Business
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Sigh of relief: Petrol price in Pakistan likely to slide down by Rs9.62
ISLAMABAD: The price of mogas is likely to drop from Rs235.98 per litre to Rs226.36 after a cut of Rs9,62...
ADB provided $1.31b to Pakistan in 2021 for social sector development
ISLAMABAD: The Asian Development Bank (ADB) provided $1.31 billion to Pakistan in terms of loan and grant during last year...
CPEC: 27 projects of $19 bn completed, 63 projects of $35.2b to be completed by 2030
SLAMABAD: Some 27 projects worth of $19 billion have so far been completed under the China Pakistan Economic Corridor...
NEPRA jacks up power tariff by Rs4.34 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) indicated another increase in the electricity tariff of the XWDISCOs by Rs4.34...
USAID to provide additional $20m to Pakistan in humanitarian assistance for floods
ISLAMABAD: United States Agency for International Development (USAID) Administrator Samantha Power announced that Washington will provide an additional $20 million...
Pak exports to be increased by $ 100b soon: Ahsan Iqbal
SLAMABAD: Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal said the incumbent government is committed to exceed Pakistan’s...
Iran offers completion of gas pipeline project with Pakistan
ISLAMABAD: Iranian Ambassador Mohammad Ali Hosseini on Tuesday offered his government’s support to complete Iran-Pakistan (IP) Gas Pipeline project and...
Govt to revise GDP targets as floods batter economy
ISLAMABAD: The government is likely to revise gross domestic product (GDP) targets due to devastating floods in the country which...
China Railway company to deliver 46 coaches to Pakistan Railways
LAHORE: Pakistan Railways will receive 46 of 230 new passenger coaches from China in December. This will be the first...
Mobile import declined 67.46pc in July 2022
ISLAMABAD: The import of mobile phones has witnessed a decrease of 67.46 percent during the first month of current fiscal...
Floods: Pakistan approaches G-20 nations to defer debt payments
ISLAMABAD: Pakistan has approached G-20 countries for relief in debt payments as the country faces devastating floods that have killed...
CPI inflation hits multi-decade high 27.3% on year in August
ISLAMABAD: Pakistan’s consumer price index (CPI) surged to a multi-decade high of 27.3% in August from a year earlier, government...
CPI inflation hits multi-decade high 27.3% on year in August
ISLAMABAD: Pakistan’s consumer price index (CPI) surged to a multi-decade high of 27.3% in August from a year earlier, government...
CPI inflation hits multi-decade high 27.3% on year in August
ISLAMABAD: Pakistan’s consumer price index (CPI) surged to a multi-decade high of 27.3% in August from a year earlier, government...
Food insecurity, economic losses: Long-term impact of deadly floods on Pakistan’s economy
KARACHI: Unprecedented flash floods, caused by historic monsoon rains, have washed away roads, crops, infrastructure and bridges in Pakistan, killing...
Petroleum prices likely to be go down from Sept 1
ISLAMABAD: The prices of petroleum products are likely to go down by up to Rs10 per litre from September 1...
HBL, BoP, Bank Islami, U Bank ranked highest in agriculture credit performance FY22
KARACHI: HBL, Bank of Punjab, Bank Islami and U Microfinance Bank stood first in their categories in agriculture-credit performance FY22...
Weekly inflation surges to record high of 44.6pc on YoY basis
ISLAMABAD: The weekly review of the sensitive price index (SPI) has highlighted a record increase in inflation up to 44.58%...
Govt taking measures to keep growth momentum intact: Outlook
ISLAMABAD: The government is taking all possible measures to counter high inflationary and external sector pressures so that the growth...
At SCO interbank moot, HBL chairman calls for regional clearing system to facilitate trade
TASHKENT: Habib Bank Limited (HBL) Chairman Sultan Ali Allana called for a regional clearing system, which can allow member countries...
