Business
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Barrick Gold seeks Supreme Court endorsement for Reko Diq deal
ISLAMABAD: The Canadian mining group, Barrick Gold Corporation, has urged the government of Pakistan to get the endorsement of the...
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Rupee loses value in interbank market amid political uncertainty in Pakistan
Islamabad: On Monday, the greenback gained value against the local currency. According to the forex report, the dollar surged by...
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Rupee gains value in interbank after IMF reaches staff-level agreement with Pakistan
KARACHI: On Thursday, the local currency gained strength as Pakistan and International Monetary Fund (IMF) reached the staff-level agreement for...
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IMF reaches staff-level agreement with Pakistan; to release $1.17bn loan tranche soon
In a positive and a much-needed development, the loan-lending body, International Monetary Fund (IMF) confirmed that it had reached a...
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SBP increases policy rate to 15pc
KARACHI: The State Bank of Pakistan (SBP) has decided to stabilise the inflation and economic situation of the country by...
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Dollar’s value surges to Rs208
KARACHI: Amid the delay in the release of the much-needed $1.85 billion tranche by the International Monetary Fund (IMF), the...
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Using your bank’s ATM to withdraw cash? Pay charges of Rs 3.13 on every transaction
KARACHI: Banks across Pakistan have decided to increase and impose new ATM transaction charges. According to the latest announcement, if...
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Government increases petroleum prices by Rs14.85 per litre
ISLAMABAD: On Thursday, the government jacked up the petroleum prices by Rs14.85 per litre. In the last two months, this...
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With IMF loan in sight, rupee gains Rs1.40 during interbank trading
KARACHI: As the deal with the International Monetary Fund (IMF) enters the final phase, the rupee continues to gain value...
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Rupee shows progress; up by Rs1.25 against dollar
KARACHI: With Pakistan's foreign reserves getting a much-needed boost, the rupee's performance against the US dollar has also improved. According...
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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...
PSX soars over 800 points, hits historic 96,700 milestone amid retail-driven surge
The Pakistan Stock Exchange (PSX) continued its bullish momentum on Wednesday, with the benchmark KSE-100 index climbing 847.17 points (0.88...
Karachi administration enforces ban on public gatherings amid IDEAS 2024
The Karachi administration has imposed a seven-day ban on all forms of public gatherings within the city, coinciding with the...
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