Print RDA inflows rise to $7.660bn KARACHI: Gross inflows under the Roshan Digital Account (RDA) rose to $ 7.660 billion by end of March 2024 since its... Published 26 Apr, 2024 04:15am
Business & Finance C/A posts 3rd highest monthly surplus in March KARACHI: The country’s external account is performing well, posting the third highest monthly current account... Published 23 Apr, 2024 03:41am
Business & Finance Wheat import bill hits $1bn mark KARACHI: Pakistan spent some one billion dollars on the import of wheat during this fiscal year (FY24) to meet the... Published 20 Apr, 2024 04:18am
Print SBP’s reserves up $14.4m to $8.055bn KARACHI: Despite repayment of dollar one billion external debt, the State Bank of Pakistan (SBP) successfully... Updated 19 Apr, 2024 09:02am
Print 10-year Eurobond: $1bn repayment made despite dearth of forex KARACHI: Despite foreign exchange difficulties, Pakistan has successfully made timely repayment of foreign debt... Updated 14 Apr, 2024 01:57pm
Print Jul-Mar period: Govt borrowing soars to record high of Rs4.8trn Analysts say that federal government’s rising spending requirements has forced it to borrow money from scheduled banks to meet its financial requirement Updated 13 Apr, 2024 01:34pm
Business & Finance BISP beneficiaries enabled to get funds directly into their accounts KARACHI: The State Bank of Pakistan (SBP) has decided to directly pay financial assistance into the bank accounts of... Updated 09 Apr, 2024 09:48am
Business & Finance Number of credit card users drops due to high interest rates, emergence of alternate products KARACHI: The number of credit card users is on decline in the country due to the higher interest rate and emergence... Published 03 Apr, 2024 05:29am
Business & Finance Exchange companies: SBP extends cash USD import facility till June 30th KARACHI: The State Bank of Pakistan (SBP) on Friday has extended import facility of cash US dollar by the Exchange... Updated 30 Mar, 2024 08:49am
Print Feb C/A posts $128m surplus KARACHI: The country’s Current Account has presented an improved picture and recorded a surplus of $128 million in... Updated 20 Mar, 2024 09:49am
Business & Finance Policy rate kept unchanged at 22pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP), adopting a cautious approach, has... Updated 19 Mar, 2024 09:20am
Print Mixed expectations: MPS on 18th KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce the Monetary Policy next Monday (March 18) with... Updated 13 Mar, 2024 09:42am
Print Mari network: Engro, others investing $300m in gas PEF project KARACHI: Engro Fertilizers and other major fertilizer manufacturers are investing heavily worth $300 million in Gas... Updated 08 Mar, 2024 08:50am
Business & Finance Jul-Jan debt rises 6pc as govt borrowing continues Total domestic and external debt stocks reach Rs64.84 trillion at end of Jan 2024 Updated 06 Mar, 2024 10:54am
Print KIBOR falls 10 bps on lower inflation figures KARACHI: The Karachi Interbank Offered Rate (KIBOR) on Monday fell 10 basis points (bps) on lower inflation figures.... Updated 05 Mar, 2024 11:35am
Print Higher gas prices push up urea rates KARACHI: Significant gas price hike by the federal government has forced the manufacturers to adjustment in urea... Updated 01 Mar, 2024 09:41am
Business & Finance Easy house financing urged for middle-income groups Karachi: Builders and developers have urged the upcoming government and the State Bank of Pakistan (SBP) to ... Published 16 Feb, 2024 06:02am
Business & Finance H1 debt stocks jump 7.14pc to Rs65.188trn YoY KARACHI: The federal government’s total debt (domestic and external) stocks rose over Rs 4 trillion during the first... Updated 13 Feb, 2024 08:56am
Business & Finance Jan remittances up 0.6pc to $2.397bn MoM KARACHI: The country received worker’s remittance inflows of $ 2.4 billion during January 2024. The State Bank of... Published 13 Feb, 2024 05:59am
Business & Finance Auction for MTBs: Govt raises only Rs64bn against Rs480bn target KARACHI: The federal government on Tuesday raised Rs 64 billion only as against the target of Rs 480 billion through... Published 07 Feb, 2024 05:30am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?