SBP's foreign exchange reserves drop to $16.2bn
The reserves decrease due to external debt and other payments
Business
Dubai regulator fines Abraaj founder Arif Naqvi $136 million
Dubai Financial Services Authority has banned Naqvi from the emirate's financial centre for 'serious failings' with respect to the firm
Public-pvt partnership board approves proposal structure for KCR project
The board reviewed key statistics and components of Karachi Circular Railway's project proposal
Oil at seven-year high as Ukraine crisis overshadows Fed
Crude prices surges, with Brent climbing above $90 a barrel or the first time in seven years
Rupee's three-day losing streak ends, currency stable against US dollar
After witnessing a fall for three consecutive sessions, Pakistan's rupee ended unchanged against the US dollar in ...
SBP governor confident IMF will revive $6b loan programme
Dr Reza Baqir says the govt has taken key measures to fulfil the International Monetary Fund's conditions
IMF postponed board meeting on Pakistan's request: Shaukat Tarin
Tarin says that Pakistan has also asked to move the earlier meeting meant to be held on January 12
PSX witnesses range-bound session due to concerns over rising Covid-19 cases
The KSE-100 index of the Pakistan Stock Exchange hit an intra-day low of 44,709 points
Oil rises to near $89 on Russia-Ukraine tension
LONDON: Oil rose to around $89 a barrel on Wednesday, within sight of a seven-year high, supported by tight supply...
Economic stability crucial to achieve foreign policy goals: FM Qureshi
The Foreign Minister says the government was working towards a more hospitable investment environment
IMF board to meet on Feb 2 for Pakistan's sixth review
Calendar had earlier showed that the sixth review would be held on January 28
IMF lowers economic forecasts for global economy
Says uncertainty about the pandemic, inflation, supply disruptions and US monetary tightening posed further risks
Ministry urges cabinet to not allow applicability of FED on cars
Industries ministry is of the view non-implementation of the condition is expected to disturb the market
Oil rises on concerns geopolitical risks could tighten supplies
Analysts note that oil price rise comes despite a drop in equities markets
PIA emerges as non-filer of FED, sales tax returns
Pakistan International Airlines (PIA) has emerged as a non-filer of Federal Excise Duty (FED ) and Sales Tax (ST)...
Pakistan's rupee continues to falter against US dollar
Pakistan's rupee weakened further against the US dollar, depreciating 0.13% in the inter-bank market on Tuesday.
As...
Govt set to further increase electricity base tariff
As per understanding with the IMF the govt will withdraw subsidy of Rs20b
Pakistan issues $1bn Islamic sukuk at 7.95% rate
The govt decided to raise over $3b from the int'l market through issuance of sukuk in budget for FY2021-22
No change in interest rate: SBP Governor Dr Reza Baqir announces monetary policy
Several developments suggest demand moderating measures are gaining traction and have improved the outlook for inflation, says Monetary Policy Committee
Gold prices increase in Pakistan, global markets
The price of 24 karat per tola gold witnessed an increase of Rs350
FIA arrests Hascol founder Mumtaz Hasan in Rs54b scam
Agency says further raids are being carried out to arrest other suspects in country's 'biggest financial fraud'
Bitcoin Skids to Six-Month Low as Fears of Ukraine Conflict Shake Markets
The largest cryptocurrency is trading down 8.8% at $33,058, its lowest since July 23
FBR to carry out survey for opening new Pak-Iran border points
The Federal Board of Revenue chairperson visited bordering areas with Iran and held interactive session with local trade community
Gulf economies to grow faster in 2022, oil price fall biggest threat
Economic growth in Qatar, Oman and Bahrain is expected to average between 3%-4% for 2022
FBR will approach SBP over refunds to EPZ foreign investors in USD
Board will seek clarification from the state bank
APTMA questions govt policy over low-yielding cotton varieties
Association argued that if there are genuine high-yielding varieties that require staple length relaxation, they should be relaxed after NCVT testing results
Honda Atlas increases car prices due to 'FED impact'
Following Pak Suzuki and Indus Motor Company, Honda Atlas Cars (Pakistan) has also increased prices across its ...
FBR chief has pledged to withdraw notices against exchange companies: Malik Bostan
KARACHI: Chairman of Federal Board of Revenue (FBR) has promised to withdraw unnecessary notices against the ...
