IMC posts profit after tax of Rs15.8bn KARACHI: The Indus Motor Company (IMC) has announced its financial results for the year ended June 30, 2022, that... Published 31 Aug, 2022 05:50am
Business & Finance Indus Motor Company again announces shutdown of plant from Sep 1 to Sep 16 In a separate notice, Millat Tractors also says it will keep its production operations closed from Wednesday, August 31, 2022, till September 16, 2022 Updated 30 Aug, 2022 08:31pm
Opinion A fragile BoP The statistics on the balance of payments (BoP) of Pakistan have been released recently by the State Bank of ... Published 30 Aug, 2022 06:21am
Business & Finance SBP launches videos on agri-financing products KARACHI: A series of training videos have been launched in national and regional languages, by the State Bank of... Published 30 Aug, 2022 06:21am
Editorials Outlook characterised by grim uncertainties EDITORIAL: As per reports, the Update and Outlook August 2022, compiled by the finance division, Pakistan’s... Published 30 Aug, 2022 06:21am
Business & Finance Pak Suzuki announces further extension in automobile plant shutdown Pak Suzuki Motor Company (PSMC) on Monday said it has further extended the shutdown of its automobile production... Published 29 Aug, 2022 04:43pm
Editorials Current account deficit EDITORIAL: The government has succeeded in containing the current account deficit to 1.2 billion dollars in July... Published 29 Aug, 2022 05:44am
Print ‘Most difficult part is behind us now’: SBP official defends quick hikes in key policy rate KARACHI: Chief Economist and Research Advisor SBP, Dr Ali Chaudhry has said that the most difficult part is behind ... Updated 28 Aug, 2022 01:12pm
Print New SBP governor Jameel Ahmed assumes office KARACHI: Jameel Ahmad has assumed the charge of Governor, State Bank of Pakistan (SBP), after his appointment by the... Updated 28 Aug, 2022 09:22am
Print SBP sets Rs1.8trn agri credit target for FY23 KARACHI: The State Bank of Pakistan (SBP) has assigned annual agriculture credit disbursement target of Rs 1,800... Updated 27 Aug, 2022 09:47am
Business & Finance Forex reserves decrease $87m KARACHI: The total liquid foreign reserves held by State Bank of Pakistan (SBP) decreased by $87 million to $7.809... Published 26 Aug, 2022 06:54am
Business & Finance Meezan Bank, Samba Bank celebrate RDA success in Bahrain KARACHI: Meezan Bank and Samba Bank in collaboration with the Embassy of Pakistan in Bahrain hosted a reception at... Published 26 Aug, 2022 06:02am
Print Import of spare parts, machinery: IPPs demand withdrawal of curbs ISLAMABAD: Independent Power Producers (IPPs) have urged the government to lift restrictions on import of spare ... Updated 26 Aug, 2022 09:45am
Markets Alarming level: SBP-held foreign exchange reserves fall $87mn, now stand at $7.8bn Total liquid forex reserves held by Pakistan stand at $13.52 billion Published 25 Aug, 2022 07:52pm
Business & Finance eCIB: FPCCI urges SBP to decrease reflection period in view of current economic situation KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President, Irfan Iqbal Sheikh has urged... Published 25 Aug, 2022 07:14am
Pakistan ‘PM Flood Relief Fund’ established ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Wednesday appealed to everyone to donate... Published 25 Aug, 2022 06:42am
Business & Finance July CAD shrinks 45pc to $1.2bn MoM KARACHI: Pakistan’s current account deficit (CAD) for July 2022 narrowed by 45 percent on month-on-month basis to... Published 25 Aug, 2022 06:32am
Pakistan Decrease in number of supplementary questions: Senate body opposes amendment proposed in Rule 57 ISLAMABAD: The Senate Committee on Rules of Procedure and Privileges opposed the amendment proposed in Rule 57 to... Published 25 Aug, 2022 06:09am
Print Import of ‘control system’: Rousch seeks govt help in securing SBP permission ISLAMABAD: M/s Rousch (Pakistan) Power Limited has sought the federal government’s help in obtaining approvals ... Updated 25 Aug, 2022 10:22am
Business & Finance July ITeS export remittances decline over 15pc to $199m MoM ISLAMABAD: The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center... Published 25 Aug, 2022 06:08am
Business & Finance Pakistan’s REER falls to 93.2 in July A Real Effective Exchange Rate below 100 means a country’s exports are competitive, while imports are expensive Updated 24 Aug, 2022 06:37pm
Pakistan Qatar Investment Authority considering about $3bn investment in Pakistan: report $445-billion QIA currently evaluating strategic investments in country's main airports in Islamabad/Karachi as well as other sectors Updated 24 Aug, 2022 08:53pm
Markets Third successive loss: Rupee weakens further against US dollar The currency settles at 218.38 in inter-bank market Updated 24 Aug, 2022 08:57pm
Pakistan Pakistan's current account deficit shrinks massively to $1.21bn in July Registers 45% decline month-on-month after clocking in at revised $2.2 billion in June Updated 24 Aug, 2022 12:11pm
Editorials A nimble MPS? EDITORIAL: The Monetary Policy Statement (MPS) announced on 22 August 2022, as expected, kept the policy rate... Published 24 Aug, 2022 05:08am
Business & Finance SBP injects Rs177bn in OMO The State Bank of Pakistan (SBP) has injected Rs177 billion worth of liquidity into the money market via an open... Published 23 Aug, 2022 06:10pm
Markets KSE-100 rises 1.26% on interest rate clarity Investors remain optimistic about approval of next tranche of IMF on August 29 Updated 23 Aug, 2022 06:17pm
Markets Rupee closes with 0.46% fall, settles at 217.66 Early intra-day gains erased in inter-bank market on Tuesday Updated 23 Aug, 2022 06:05pm
BR Research Monetary Policy: A pause As expected, SBP kept the policy rate unchanged. SBP took a pause. The monetary policy is expected to remain data... Published 23 Aug, 2022 08:40am
Opinion Burgeoning budget deficit The information on fiscal operations in 2021-22 has just been released by the Ministry of Finance. These figures are... Published 23 Aug, 2022 05:56am