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Web Desk
Oct 23, 2024

Imports from India rise despite trade suspension

Business

Web Desk
Oct 23, 2024

Pakistan, Saudi Arabia vow to strengthen economic ties in Washington meeting

Saudi Arabia is among Pakistan’s largest trade partners in the Middle East, with bilateral trade reaching $4.5 billion in recent years.

Business

Web Desk Reuters
Oct 23, 2024

Germany bets on India to reduce reliance on China

However, German firms cite bureaucracy, corruption and India’s tax system as investment hurdles.

Business

Web Desk
Oct 23, 2024

IMF predicts decline in inflation, employment for Pakistan

The prediction is based on onging economic reforms and stabilisation efforts, aimed at mitigating the impact of high inflation and fiscal imbalances.

Business

Web Desk
Oct 22, 2024

PKR drops 5 paisa against US dollar, closes at Rs277.74

The Pakistani rupee (PKR) slightly weakened by 5 paisa, or 0.02 per cent, against the US dollar during Tuesday’s interbank trading, closing at Rs277.74 per dollar.

Business

Web Desk
Oct 22, 2024

ADB warns Pakistan’s population could exceed 400 million by 2050

Pakistan’s rapid urbanisation is creating significant challenges, with 40 per cent of the population expected to live in urban areas by 2030, according to the Asian Development Bank (ADB).

Business

Web Desk
Oct 22, 2024

PSO forgoes late payment charges for five IPPs amid power sector reforms

The government estimates that terminating these five IPPs will save around Rs 411.16 billion in future payments.

Business

Web Desk
Oct 22, 2024

Intraday trade: PKR rises 6 paisa against US dollar

The Pakistani rupee (PKR) showed a slight improvement against the US dollar (USD) on Tuesday, appreciating by 0.02 per cent during the early trading hours in the interbank market.

Business

Web Desk
Oct 22, 2024

Pakistan discusses crucial reforms in meetings with the World Bank, IMF

A delegation from Pakistan, led by Secretary of Finance Imdadullah Bosal and State Bank Governor Jameel Ahmad, attended crucial annual meetings with the World Bank and International Monetary Fund (IMF) in Washington DC.

Business

Web Desk
Oct 22, 2024

FDI in Pakistan surges by 48 per cent in first quarter of FY25

Foreign Direct Investment (FDI) in Pakistan surged by an impressive 48 per cent during the first quarter of the fiscal year 2025, according to the State Bank of Pakistan (SBP).