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Web Desk
May 23, 2024

Fruit exports bring in $274 million for Pakistan in 10 months

Pakistan’s fruit exports saw a significant rise, with a 17.85 per cent increase during the first ten months of the current fiscal year compared to the same period last year, according to the Pakistan Bureau of Statistics (PBS).

Business

Shahzad Paracha Web Desk
May 23, 2024

Pakistani automakers call for higher taxes on used car imports

Local auto industry seeks urgent remedial measures from government in upcoming budget to support domestic manufacturers

Business

Web Desk
May 23, 2024

Initial Pakistan-IMF loan discussions to end tomorrow

Pakistan and the International Monetary Fund (IMF) will conclude their initial two-week discussions for a new loan on Friday.

Business

Web Desk
May 23, 2024

Pakistan’s power sector circular debt soars to Rs2.635 trillion

Pakistan’s power sector circular debt has escalated by Rs325 billion during the initial seven months of the ongoing fiscal year, spanning from July to January 2024.

Business

Web Desk
May 23, 2024

SBP-held forex reserves increase by $21.5 million

The State Bank of Pakistan (SBP) reported a rise in its foreign exchange reserves by $21.5 million, marking a 0.24 per cent week-on-week increase, bringing the total to $9.16 billion as of May 17, 2024.

Business

Hum News Zahid Gishkori
May 23, 2024

Govt suffers Rs27 billion loss in wheat scandal: preliminary assessment report

According to the information recived by by the Hum News Investigation Team (HIT) into the wheat scandal, Pakistan has incurred a loss of Rs27 billion.

Business

Web Desk
May 23, 2024

Interbank closing: PKR gains 17 paisa against USD

Pakistani rupee (experienced a slight appreciation against the US dollar in the inter-bank market on Thursday, gaining 0.06 per cent.

Business

Web Desk
May 23, 2024

PSX breaks losing streak, closes with 157-point gain

The Pakistan Stock Exchange’s (PSX) KSE-100 index experienced a boost, rising by 157.80 points or 0.21 per cent.

Business

Web Desk
May 23, 2024

Govt expected to reduce petrol, diesel prices again

The government is poised to announce further relief in fuel prices, with petrol prices expected to drop by an additional Rs4 per litre for the first half of June 2024. This reduction aligns with a decline in international petroleum prices.