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Web Desk
Feb 23, 2024

Interbank closing: rupee loses 3 paisa against dollar

Pakistani rupee demonstrated relative stability against the US dollar this week but faced persistent fluctuations, settling at PKR 279.36.

Business

Web Desk
Feb 23, 2024

Pakistan seeks $6 billion IMF loan amidst debt challenges

Pakistan is expected to pursue a new loan of at least $6 billion from the International Monetary Fund (IMF), according to a report.

Business

Web Desk
Feb 23, 2024

Friday sees stock market maintaining strength

Yesterday, the index remained positive but the growth rate was considerably slower. On the final trading day of the week (today), PSX climbed 335 points before noon.

Business

Web Desk
Feb 22, 2024

Federal cabinet approves Rs7.49 billion Ramzan Relief Package

The federal cabinet gave its nod to the Ramzan Relief Package 2024, allocating an impressive Rs7.49 billion as the holy month approaches.

Business

Web Desk
Feb 22, 2024

Over Rs75 billion recovered in crackdown against electricity theft

In a significant stride towards curbing electricity theft, Pakistan has recovered over Rs75 billion during an ongoing nationwide crackdown.

Business

Web Desk
Feb 22, 2024

Profit rates reduced for National Savings Schemes

The caretaker government has taken measures to adjust the interest rates on various national savings schemes.

Business

Web Desk
Feb 22, 2024

SSGC initiates Rs5.1 billion pipeline project to improve gas supply

Sui Southern Gas Company (SSGC) has embarked on a crucial initiative to enhance the natural gas supply to the western region of the country.

Business

Web Desk
Feb 22, 2024

Pakistan’s forex reserves drop by $4.4 million

The SBP’s reserves have decreased to $8.1 billion, contributing to a total reduction of $50 million in the country’s reserves in the last one week

Business

Web Desk
Feb 22, 2024

Pakistan plans to boost trade with Saudi Arabia to $20 billion

Caretaker Federal Minister for Commerce and Industry, Gohar Ejaz, has expressed concern over the current trade volume, stating that it falls short of expectations.