Category: Business
Forex reserves decrease $125 million to $7.93 billion
Forex reserves decrease $125 million to $7.93 billion KARACHI: According to information issued by the central bank on Thursday, the State Bank of Pakistan’s (SBP)…
Rupee falls to a record low as import pressure increases
Rupee falls to a record low as import pressure increases KARACHI: In the interbank market on Tuesday, the value of the Pakistani rupee fell to…
Goldman Sachs considers dissolving a portion of its wealth
Goldman Sachs considers dissolving a portion of its wealth ISLAMABAD: Goldman Sachs announced on Monday that it is considering selling a portion of its wealth…
Provinces are likely to receive DISCOs from the government
Provinces are likely to receive DISCOs from the government ISLAMABAD: The caretaker federal government has made the decision to abolish the current energy sales and…
Expectations of the caretaker economic team are 240 million
Expectations of the caretaker economic team are 240 million KARACHI: Let’s be clear and concise about what to expect now that talk of early elections…
The most important component that is lacking
The most important component that is lacking ISLAMABAD: We frequently hear about our economic potential, but we hardly ever hear about our utter inability to…
Trump confirms he will skip Republican presidential
Trump confirms he will skip Republican presidential Trump said Sunday he will skip this week’s first Republican presidential debate, arguing that Americans know him well…
Foreign portfolio investors return after receiving an IMF loan
Foreign portfolio investors return after receiving an IMF loan ISLAMABAD: After the International Monetary Fund (IMF) approved a $3 billion loan program in late June…
Trade surplus with Italy jumps 97%
Trade surplus with Italy jumps 97% ISLAMABAD: During fiscal year 2022–2023, Pakistan’s trade in goods and services with Italy saw a 97.11% increase from the…
PDM govt fails to meet its deficit goal
PDM govt fails to meet its deficit goal ISLAMABAD: Pakistan’s federal budget deficit surged to a record Rs6.7 trillion in the most recent fiscal year,…