only hurdle to bailout Minister of State for Finance Dr Aisha Ghaus-Pasha says the fund wants to independently verify commitments from friendly countries Updated 30 Mar, 2023 09:27am
Business & Finance Collection of govt duties, taxes: Banks to observe extended hours on 30th & 31st KARACHI: The State Bank of Pakistan (SBP) Wednesday announced all branches of banks and field offices of SBP Banking... Published 30 Mar, 2023 06:35am
Print July 1-March 11: Rs2.6trn borrowed for budgetary support KARACHI: The cash-strapped federal government borrowed over Rs2.6 trillion from the banking system for budgetary... Updated 29 Mar, 2023 09:07am
Print Remittances: APL says can invoke force majeure ISLAMABAD: M/s Atlas Power Limited (APL) has warned the government that it would announce force majeure under the... Updated 29 Mar, 2023 09:03am
BR Research SBP move leaves fintechs baffled SBP has recently made some changes in the fee and cost structure of payments associated with cards (debit and... Published 28 Mar, 2023 08:56am
Opinion The economic malaise Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term ... Updated 28 Mar, 2023 06:52am
Print FBR implements ‘blue channel facility’ ISLAMABAD: The Federal Board of Revenue (FBR) has implemented the “Blue Channel facility” under the Risk... Updated 28 Mar, 2023 08:47am
Print Tax evasion: FBR admits it lacks capacity to analyse big data ISLAMABAD: The Federal Board of Revenue (FBR) has admitted that the tax machinery lacks the capacity to analyse big... Updated 28 Mar, 2023 08:46am
Print Jul-Feb repatriation of profit, dividend plunge 80pc YoY: Import curbs hurt investors in equal measure State Bank of Pakistan says foreign investors repatriated $225.1 million during July-Feb of FY23 Updated 28 Mar, 2023 08:53am
Markets Rupee falls against US dollar, settles at 283.58 Currency depreciates 0.13% in inter-bank market Updated 27 Mar, 2023 08:03pm
Opinion The IMF-govt trust deficit The Pakistani public is being subjected to extremely disturbing macroeconomic indicators with each subsequent update... Published 27 Mar, 2023 06:15am
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’