BUSINESS
11-month economic slump ends, as exports increase in Sept
The Pakistan Bureau of Statistics (PBS) reported an increase in exports by 1.15% to $2.465 billion in September 2023, for the first...
Pakistan’s inflation surges to 31.4% as energy costs skyrocket
Pakistan's Consumer Price Index (CPI) based inflation rate jumped to 31.4% year-on-year, rising from 27.4% in August, data from the...
Petroleum prices likely to fall from Oct 1
The petroleum prices are expected to go down from October 1 (tomorrow) following the stability in the Pakistani rupee against...
Pakistan, GCC sign ‘preliminary’ free trade agreement
Pakistan and Gulf Cooperation Council (GCC) on Friday signed free trade agreement (FTA) following the conclusion of final round of...
Govt to begin talks with IMF on quarterly review next month
Caretaker Finance Minister Dr Shamshad Akhtar has revealed that the government will begin talks with the International Monetary Fund (IMF)...
Pakistan receives first shipment of Russian LPG, Russian embassy says
Pakistan has received its first shipment of liquified petroleum gas from Russia, Moscow's embassy in Islamabad said on Tuesday, marking...
US dollar falls below 290 mark against rupee
The US dollar continued its downward spiral against the Pakistani rupee for the 16th consecutive session on Tuesday, sliding below...
US dollar depreciates to six-week low against rupee
The US dollar continued to depreciate in the interbank market on the first day of trading this week on Monday...
Nepra allows Rs3.28 per unit hike in electricity tariff for six months
The National Electric Power Regulatory Authority (Nepra) allowed state-run power distribution companies (Discos) and K-Electric to increase electricity rates by Rs3.28 per unit...
Chinese power plants using inferior coal, Nepra
The National Electric Power Regulatory Authority (Nepra) has exposed Chinese coal-fired power plants for using lower-quality imported coal, despite their...
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