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Pakistan to stay tethered to IMF
ISLAMABAD: Pakistan would need another long-term International Monetary Fund (IMF) programme and will also have to increase…
Rupee recovers against USD as PSX crosses 57,000 points
KARACHI: The Pakistan Stock Exchange (PSX) surpassed the milestone of 57,000 points, hitting a new all-time high during early…
$10b Saudi investment to arrive soon
KARACHI, PAKISTAN:
Caretaker Federal Minister for Energy, Power and Petroleum Mohammad Ali has said that Pakistan is actively…
MSCI trims Pakistan’s weight
KARACHI: Contrary to expectations, Pakistan’s weightage in the global stock market index has been slashed in the semi-annual…
Govt allows LPG imports without inviting bids
ISLAMABAD: Despite facing criticism last year, the government is once again relying on liquefied petroleum gas (LPG) imports to…
Troubled LSM industry records modest growth
ISLAMABAD: The output of big industries marginally increased by less than 1% during the first quarter of this fiscal year, as the…
IMF seeks further power tariff hike
ISLAMABAD: Pakistan may have to further increase electricity prices and revise down its primary budget surplus of Rs417 billion…
Exports to China soar
ISLAMABAD: Pakistan’s exports of goods and services to China experienced a remarkable surge, increasing by 26.42% during the first…
IT experts advocate for national payment system
KARACHI: In a convergence of opinion, IT experts in Pakistan have extended a warm welcome to global FinTech giants like PayPal and…
Experts call for power sector reforms
LAHORE: discussion convened by the Lahore Economic Journalists Association (LEJA) titled ‘Increase in power tariffs - impact on…