First Cargo Of Russian Crude Oil May Delay To Next Month
ISLAMABAD:After the latter agreed to the former’s request to import a single cargo first as a test case to bridge […]
Is China Financing Help Rupee Claw Back Against Dollar?
KARACHI:The rupee is anticipates to strengthen against the dollar in the coming week because Pakistan reportedly secured financing from China […]
Pakistan Likely To Hike Tax on More Luxury Items Including Foods
BUSINESS:The government changed a summary to include additional items on the list for raising the increased General Sales Tax (GST) […]
Pakistan Weekly Inflation Surges 40%
BUSINESS:During the week ending March 2, The News reported that weekly inflation decreased by 0.30 percent and increased by 41.07 […]
Pakistan Receives $500 Mln From China
BUSINESS:As part of the $1.3 billion facility that approved by the Industrial and Commercial Bank of China (ICBC), Pakistan received […]
Internationally Gold Price Rose 0.2%, Check The Domestically Rate of Gold In Pakistan
BUSINESS:With the decline of the dollar and at a time when dealers are evaluating the possibilities that the Federal Reserve—the […]
Rupee Boost Against US Dollar After Dar’s Assurance of IMF Deal
BUSINESS:The assurances of Finance Minister Ishaq Dar that a deal will be reached with the International Monetary Fund (IMF) next […]
50,000MT Russian Wheat Arrived Gwadar Pakistan
BUSINESS:Gwadar Port Authority (GPA) Chairman Pasand Khan Buledi confirmed on Thursday that the first of the nine ships carrying 50,000 […]
Pakistan Jacks Up Interest Rate By 300bps
BUSINESS:In an off-cycle review, the benchmark interest rate was increased by 300 basis points (bps) to 20% by the State […]
Pakistan To Strike Staff-Level Agreement with IMF ‘Next Week’
BUSINESS:Ishaq Dar, the federal minister of finance and revenue, said on Thursday that Pakistan and the International Monetary Fund (IMF) […]
Asian Stocks Trading Rally Sputters As China Active, Higher U.S. Yields Weigh
BUSINESS:Internationally the Federal Reserve will keep raising interest rates to combat sticky inflation caused a rally in Asian shares to […]
Intra Day Trade Update, Rupee Slumps by 6.83 Against Dollar
KARACHI: During intra-day trade in the interbank market, the local currency lost more than Rs6.83 against the US dollar in […]
SBP Likely to Increase Interest Rates Today
BUSINESS:The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is likely to raise interest rates. The SBP […]
Pakistan Discontine Kissan Package Subsidy for Agriculture Consumers
BUSINESS: The coalition government has ended the power subsidy that was provided to consumers in agriculture as part of the conditions […]