Business
Pakistan, Canada Hold Third Round of Investment Treaty Talks
Pakistan and Canada have opened the third round of talks on a bilateral investment treaty, with SIFC Secretary…
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Business
Markets, companies, trade and the wider economy.
Business
Petrol Cheaper by Rs5.16, Diesel by Rs7.69 From Today
Petrol is cheaper by Rs5.16 per litre and diesel by Rs7.69 from today, as OGRA announced new rates…
Business
SBP Reserves Hit $21.5bn, Rebuilt Without New Borrowing
The State Bank of Pakistan says foreign reserves have hit $21.5 billion, rebuilt without taking on new debt.
Business
Pakistan Suspends Trade With Iran Through Gabd-Rimdan and Taftan Crossings
Pakistan has suspended trade with Iran through the Gabd-Rimdan and Taftan border crossings with immediate effect, leaving hundreds…
Business
Pakistan Weighs $1 Billion LNG Imports to Avert Winter Gas Shortage
Pakistan is weighing over $1 billion in spot LNG imports to keep homes heated this winter, as Hormuz…
Business
Gold Climbs Past Rs440,000 Per Tola as Fuel Subsidy Faces Uncertain Future
Gold has crossed Rs440,000 per tola while the government's fuel relief scheme hangs in the balance between an…
Business
Power Shortfall Crosses 4,000MW as Load-Shedding Returns
Pakistan's electricity shortfall has risen above 4,000 megawatts, forcing power cuts of three to four hours in many…
Business
PSX Swings Near 165,000 as Investors Weigh Energy and Political Risks
Pakistan's benchmark KSE-100 index moved up and down around the 165,000 mark this week, with investors reacting to…
Business
Pakistan and IMF Reach Deal, Clearing $1.2 Billion Tranche
Pakistan has reached a staff-level agreement with the IMF that could release about $1.2 billion in fresh funds.
Business
IMF Urges Latin America to Cut Debt and Lift Productivity
The International Monetary Fund has urged Latin American governments to use favourable conditions to cut public debt and…
Business
Remittances Climb to $10.9 Billion in July-September
Overseas Pakistanis sent home $3.59 billion in September, up nearly 13 per cent from last year, taking first-quarter…
Business
Petrol Price Cut to Rs390.23, Diesel Up to Rs396.96 From Today
Petrol drops to Rs390.23 per litre while diesel rises to Rs396.96 from October 16. The Rs100 relief for…
Business
Pakistan Eyes Growth Above 4%, Plans $1 Billion Privatisation
The finance minister says Pakistan's economy should grow by more than 4% this year, with state firm sales…
Business
Africa Carbon Markets Summit Opens in Kigali
The Carbon Markets Africa Summit has opened in Kigali, with leaders saying Africa must move from carbon market…
Business
Oil Heads for Weekly Gain as Middle East Supply Fears Grow
Brent crude traded near $105 a barrel as tensions in the Strait of Hormuz kept traders nervous about…
Business
India and US Finalise First Phase of Trade Deal
India and the United States have finalised the first phase of a proposed trade deal, with legal drafting…
Business
Rupee Holds Steady Near Rs 277 Against the Dollar
The Pakistani rupee stayed largely stable this week, trading near Rs 277 in the interbank market as remittance…
Business
Water Shortage Raises Fears of Poor Wheat Crop
A shortage of irrigation water as the rabi season begins has raised fears of a weak wheat harvest…