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Tag: finance

Russia and Iran signed a comprehensive strategic partnership agreement, cementing their ties in the face of growing international isolation.
World
  • Web Desk
  • Jan 18, 2025
Russia, Iran sign sweeping strategic partnership agreement

Under the terms of the pact, Russia and Iran will cooperate on defence, counter-terrorism, finance, transport, industry and agriculture.

World Bank
Pakistan
  • Khurram Iqbal
  • Dec 13, 2024
WB approves $240m in financing for Karachi water, sewerage projects

This project is part of a WB South Asia regional initiative to provide WASH services to about 100 million people across the region by 2035.

Apple stock price
Technology
  • Web Desk
  • Jun 11, 2024
Apple’s stock price hits record high following AI suite unveiling

Apple’s stock price has surpassed the $200 mark, setting a new all-time high during intraday trading on Tuesday.

IMF and process reforms
Business
  • Anusha Zahid
  • Mar 23, 2024
Will the $1.1 billion IMF payout steer Pakistan’s economy out of the woods?

Boosting country’s exports, overhauling tax system, privatisation, debt sustainability, remain some of the most pressing challenges for the new Finance minister

Misprinted banknote Rs1000
Business
  • Web Desk
  • Mar 12, 2024
NBP official discovers misprinted Rs1,000 banknotes with blank sides

A branch of the National Bank of Pakistan (NBP) has reported a concerning incident involving misprinted currency notes of Rs1,000.

Government of Pakistan repays debt
Business
  • Web Desk
  • Mar 05, 2024
Govt borrowing update: debt increases by Rs135.46 billion in one week

In the latest financial update, the government of Pakistan has added Rs135.46 billion to its debt during the week ending February 23, 2024.

Pakistani bank deposits
Business
  • Web Desk
  • Feb 26, 2024
Banks see 21% increase in overall deposits, surpassing Rs27 trillion

The total deposits held by scheduled banks in Pakistan witnessed a surge of 21.03 per cent, reaching Rs27.54 trillion.

national savings schemes
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.

Pakistan's debt and interest payments
Business
  • Web Desk
  • Feb 22, 2024
Pakistan’s debt payments hit $7.3 billion

Pakistan has revealed its debt and interest payment figures for 1HFY24, indicating significant financial obligations.

electricity prices
Business
  • Web Desk
  • Feb 13, 2024
LESCO holds meeting to address overbilling issues

In a pivotal gathering at Lesco Headquarters, Lahore Electric Supply Company (LESCO) CEO Engineer Shahid Haider orchestrated a comprehensive strategy to tackle overbilling concerns. The meeting, attended by top functional heads, aimed to address the persistent issue.

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