BUSINESS
SBP maintains interest rate at 10.5% amid surging oil prices
The State Bank of Pakistan's (SBP) Monetary Policy Committee (MPC) on Monday maintained its key interest rate at 10.5%, pausing its...
Pakistan seeks $5bn oil facility, $5bn deposit rollover for 10 years from KSA
Pakistan has made eight requests to Saudi Arabia under long-term economic cooperation, including conversion of short-term existing deposits of $5...
Sindh mulls ‘limiting petrol supply’ to vehicles
Amid a possible fuel shortage due to the ongoing US-Israel war on Iran, the Sindh government has summoned a cabinet...
NEPRA hikes power tariff by Rs1.63 per unit for January
The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved a uniform increase of Rs1.6274 per unit in electricity tariffs...
No shortage of petroleum products in country, OGRA
The Oil and Gas Regulatory Authority (OGRA) on Wednesday assured the public that the country holds adequate stocks of petrol...
IMF expresses satisfaction with Pakistan’s progress
As uncertainty regarding peace and security unfolds in the region, the International Monetary Find (IMF) review team returned from the...
PM forms 18-member committee to oversee oil prices amid regional conflict
Prime Minister Shehbaz Sharif has constituted an 18-member high-level committee to oversee the impact of rising international oil prices on...
Petrol, diesel prices likely to rise by Rs7
The prices of all petroleum products were estimated to increase by Rs4.50 to Rs7 per litre on Saturday for the...
IMF team arrives in Karachi for talks on third review
A delegation of the International Monetary Fund (IMF) has arrived in Karachi to begin discussions on the third review of...
PSX extends losses as US tariffs return
The stock market extended losses on Tuesday, though a late rebound trimmed losses as value hunters stepped in after the previous...
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