Business
Stocks post second weekly loss as IMF euphoria subsides
April 30, 2022
Stocks post second weekly loss as IMF euphoria subsides
KARACHI: After losing 1,049 points in the preceding week, the Pakistan Stock Exchange (PSX) recovered as many as 520 points…
Reconstituted EAC comes under fire
April 30, 2022
Reconstituted EAC comes under fire
KARACHI: Cautiously welcoming the formation of the Economic Advisory Council (EAC), the business leaders on Friday said the body had…
Federal Shariat Court declares interest-based banking system against Sharia
April 28, 2022
Federal Shariat Court declares interest-based banking system against Sharia
The Federal Shariat Court (FSC) on Thursday announced a verdict in a long-pending case on Riba (interest), declaring the prevailing interest-based banking…
PM Shehbaz rejects summary to increase petrol prices: minister
April 28, 2022
PM Shehbaz rejects summary to increase petrol prices: minister
Prime Minister Shehbaz Sharif has rejected the Oil and Gas Regulatory Authority’s (Ogra) summary for increasing the prices of petroleum…
IT exports up 29pc to $1.94bn
April 25, 2022
IT exports up 29pc to $1.94bn
ISLAMABAD: Remittances from the IT exports, including telecommunication, computer and information services, during July to March FY22 surged by 29.26…
PTI govt borrowed $49.23bn in its 45-month stint
April 23, 2022
PTI govt borrowed $49.23bn in its 45-month stint
ISLAMABAD: Struggling with current account challenges and foreign exchange reserves, the ousted PTI government borrowed about $15.4 billion in foreign…
Miftah looking forward to early deal on seventh review
April 23, 2022
Miftah looking forward to early deal on seventh review
WASHINGTON: Finance Minister Miftah Ismail said on Friday that he was looking forward to an early agreement with the International…
Ahsan laments slow progress on CPEC projects
April 22, 2022
Ahsan laments slow progress on CPEC projects
ISLAMABAD: Terming the China-Pakistan Economic Corridor (CPEC) a top priority, Minister for Planning Development and Special Initiatives Ahsan Iqbal on…
Rupee continues slide, reaches Rs187 against dollar in interbank
April 22, 2022
Rupee continues slide, reaches Rs187 against dollar in interbank
The rupee’s downward trajectory against the US dollar continued on Thursday as the local currency plunged to Rs187 against the…
Miftah-led ECC approves Rs69bn reimbursement to oil industry
April 21, 2022
Miftah-led ECC approves Rs69bn reimbursement to oil industry
ISLAMABAD: The single-point maiden meeting of the Economic Coordination Committee (ECC) of the newly formed federal cabinet on Tuesday approved…