FINANCE
PIA cancels scores of flights due to shortage of funds
The operations of Pakistan International Airlines (PIA) were severely affected due shortage of funds with a number of domestic and...
Global food inflation surges, alarming figures reveal the extent of crisis
In a troubling turn of events, food prices around the world have soared, affecting countries across the spectrum. While some...
Nepra okays Rs1.46 per unit FCA in September electricity bills
As protests continue over sky-high electricity bills, the National Electric Power Regulatory Authority (Nepra) on Friday allowed the power distribution...
Nepra gives go-ahead to charge Rs1.46 per unit FCA in September’s bills
Amid protests over skyrocketing electricity bills, the National Electric Power Regulatory Authority (Nepra) on Friday gave the go-ahead to power...
Caretaker finance minister approves petrol margin increase in ECC meeting
Caretaker Finance Minister Dr Shamshad Akhtar chaired a session of the Economic Coordination Committee (ECC) during which approval has been...
Dollar faces huge blow, drops slightly in interbank
The value of the US dollar continued its downward spiral in the open market, as the greenback extended its depreciation...
Gold prices continued to decline for the second consecutive day
Gold prices in Pakistan continued to decline for the second consecutive day as the rupee shed 1.46 against the US...
US dollar reaches Rs330 in open market
In a relentless surge, the value of the US dollar against the Pakistani rupee continued to rise, reaching an unprecedented...
Annual inflation up 27.4pc year-on-year in August
Pakistan’s inflation rate stayed above target at 27.4 per cent in August, data showed on Friday, as reforms set out...
SBP deems emergency Monetary Policy Committee meeting reports ‘baseless’
The State Bank of Pakistan (SBP) on Friday categorically denied reports circulating in the media regarding an emergency meeting of...
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