BUSINESS
Imports drop by 20.15% in July-November
WEB DESK The country's trade deficit in the first five months of ongoing fiscal year 2022-23 fell by 30.14% to $14.4 billion...
NEPRA reduces power tariffs by Rs2.14 per unit for October
WEB DESK Residents of Karachi, who have been troubled by exorbitant power bills can expect some relief in their next...
SBP receives $500 million from AIIB, Ishaq Dar
WEB DESK The State Bank of Pakistan (SBP) on Tuesday received $500 million from the Asian Infrastructure Investment Bank (AIIB), confirmed...
IMF postpones talks with Pakistan seeking details of flood relief expenditure
WEB DESK Negotiations over the next tranche in the extended fund facility for Pakistan by the International Monetary Fund (IMF)...
SBP raises highest-ever interest rate of 16% amid inflation
WEB DESK With inflation spiking to the highest-ever levels, the State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) on...
Pakistan Exports increase 35% in first four months of fiscal year
WEB DESK The exports from Pakistan witnessed an increase of 35.77% during the first four months of the current fiscal year (2022-23),...
Pakistan’s Credit Default Swap by a massive 71%
WEB DESK Pakistan’s benchmark five-year Credit Default Swap (CDS) slumped by a massive 5,224 basis points to 71.64% on November 22,...
Govt cautious of allowing PSMA for sugar export
WEB DESK The federal government on Monday remained cautious of approving a request from sugar millers to allow the export...
Govt to import urea from China and Azerbaijan
WEB DESK The federal government has decided to import urea from China and Azerbaijan as it moves to shore up...
Inflation increases to an all-time high of 28.67%
WEB DESK The weekly inflation rate spiraled to an all time high of 28.67%, as it creeped up by 0.67%....
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