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Business

Web Desk
Jul 20, 2024

PM Shehbaz urges speedy implementation of Chinese investment projects

Prime Minister Muhammad Shehbaz Sharif on Saturday directed authorities to expedite the implementation of agreements and Memoranda of Understanding (MoUs) signed with the Chinese government and companies, emphasising that delays would not be tolerated.

Business

Web Desk
Mar 01, 2024

Weekly inflation increases 1.27%

The Weekly Sensitive Price Indicator (SPI) for the Combined Group exhibited a notable uptick, rising by 1.27 per cent week on week (WoW) for the period ending February 29, 2024.

Business

Web Desk
Jan 21, 2024

IMF urges Pakistan to implement gas tariff hike

IMF projected that the gas tariff raise on November 1, 2023, will contribute to headline inflation in the coming months.

Business

Web Desk
Dec 15, 2023

Petrol price in Pakistan reduced by Rs14 per litre for the next two weeks

In a significant relief for the inflation-hit masses, the petrol price in Pakistan has been reduced by Rs14 per litre to Rs267.34 for the next two weeks. Conversely, the diesel price in Pakistan has experienced a reduction of Rs13.50 per litre, with the new price for diesel now standing at Rs276.21.

Business Latest

Web Desk
Dec 15, 2023

What will be new petrol, diesel prices in Pakistan for next fortnight?

In a significant development, the per-litre price of petrol in Pakistan is poised to undergo a noteworthy reduction, with expectations suggesting a decrease of Rs13.10.

Business

Web Desk
Oct 20, 2023

Weekly inflation in Pakistan witnesses largest drop since September 2022

In the latest economic update, the Weekly Sensitive Price Indicator (SPI) for the Combined Group exhibited a noteworthy decline of 1.7 per cent WoW during the week ending October 19, 2023. This decline contrasts sharply with the corresponding period from last year, showing a significant increase of 35.45 per cent Year over Year (YoY).

Business

Web Desk
Oct 09, 2023

Pakistan eyes second IMF tranche amid reforms

Pakistan is optimistic about clearing the International Monetary Fund’s (IMF) economic review next month, a milestone that could lead to the disbursement of approximately $700 million.

Business

Hum News
Oct 02, 2023

Pakistani rupee records 18th consecutive gain against US dollar, closes at Rs286.76

In a remarkable display of strength, the Pakistani rupee marked its 18th consecutive gain against the US dollar in the interbank market on Monday, gaining 0.34 per cent. According to the State Bank of Pakistan (SBP), the local currency settled at Rs286.76 after an increase of Re0.98.