Cabinet Approves Power Tariff Uptick Before Virtual Talks With IMF To Be Held Today
ISLAMABAD: The federal cabinet approved a plan to increase the power tariff and end subsidies. The cabinet approved the uptick ahead of virtual talks with...
WB Appreciates Pace of Reforms for Sales tax Harmonisation
ISLAMABAD: Regional Director World Bank Mathew Verghis appreciated the progress made in harmonising the Sales Tax by Federal Board of Revenue (FBR). He said this...
Sindh Transport Dept Rebuts Claims of Closure of BRT Red Line Project
KARACH: Secretary to Sindh transport department Abdul Haleem Sheikh on Friday said reports claiming the closure of the Bus Rapid Transit (BRT) Red Line project...
Incompetent, Unqualified Imran Govt Threw 24 Number Economy To 47 In Last 5 Years: Dar
Islamabad: Finance Minister Ishaq Dar said that the parleys with the global lender ended “positively” and the government will have to impose Rs170 billion in...
IMF Welcomes PM Shahbaz Commitment For Safeguard Macroeconomic Stability
ISLAMABAD/WASHINGTON: Pakistan and the International Monetary Fund (IMF) have agreed to continue talks on a bailout deal, delaying the disbursement of $1.1 billion in funding...
Weekly Inflation Up By 0.17 Percent
Islamabad: The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed an increase of 0.17 percent for the combined consumption group during the week ended...
Pakistan, IMF Agree To Number Of Points For Completion Of EFF’s Ninth
Pakistan and the International Monetary Fund (IMF) have mutually agreed to a number of points for the completion of ninth review of the Extended Fund...
Pakistan, IMF Reach Agreement: Sources
ISLAMABAD: As the talks with the International Monetary Fund (IMF) over the $6.5 billion bailout program concluded on Thursday, Prime Minister Shehbaz Sharif approved the...
Dar Hopeful of Breakthrough in Pak-IMF Talks
ISLAMABAD: Finance and Revenue Minister Ishaq Dar is confident that the matters will be settled with the International Monetary Fund (IMF) and people will soon...
Action Across Punjab Over Artificial Scarcity Of Petrol As 2 Million Liters Petrol Recovered From Vehari
Vihari: The Action is taken across Punjab against those who created artificial scarcity of petrol. In the action as many as 2 million liters petrol...
PSX Turns Bullish As It Crossed 100 Index Limit Of 42,000 After Uptick Of 494 Points
Karachi: The Pakistan Stock Exchange (PSX) today (Thursday) on 4th day of week crossed 100 index limit of 42000 after speed up in trading. After...
Dollar Depreciated By Rs 5 in Open Market
Karachi: There is a sigh of relief for rupee as dollar depreciated by Rs 5 today and reached 274 from 279. The dollar had closed...
Rupee Gains 2.95 Against US Dollar
The Pakistan rupee gained ground against the US dollar Wednesday as the market was hopeful of a positive outcome of the ongoing talks between the...
Malik Rejects Rumours About Shortage of Petroleum Products
Minister of State for Petroleum Musadik Malik has rejected all rumours regarding shortage of petroleum products in the country. Addressing a news conference in Islamabad...
High Freight Prices lift Maersk to Record Profit in 2022
COPENHAGEN: Global shipping giant Maersk reported its biggest ever full-year profit in 2022, amid soaring freight prices and easing bottlenecks following the Covid pandemic. Maersk...
Gold Prices Fall By Rs4,300/Tola
KARACHI: Gold prices in Pakistan continued to decline for a third consecutive day amid economic uncertainty in the country. According to All-Pakistan Sarafa Gems and...
K-Electric Signs MoU With Chinese Firm to Collaborate on Renewable Energy
ISLAMABAD: K-Electric and China Three Gorges South Asia Investment Limited (CTGSAIL) Monday signed a Memorandum of Understanding (MoU) to collaborate on exploring renewable energy including...
Honda Atlas Again Jacks up Car Prices By up to Rs550,000
KARACHI: The Honda Atlas Cars on Monday increased the prices of its vehicles for the second time in two weeks. The hike is as high...
Pakistani Rupee Appreciated By Rs 5.58 Against US Dollar In Interbank Market
KARACHI: The Pakistani rupee appreciated by Rs 5.58 against the US dollar in the interbank market on Monday (today). The forex dealers said the dollar...
Hyderabad Industrial Zone Will Soon Be Provided Ambulance, Fire Tender: Solangi
HYDERABAD: Secretary Industries and Commerce Govt of Sindh, Abdul Rasheed Solangi on Saturday visited Hyderabad SITE Association of Trade and Industries and held a detailed...