Chinese IPPs step up pressure for payment of dues ISLAMABAD: As Prime Minister, Shehbaz Sharif is leaving for China on a four-day (June 4-8) official visit on Tuesday... Published 04 Jun, 2024 06:28am
Business & Finance IT exports: Changes in equity investment abroad policy okayed by ECC ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved amendments in policy for equity... Published 04 Jun, 2024 06:28am
Print SBP likely to lower policy rate: S&P GMI ISLAMABAD: Pakistan’s headline inflation rate declined for the fifth consecutive month to 11.8 per cent in May and... Published 04 Jun, 2024 06:28am
Business & Finance Payments at cattle markets: JazzCash partners with SBP to enable interoperable RAAST QR codes ISLAMABAD: In a bid to streamline financial transactions at cattle markets ahead of Eidul Azha, JazzCash has... Published 04 Jun, 2024 06:28am
Markets Pakistan’s headline inflation decelerates further to 11.8% in May 2024 CPI-based figure lowest after 29 months, making case for rate cut stronger Updated 03 Jun, 2024 08:36pm
Markets Marginal decline KARACHI: The rupee decreased marginally during the previous week as it lost Re0.12 or 0.04% against the US dollar.... Published 03 Jun, 2024 06:30am
Editorials Poverty on the rise EDITORIAL: Ideally, the government should have already known what the recent PIDE (Pakistan Institute of Development... Published 02 Jun, 2024 02:53am
Print APCC approves Rs1221bn federal PSDP ISLAMABAD: The Annual Plan Coordination Committee (APCC) has approved Rs1,221 billion federal PSDP for the next... Updated 01 Jun, 2024 02:03pm
Business & Finance Cut in policy rate likely KARACHI: With the decline in the inflation and improvement in external account, analysts are expecting easing in the... Published 01 Jun, 2024 06:59am
Markets Reversal in stance: SBP might opt for rate cut in upcoming MPC meeting, brokerage house says The State Bank of Pakistan (SBP), scheduled to announce the key policy rate on June 10 (Monday), might opt for... Updated 31 May, 2024 11:40pm
Business & Finance Digital payments at cattle markets: SBP enhances transaction limits KARACHI: To facilitate digital payments at the cattle markets for the sale of sacrificial animals for the upcoming... Published 31 May, 2024 06:58am
Markets SBP-held foreign exchange reserves decrease $63mn, now stand at $9.09bn Total liquid foreign reserves held by the country stand at $14.31 billion Updated 30 May, 2024 10:28pm
Print Budgetary support: Govt borrowing rises 116pc KARACHI: The federal government borrowing from scheduled banks for budgetary support rose significantly by 116... Updated 30 May, 2024 08:53am
Print Gender finance gap: SECP unveils policy framework for ‘WEFP’ ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a policy framework for Women... Updated 29 May, 2024 09:20am
Business & Finance Foreign investors: Jul-Apr profit repatriation up 250pc KARACHI: Repatriation of profit and dividend by foreign investors posted a notable growth of 250 percent during the... Updated 28 May, 2024 09:11am
Editorials Phenomenal rise in domestic borrowing EDITORIAL: The government borrowed up to 77 percent domestically to finance its fiscal deficit in the first six... Updated 28 May, 2024 05:52am
Business & Finance Meezan Exchange Company Ltd launched KARACHI: Meezan Bank, strengthening foothold in forex services and business, has formally launched its wholly owned... Published 28 May, 2024 05:30am
Business & Finance Bank holiday: SBP to remain closed on Tuesday, May 28 The State Bank of Pakistan (SBP) on Monday said it will remain closed on Tuesday, May 28, following a government... Published 27 May, 2024 08:57pm
Business & Finance Sacrificial animals’ purchase: SBP set to provide QR code payment mechanism KARACHI: In a major development on digital banking front, the State Bank of Pakistan (SBP) is all set to facilitate... Published 25 May, 2024 06:33am
Business & Finance Forex down by $41m in a week KARACHI: The country’ total liquid foreign reserves fell slightly $41 million to stood at $14.585 billion as on ... Published 24 May, 2024 05:35am
Markets SBP-held foreign exchange reserves increase $22mn, now stand at $9.16bn Total liquid foreign reserves held by the country stand at $14.59 billion Updated 23 May, 2024 10:27pm
Print Govt raises Rs97bn via auction for PIBs KARACHI: The federal government on Wednesday raised some Rs 97 billion through sale of long-term investment papers.... Updated 23 May, 2024 09:19am
Business & Finance Gems, precious stones sector: PM seeks steps to elevate status ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif wanted taking steps to give the status of regular industry to the... Published 23 May, 2024 05:15am
Business & Finance $171m RDA inflows received in April: SBP KARACHI: Pakistan has received gross inflows of $171 million in Roshan Digital Accounts (RDA) in April 2024, the... Published 22 May, 2024 05:54am
Business & Finance IT exports: Practical steps should be taken on priority basis: PM ISLAMABAD: Prime Minister Shehbaz Sharif has directed that practical steps should be taken on priority basis to... Published 22 May, 2024 05:54am
Business & Finance RDA inflow declines 6%, clocks in at $171mn in April Inflows through the Roshan Digital Account (RDA) clocked in at $171 million in April, a fall of over 6% compared to... Updated 21 May, 2024 09:47pm
Business & Finance 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 08:07pm
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
