Imran vows to seek IMF’s help after winning elections LAHORE: Former Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan said if he came into power in the... Published 26 Jan, 2023 05:58am
Editorials Policy rate hiked to 17pc: will it work? EDITORIAL: The most critical, albeit baffling, revelation made by the Governor State Bank of Pakistan (SBP) Jameel... Published 25 Jan, 2023 06:25am
Print Policy rate hiked to 17pc to rein in soaring inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ... Updated 24 Jan, 2023 09:05am
Editorials An ill-advised decision EDITORIAL: At a time Pakistan’s economic malaise is exacerbating by the day, public functionaries are in no mood ... Published 24 Jan, 2023 06:06am
Markets SBP raises key interest rate by 100bps, takes it to 17% — a 25-year high Governor SBP Jameel Ahmad announces decision at press briefing following the meeting Updated 23 Jan, 2023 10:04pm
Opinion Counting the ways to borrow Pakistan’s policy thrust today to get out of the ongoing very serious economic/financial imbroglio is, heads: seek... Published 23 Jan, 2023 05:57am
Editorials Inflation and lower output EDITORIAL: A former Finance Minister, Dr Hafiz A. Pasha, while addressing the members of Pakistan Industrial and... Published 23 Jan, 2023 05:57am
Print Oil purchases from Russia: Payments will be in currencies of ‘friendly’ states Russia’s energy minister says both sides have drafted an agreement to sort out issues like transportation, insurance, payments and loadings Updated 21 Jan, 2023 08:58am
Markets 23rd straight fall: rupee depreciates against US dollar, settles near 230 Currency loses Re0.52 to close at 229.67 in inter-bank market Updated 20 Jan, 2023 06:43pm
Pakistan PTI leaders wonder whether PDM govt will be able to make debt payments ISLAMABAD: The economic wizards of Pakistan Tehreek-e-Insaf (PTI) on Thursday questioned whether the “imported... Published 20 Jan, 2023 06:10am
Print SBP may hike rates by another 100bps to tame inflation KARACHI: State Bank looks set to raise its key policy rate by 100 basis points to 17% at its review on Monday as it... Updated 20 Jan, 2023 08:44am
Print C/A deficit dips 60pc in H1FY23 on lower imports KARACHI: The country’s current account deficit declined sharply 60 percent during the first half of this fiscal year... Updated 19 Jan, 2023 08:42am
Print World Bank delays approval of $1.1bn loans for Pakistan ISLAMABAD: The World Bank has delayed the approval of two loans for Pakistan worth $1.1 billion until the next... Updated 19 Jan, 2023 12:24pm
Print Dollar manipulation: SBP concludes probe KARACHI: The State Bank of Pakistan (SBP) has completed the investigation against private banks allegedly involved... Updated 19 Jan, 2023 11:19am
Business & Finance UAE has rolled over $2bn loan: SBP governor KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said that the UAE has rolled over $2... Updated 19 Jan, 2023 07:41am
Markets Current account deficit recorded at $0.4 billion in Dec 2022: SBP Deficit for 6MFY23 stands at $3.67 billion, compared with $9.09 billion in the same period of the previous year Published 18 Jan, 2023 09:23pm
Business & Finance Karachi’s business community comes down hard on SBP governor Demands resolution of LC crisis in meeting with central bank chief at KCCI Updated 18 Jan, 2023 07:57pm
Business & Finance Pasha warns of stagflation this year LAHORE: Noted economist and former finance minister Dr Hafiz Pasha has warned that Pakistan inflation can skyrocket... Published 18 Jan, 2023 06:22am
Print PKR declines in all the five sessions KARACHI: The rupee depreciated in all 5 sessions against the US dollar during the previous week, falling 0.44% to... Published 16 Jan, 2023 06:18am
Business & Finance Reforms, not aid pledges, needed for improving economy: BMP LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) said on Sunday that... Published 16 Jan, 2023 06:18am
Markets 18th straight loss: rupee falls marginally against US dollar Currency loses Re0.01 to close at 228.15 in inter-bank market Updated 13 Jan, 2023 09:02pm
Business & Finance Issues related to foreign exchange to be addressed soon: SBP governor KARACHI: Governor of State Bank of Pakistan (SBP) Jameel Ahmad has assured the business community of resolving the... Updated 13 Jan, 2023 10:55am
Opinion Road to self-sustainability During the last few decades, global economies have been facing tough challenges. The recent spell started in March... Updated 13 Jan, 2023 07:28am
Business & Finance PHMA calls for PM’s intervention over SBP’s restrictions LAHORE: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has lamented that the import restriction ... Published 13 Jan, 2023 06:05am
Print Crisis of shortage of raw material in industries intensifies KARACHI: The crisis of shortage of raw materials has further intensified in industries across the country due to... Updated 13 Jan, 2023 08:51am
Print Kuwait Petroleum Corporation dues: PSO asks PD to provide $220m payment ISLAMABAD: Pakistan State Oil (PSO) on Thursday asked the Petroleum Division for a payment of $220 million to Kuwait... Updated 13 Jan, 2023 08:54am
Markets SBP-held foreign exchange reserves plunge another $1.23 bn, now stand at $4.3bn Lowest level of central bank reserves since February 2014 when they stood at $3.92bn Published 12 Jan, 2023 08:32pm
Print Budgetary targets: Govt to take fiscal measures set by IMF: Dar ISLAMABAD: Finance Minister Ishaq Dar said Monday that a discussion with the International Monetary Fund (IMF) in... Updated 12 Jan, 2023 09:50pm
Editorials Foreign inflows EDITORIAL: State news agency of Kingdom of Saudi Arabia (KSA) has reported that the KSA government could increase ... Published 12 Jan, 2023 05:51am
Opinion FDI: disastrous policies This writer has been writing following in response to the news that the Government of Pakistan is considering... Published 11 Jan, 2023 06:33am
