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World Published 20 Jun, 2022 11:57am

IMF delegation visits crisis-hit Sri Lanka with time running out

Time is short for Sri Lanka, just days away from running out of fuel

Business & Economy Published 18 Jun, 2022 10:09am

After petrol, say goodbye to govt subsidy on electricity

Notification issued on Friday

▶️ Pakistan Updated 17 Jun, 2022 05:33pm

Uncertainty over IMF package continues to devalue rupee against dollar

Analyst says demand for dollar remains high in the market

Pakistan Published 16 Jun, 2022 05:14pm

Maryam reads from IMF contract Imran Khan signed

Says government did not increase petroleum prices on its own

Business & Economy Published 12 Jun, 2022 01:50pm

Miftah to seek deferred payments for Qatari LNG

Pakistan's FX reserves dwindle as global fuel prices spike

Business & Economy Published 09 Jun, 2022 10:54am

Miftah expects staff-level accord with IMF by next week

The federal minister hopes the pact will materialize after govt presents budget tomorrow

Business & Economy Updated 07 Jun, 2022 09:31am

Twin petrol price hikes brings Pakistan ‘out of financial crisis’

Finance czar Mifah Ismail says Pakistan will not have any financial emergency

Business & Economy Updated 06 Jun, 2022 02:26pm

Pakistani rupee crosses 200 against dollar in intra-day trade

Last week, the rupee registered a 0.5% gain as govt’s ended energy subsidies

Pakistan Published 04 Jun, 2022 06:36pm

America, India and Israel hatched conspiracy against me, says Khan

Criticises govt for petrol price hike, says he resisted IMF pressure

Business & Economy Published 03 Jun, 2022 12:32pm

KSE-100 Index plunges over 750 points in intra-day trading

Moody’s Investors Service downgrades Pakistan’s outlook to negative from stable

Business & Economy Updated 03 Jun, 2022 12:11pm

Govt jacks up petrol price by another Rs30 per litre

Miftah Ismail says government still bearing losses despite massive increase in prices

World Published 01 Jun, 2022 07:45pm

Crisis-hit Sri Lanka seeking $3bn under IMF Extended Fund Facility

A $3 billion deal would represent almost four times the country’s quota with the IMF

Business & Economy Published 01 Jun, 2022 02:32pm

Pakistan’s inflation reaches 13.8% in May

CPI inflation in urban areas increases 12.4% on a year-on-year basis

Pakistan Updated 01 Jun, 2022 02:35am

Pakistan may consider buying Russian oil if no threat of sanctions: Miftah Ismail

The minister says Pakistan has asked Ukraine and Russia to sell it wheat at cheaper rates

Pakistan Published 28 May, 2022 06:38pm

Train fares may increase by 20 per cent

Pakistan Railways say latest hike in fuel prices may lead to spike

Pakistan Published 28 May, 2022 12:23pm

Increased petrol price with a ‘heavy heart’: PM Shehbaz

Says Rs28b per month has been allocated to provide relief to the low-income households

Business & Economy Published 27 May, 2022 10:48am

PSX jumps over 850 points in intra-day trading as govt jacks up petrol price

Analysts say hike in prices of petroleum products could help revive IMF programme

Business & Economy Published 26 May, 2022 04:38pm

Rupee sees another low day against US dollar, closes at Rs202.01 in inter-bank

Talks between Pakistan and IMF in Doha remained inconclusive

Business & Economy Updated 26 May, 2022 12:20pm

IMF to Pakistan: No more money until you end petrol, energy subsidy

Fuel and power subsidies remain an issue as Washington-based lender points out deviations from agreed policies

Business & Economy Published 25 May, 2022 04:03pm

Sri Lankan shares end lower as industrials weigh

The crisis-hit nation scrambling to put an economic policy framework

Business & Economy Published 25 May, 2022 03:46pm

Woes continue: Rupee hits 202 against dollar in intra-day trading

Rising political noise, delay in resumption of IMF programme continue to dent sentiment in inter-bank market.

Pakistan Updated 23 May, 2022 08:47pm

Nawaz, Maryam continue to make case for early election

PML-N leader says unwise to take on the burden of the previous govt; Maryam says fresh mandate the way to go

Business & Economy Published 23 May, 2022 03:08pm

KSE-100 sheds over 700 points in intra-day trading

Market expects SBP Monetary Policy Committee to jack up interest rate by 100 bps

Business & Economy Updated 23 May, 2022 11:33am

Pakistan hopeful of rollover of deposits from UAE, Saudi Arabia

‘Will return from Doha after signing agreement with IMF,’ says finance minister