SBP gives go-ahead to Bank Alfalah to conduct due diligence of Samba Bank The State Bank of Pakistan (SBP) has granted its approval to Bank Alfalah Limited to commence due diligence of Samba... Updated 20 May, 2024 03:38pm
Editorials State of the economy EDITORIAL: The government reduced prices of petroleum and products significantly effective 16 May till the end of... Updated 20 May, 2024 06:12am
Print Foreign investors pressurise govt for remitting dividends ISLAMABAD: Foreign investors are said to be mounting pressure on dollar-starved Islamabad for remitting dividends to... Updated 20 May, 2024 10:31am
Print PBA planning to establish ‘SME, agriculture index’ ISLAMABAD: Pakistan Banks’ Association (PBA) is planning to establish “SME and Agriculture Index” to target the... Updated 20 May, 2024 08:40am
Print Apr FDI inflow up 172pc to $358.84m YoY KARACHI: The inflow of Foreign Direct Investment (FDI) in Pakistan has increased by 172 percent on year-on-year... Updated 18 May, 2024 04:58pm
Print Non-resident shareholders: AGL urges SBP to remit its dividends ISLAMABAD: Attock Gen Limited (AGL) has urged Governor State Bank of Pakistan (SBP) to remit dividends of Rs 975... Published 18 May, 2024 05:45am
Business & Finance Don’t kill the goose that lays the golden egg, SITE body tells FBR, others KARACHI: SITE Association of Industry (SAI) in its budget proposals for the year 2024-25 forwarded to the Prime... Published 18 May, 2024 05:45am
Pakistan Pakistan’s current account posts surplus of $491mn in April 2024 Overall, during 10 months of ongoing fiscal year, current account balance stands at deficit of $202mn Updated 17 May, 2024 07:43pm
Business & Finance Audit report for FY23 tax period: AGP objects to FBR’s increased reliance on WHTs ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly objected that the Federal Board of Revenue (FBR) has... Published 17 May, 2024 05:50am
Print Borrowings, mark-up payments: Policy rate hike pushed up FY23 cost The expenditure on mark-up payments was Rs5,696 billion in fiscal year 2022-23 against Rs3,950 billion estimated in the budget Updated 17 May, 2024 09:44am
Print Public debt soars to Rs39.7trn, NA told ISLAMABAD: The external debt was recorded at $86.36 billion and domestic debt was recorded at Rs39.7 trillion of the... Updated 17 May, 2024 12:39pm
Markets SBP-held foreign exchange reserves increase $15mn, now stand at $9.13bn Total liquid foreign reserves held by the country stand at $14.62 billion Updated 16 May, 2024 10:28pm
Business & Finance Freelancers and IT exporters: BankIslami launches exclusive priority banking lounge KARACHI: BankIslami, a leading financial institution announced the opening of its exclusive priority banking lounge... Published 16 May, 2024 06:29am
Opinion The AJK curtain-raiser I fear the recent unrest in AJK was not an isolated affair, nor does the delayed Rs35bn sweetener mean the end of ... Published 16 May, 2024 06:28am
Editorials Political uncertainty or just bad economics? EDITORIAL: The refrain that political uncertainty is exacerbating the economic impasse due to inconsistent policies,... Published 16 May, 2024 06:28am
Business & Finance H1: Fiscal deficit increases to 2.3pc of GDP KARACHI: Fiscal deficit increased to 2.3 percent of GDP in the first half of FY24 from 2.0 percent in the same ... Published 15 May, 2024 05:47am
Business & Finance H2FY24: SBP expects continuation of modest recovery KARACHI: The State Bank of Pakistan (SBP) expects continuation of modest economic recovery in the second half of ... Published 15 May, 2024 05:47am
Business & Finance H1FY24: Contained CAD, better inflows help improve external account KARACHI: Pakistan’s external account improved in the first half of FY24, as current account deficit (CAD) remained... Published 15 May, 2024 05:47am
Business & Finance H1FY24: Services sector posts a meagre growth of 0.5pc KARACHI: Not withstanding robust agriculture growth and a moderate recovery in LSM during the second quarter of ... Published 15 May, 2024 05:47am
Business & Finance Political uncertainty impacting economy: SBP KARACHI: Despite some improvement in macroeconomic indicators, economy continues to grapple with the structural... Published 15 May, 2024 05:47am
Business & Finance H1FY24 agri sector output rebounds KARACHI: The output of agriculture sector rebounded, with 6.8 percent growth in the first half of FY24 compared to... Updated 15 May, 2024 09:19am
Business & Finance Q2 of FY24: Industrial production records contraction for 4th consecutive quarter KARACHI: The industrial production recorded contraction for the fourth consecutive quarter in the second quarter of... Published 15 May, 2024 05:47am
Pakistan Political uncertainty impacting Pakistan economy, says SBP Policy, structural challenges need to be addressed as necessary tailwind, says central bank in half-year report Updated 14 May, 2024 10:50pm
Business & Finance U Bank and RIDBL enter into strategic partnership ISLAMABAD: U Microfinance Bank (U Bank) and Raqami Islamic Digital Retail Bank Ltd. (RIDBL) have entered into a... Published 14 May, 2024 05:18am
Business & Finance KATI hails 1.39pc drop in weekly inflation rate KARACHI: The Korangi Association of Trade and Industry (KATI) has hailed the notable drop of 1.39 percent in the... Published 14 May, 2024 05:18am
Opinion Growth model needs to be long term Pakistan has never achieved impressive growth rates in its history with the highest rate (average) achieved in the... Published 13 May, 2024 06:08am
Print Foreign companies: BoI seeks details of special deployment policy from SBP ISLAMABAD: Board of Investment (BoI) is said to have sought details of Local Deployment Policy from the State Bank... Updated 13 May, 2024 09:21am
Business & Finance SBP provides foundation for elimination of Riba by Dec 31, 2027 FAISALABAD: State Bank of Pakistan (SBP) has provided a solid and practicable foundation for the elimination of Riba... Published 12 May, 2024 03:09am
Pakistan Kafaalat programme of BISP: Jan benefit adjustments protected generosity level: IMF ISLAMABAD: The benefit adjustment carried out in January (for Kafaalat beneficiaries of the Benazir Income Support... Published 11 May, 2024 06:22am
Print SBA: performance against end-Dec benchmarks satisfactory ISLAMABAD: The Pakistani authorities’ overall performance against end-December quantitative performance criteria... Updated 11 May, 2024 01:43pm
