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Business & Economy Published 20 Aug, 2022 10:34pm

Tariff Policy Board to come up with new regulatory rates soon: Miftah Ismail

Finance minister says govt has issued SRO to reverse ban on import of luxury items in order to meet international obligations

Technology Published 19 Aug, 2022 06:54pm

CarFirst latest startup to shut down operations in Pakistan

Launched in late 2016, CarFirst acted as a middleman, buying cars from consumers and selling them to dealers through online auctions

Business & Economy Published 18 Aug, 2022 04:35pm

Rupee ends day with marginal drop against dollar

Closes at 214.95 in inter-bank market on Thursday

Pakistan Published 06 Aug, 2022 06:37pm

Punjab governor swears in 21-member cabinet

Yasmin Rashid gets health portfolio while Muraad Raas has been appointed education minister

Business & Economy Published 30 Jul, 2022 09:23pm

Coalition govt saved Pakistan from default at cost of political capital: Miftah

Finance minister says Imran Khan responsible for economic mess

Business & Economy Published 30 Jul, 2022 06:49pm

Experts see Pakistan’s inflation rate topping 24% in July

Rupee depreciation, high energy tariffs, and seasonality in prices of edible items will contribute to high CPI reading

Pakistan Published 29 Jul, 2022 06:30pm

Govt, opposition have agreed to election in October: Sheikh Rasheed

Early election, caretaker setup among politician's latest predictions

Business & Economy Updated 29 Jul, 2022 05:41pm

Rupee breaks losing streak, closes at Rs239.37 against dollar

Rising political and economic stress has kept the rupee on the receiving end against the US dollar

Technology Published 28 Jul, 2022 05:49pm

Pakistan’s DealCart announces it has raised $4.5mn in pre-seed funding

Company enables users to buy everyday essentials, locally manufactured products and fresh produce in groups

Business & Economy Published 27 Jul, 2022 09:53pm

Pakistan’s current account deficit hits $2.28bn in June

Cumulative deficit for FY22 stands at $17.4bn, 517% higher on a yearly basis

Business & Economy Updated 26 Jul, 2022 06:00pm

Rupee falls to historic low, closes near 233 against US dollar

Pakistan's $33.5-billion external financing needs are fully met for financial year 2022/23, says SBP

Business & Economy Updated 25 Jul, 2022 05:57pm

Rupee falls relentlessly, closes near 230 against US dollar

Ongoing political and economic uncertainty continue to take toll on currency

Pakistan Published 24 Jul, 2022 09:08pm

KE suspends power supply in some areas as Karachi continues to receive monsoon rains

Power will be restored when water levels subside, says the K-Electric

Business & Economy Published 23 Jul, 2022 11:49pm

Pakistan’s financing needs fully met for this year, says SBP chief

Dr Murtaza Syed reiterates that 'unwarranted' market concerns about country's financial position will dissipate in weeks

Business & Economy Published 23 Jul, 2022 03:19pm

Govt appoints 10 new SBP directors after Cabinet green light

The federal government appoints 10 directors for the SBP BoD after approval by the Cabinet on Thursday

Business & Economy Updated 22 Jul, 2022 04:34pm

Concerns about Pakistan’s economic condition are being unfairly overblown: SBP

Pakistan needs $33.5b during ongoing fiscal year, while available financing stands at $35.9b

Business & Economy Published 22 Jul, 2022 03:52pm

Rupee’s downward slide continues amid political uncertainty

Expert says sanity in Punjab Assembly not only crucial for political but rupee stability as well

Business & Economy Published 19 Jul, 2022 04:05pm

Fitch downgrades Pakistan’s outlook to negative, sees ‘considerable risks’ to IMF programme

Renewed political volatility could undermine authorities' fiscal and external adjustment, it says

Business & Economy Published 19 Jul, 2022 03:34pm

Rupee continues to take a hammering, hits 224 against US dollar

Depreciates Rs8.8 or nearly 4% in inter-bank market

Business & Economy Updated 18 Jul, 2022 07:06pm

KSE-100 plunges over 700 points over powerful Punjab uncertainty

Closes below 41,400 level on Monday

Business & Economy Published 18 Jul, 2022 05:07pm

Political uncertainty sends rupee into another downward spiral

PKR closes at record low of Rs215.2 after depreciating by nearly 2% against the dollar