IMF Mission to Travel to Pakistan for Dialogues on Ninth Review
ISLAMABAD: A mission of the International Monetary Fund (IMF) will travel to Pakistan from January 31 to February 9 after talks between Islamabad and the...
Holistic Energy Policy will be Finalized by End of 2023: Musadik
Minister of State for Petroleum Musadik Malik says a holistic energy policy to resolve the issue of energy on long-term basis will be finalized by...
PSX Gains Over 1,000 Points
Following the rupee’s devaluation in the open and interbank markets, the benchmark index of the Pakistan Stock Exchange (PSX) rallied and gained by more than...
ECC Authorises Rs8.39 billion Grant for Wheat seeds Subsidies
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet authorised Benazir Income Support Program s technical supplemental grant of Rs8.39 billion under the subsidy on wheat seeds...
Exchange Companies Remove Dollar cap to dent grey Market
KARACHI: In a major decision, the Exchange Companies Association of Pakistan (ECAP) has decided to remove the cap on the US dollar, effective from today...
Pakistan, Qatar Agree to Explore Areas of cooperation in Energy Sector
Pakistan and Qatar have agreed to explore areas of cooperation in the energy sector. The understanding was reached at a meeting between Finance Minister Ishaq...
SBP Increases Interest Rate By One Percent
Karachi: State Bank Of Pakistan (SBP) on Monday increased interest rate by one percent. Addressing a presser Governor SBP Jameel Ahmed said that after an...
80 Percent Karachi Without Power Owing To Electricity Breakdown
Karachi: The massive power breakdown across the country left Karachi without power almost 80 percent without electricity on Monday. The areas wtihout power included Cliftion,...
Pakistan Faces Major Power Breakdown
A fault in high-tension transmission lines between Quetta and Guddu caused a major electricity breakdown in various parts of the country on Monday. Power outage...
Famous Buisness Personality Byram D Avari Passes Away
Karachi: The famous business personality and an owner of Avari Group Byram D Awari passed away this night today. He was 81. Byram Dinshaw Avari...
SBP To Announces Monetary Policy on January 23
KARACHI: The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) will convene on January 23 to determine the policy rate, the central bank said...
Rupee Falls 51 Paisa Against US dollar
The exchange rate of the Pakistani rupee depreciated by 51 paisa against the US dollar in the interbank trading on Friday and closed at Rs...
PSX Sheds By 423 Points
KARACHI: The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Friday, losing 423.60 points, a negative change of 1.09 percent, closing...
Pakistan and Russia Agree To Sign Agreements For Promotion Of Cooperation In Diverse Fields
ISLAMABAD: Pakistan and Russia have agreed to sign few agreements for promotion of cooperation in diverse fields. The eight session of Pakistan-Russia Inter-Governmental Commission (IGC)...
Pakistan’s Foreign Reserves Rise
Snapping one of its most unnerving losing streaks in years, foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $258 million...
Govt Introducing Reforms in all Sectors to Cement Economy: Dar
Minister for Finance and Revenue Senator Mohammad Ishaq Dar held a meeting with a delegation of BB Energy headed by its Group CEO Mohamed Bassatne...
Aisha Ghaus Pasha Says Govt Wants To Revive IMF programme
ISLAMABAD: Minister of State for Finance Aisha Ghaus Pasha has said that the government wants to continue programme with the International Monetary Fund (IMF) in...
PSX Gains 44 Points, Closes at 38,831
The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 44.49 points, a positive change of 0.10 percent, closing at...
Gold Price Falls By Rs1,200 in Pakistan
The per tola price of 24 karat gold witnessed a decrease of Rs1,200 on Thursday and was traded at Rs185,300 against sale at Rs186,500 the...
Pak-Russia Inter-Govt Commission Meeting Underway On Second Day
Islamabad: Pak-Russian 8th meeting of technical consultations of Intergovernmental Commission on Trade and Economic, Scientific and Technical Cooperation is underway on second consecutive day on...