Govt getting $4bn as bonds take battering after floods: SBP KARACHI: Additional financial international commitments to Pakistan in the wake of devastating floods will offset ... Updated 11 Oct, 2022 09:59am
Business & Finance NIFT ePay, Ideal Autonetics partner to digitise payments in education sector KARACHI: NIFT ePay has entered into a strategic alliance with Ideal Autonetics to digitize payments across the... Published 11 Oct, 2022 05:54am
Business & Finance Pakistan's economic growth to decline to 2% amid flash floods: SBP The current account deficit is likely to be muted in FY23, said MPC Published 10 Oct, 2022 05:25pm
Business & Finance Monetary policy: SBP maintains status quo, keeps key interest rate unchanged at 15% The central bank has kept policy rate unchanged since July 7, 2022 Updated 10 Oct, 2022 09:13pm
Business & Finance BMP calls for accommodative monetary policy LAHORE: As the bimonthly monetary policy is being announced on Monday the Federation of Pakistan Chambers of ... Published 09 Oct, 2022 05:51am
Business & Finance Violation of regulatory requirements: SBP stops operations of TAG Innovation as EMI KARACHI: The State Bank of Pakistan (SBP) Friday stopped operations of M/s TAG Innovation Pvt Ltd as Electronic ... Published 08 Oct, 2022 03:25am
Print Exemption to capacity payment cut: PQEPC accuses CPPA-G of ignoring PM’s orders ISLAMABAD: Port Qasim Electric Power Company (Private Limited (PQEPC) has reportedly accused Central Power ... Updated 08 Oct, 2022 09:55am
Business & Finance SBP revokes TAG Innovation's in-principle, pilot operations approval Decision taken after central bank identified violation of regulatory requirements during pilot operations Updated 07 Oct, 2022 08:19pm
Business & Finance JS Bank allowed to acquire 86.32m ordinary shares KARACHI: The State Bank of Pakistan (SBP) has granted its approval to JS Bank Limited to acquire 86,316,964 ordinary... Published 07 Oct, 2022 06:29am
Print Finance ministry contests rating action by Moody’s ISLAMABAD: The Finance Ministry on Thursday strongly contested the Moody’s rating action, which it said was carried... Updated 07 Oct, 2022 09:56am
Business & Finance Banks to provide subsidised loans to female entrepreneurs, says SBP FAISALABAD: Female entrepreneurs would be encouraged to play their proactive role in the national economy and in ... Published 07 Oct, 2022 05:59am
Business & Finance MPS on 10th KARACHI: The Monetary Policy Committee of State Bank of Pakistan (SBP) will meet on Monday (Oct 10) at SBP Karachi ... Published 07 Oct, 2022 05:59am
Business & Finance SBP’s reserves fall by $106m KARACHI: The total liquid foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $106... Published 07 Oct, 2022 05:59am
Markets Alarming level: SBP-held foreign exchange reserves decline $106mn to $7.9bn Central bank says decrease due to external debt, other payments Updated 06 Oct, 2022 11:09pm
Business & Finance Roshan Digital Account: Inflows clock in $5.14bn in 25 months Month-on-month RDA inflows are down 10% Updated 06 Oct, 2022 11:14pm
Markets 10th straight gain: Rupee settles below 222 Cumulatively, the rupee has appreciated Rs17.76 or 8% against the US dollar in the past ten sessions as run of strength continues Updated 06 Oct, 2022 11:07pm
Print SBP to complete probe soon into alleged FX manipulation KARACHI: Central bank will soon complete an investigation into alleged manipulation by commercial banks of foreign... Published 06 Oct, 2022 06:08am
Opinion After the ‘oil price closet of anxieties’ Finance Minister Ishaq Dar sure looked pretty and no doubt also felt very good as he cut oil prices to announce his... Published 06 Oct, 2022 05:59am
Business & Finance SCO and HBL sign interoperable MFS agreement KARACHI: Special Communications Organisation (SCO) has joined hands with Habib Bank Limited (HBL) for the... Published 06 Oct, 2022 05:59am
Pakistan SBP to soon complete probe into alleged forex manipulation by banks: spokesperson Investigations are being carried out by the regulator and results might come soon, says Abid Qamar Published 05 Oct, 2022 07:52pm
Markets Ninth successive gain: Rupee settles under 224 as appreciation run continues Cumulatively, the rupee has appreciated Rs15.76 or 7.04% against the US dollar in the past nine sessions Updated 05 Oct, 2022 08:38pm
Markets Not increasing PL is no violation of IMF deal, NA body told ISLAMABAD: Minister of State for Finance Aisha Ghaus Pasha has informed the Finance Standing Committee of the... Updated 05 Oct, 2022 10:08am
Opinion Country headed for recession As we had warned prior to the vote of no-confidence (VONC) in March 2022, the PDM (Pakistan Democratic Movement)... Updated 06 Oct, 2022 02:50am
Print Russia, CARs, Belarus and Iran: PM forms three ‘thematic working groups’ ISLAMABAD: Prime Minister Shehbaz Sharif, has constituted three Thematic Working Groups to finalise strategy for... Updated 05 Oct, 2022 10:36am
Markets Speculation and volatility of exchange rates: Action to be taken against erring banks, ECs: SBP chief ISLAMABAD: The governor State Bank of Pakistan (SBP) has informed the National Assembly Standing Committee on... Updated 05 Oct, 2022 09:53am
Business & Finance Monetary policy: majority expects status quo in key interest rate SBP is currently scheduled to hold the Monetary Policy Committee meeting on October 10 Updated 05 Oct, 2022 09:44am
Markets Eighth consecutive gain: Rupee continues its merry way against US dollar Currency has cumulatively appreciated Rs14.06 or 6.23% in the last eight sessions Updated 04 Oct, 2022 09:30pm
Business & Finance Overall banking assets: Market share of IBI assets surges to 19.5pc KARACHI: Assets of Islamic Banking Industry (IBI) witnessed an all-time high quarterly increase of Rs 836 billion... Published 04 Oct, 2022 06:51am
Business & Finance PALSP urges SBP to reduce rate immediately ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has urged the State Bank of Pakistan (SBP) for... Published 04 Oct, 2022 05:55am
Business & Finance LCCI urges ministers, SBP to solve problems faced by importers LAHORE: The Lahore Chamber of Commerce & Industry has expressed its profound concern over the issue of approval... Published 04 Oct, 2022 05:55am