BUSINESS
Increase in power tariff to be applicable from November 1: Hammad Azhar
ISLAMABAD: The government has decided to increase the power tariff keeping in view the soaring circular debt of Pakistan, Federal...
IMF forecasts 4% growth for Pakistan in FY 2021-22
KARACHI: The International Monetary Fund (IMF) Tuesday forecast Pakistan’s GDP growth rate unchanged at 4% for the fiscal year 2021-22....
Gold price in Pakistan rises by Rs700 per tola
KARACHI: Gold prices edged higher on Wednesday as a softer rupee and a pullback in global equities lifted demand for...
IMF asks Pakistan to increase income and sales tax, regulatory duty
ISLAMABAD: Pakistan has been asked by the International Monetary Fund (IMF) to take additional taxation measures in the shape of...
Rupee continues to make modest gains against dollar
KARACHI: The rupee continued to slowly regain ground against the US dollar on Friday, with the local currency gaining 34...
$5 billion investment for textile sector in pipeline: Razak Dawood
Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood on Thursday announced that investment worth $5 billion is...
Rupee appreciates slightly against the US dollar
KARACHI: The rupee appreciated 0.05% against the US dollar in the inter-bank market on Thursday, closing the day at Rs170.87....
Rupee hits fresh low of 170.48 against US dollar
KARACHI: Pakistani currency hit a much-anticipated level of Rs170 against the US dollar in the interbank market on Wednesday. The...
KSE-100 index ends futures rollover week in red
KARACHI: In line with its performance during the week, the Pakistan Stock Exchange (PSX) on Friday lost over 200 points....
Paris Club extends Pakistan’s debt payment deadline
PARIS: The Paris Club of creditor countries said on Friday it was giving Pakistan another extension to service its debt...
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