Business
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Pakistan reports decline in exports after 22 months
ISLAMABAD: According to the data from the Pakistan Bureau of Statistics, Pakistan has reported negative growth in merchandise exports after...
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Pakistan completes all targets of IMF for 7th and 8th review, IMF representative Esher Ruiz
Islamabad: Pakistan received a positive response from International Monetary Fund (IMF). The IMF representative in Islamabad, Esther Perez Ruiz, said...
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Dollar drops to Rs238 in interbank market, rupee gains Rs2 since Friday
After facing a decline in value for consecutive days, the local currency has started to gain strength against the US...
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PSO on verge of default, ECC approves Rs 30 billion to counter financial crisis
Islamabad: On Sunday, the Economic Coordination Committee (ECC) passed a Rs30 billion bailout to steer Pakistan State Oil (PSO) away...
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Dollar jumps to Rs240.5 in interbank market
KARACHI: On Thursday, the dollar gained a record Rs4.48 in value against the local currency and surged to Rs240.5 in...
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Brace yourself Pakistan, petroleum prices to increase in August
ISLAMABAD: Amid the conditions laid by the International Monetary Fund (IMF), Finance Minister Miftah Ismail has announced an increase in...
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Dollar increases to Rs236 in interbank market against local currency
KARACHI: On Wednesday, the US dollar continued to gain value against the local currency. The rupee touched a historic all-time...
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Govt increases gas rate for export industries by 80pc
ISLAMABAD: The coalition government has decided to hike the gas prices by 80 per cent for the export industry. The...
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Dollar soars to Rs233 in interbank market
KARACHI: On Tuesday, the rupee dropped to a new all-time low against the US dollar. The local currency is being...
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Dollar continues to rise against rupee, gold gains Rs900 in local market
KARACHI: On Monday, the local currency remained under the pressure of the political turmoil in Pakistan. The greenback gained Rs1.87...
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Young trader killed during robbery bid in Karachi
A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, according...
PSX soars over 1,200 points amid optimism on inflation and interest rate cuts
The Pakistan Stock Exchange (PSX) maintained its bullish momentum on Monday as the benchmark KSE-100 index surged 1,248.84 points, or...
PTI suspends Islamabad protest following deadly clashes, appeals for justice
The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of intense clashes in...
KSE-100 Index surges over 600 points amid banking sector rally
Bullish sentiment dominated the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index climbed 621.85 points, or 0.64 per...
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