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Another possible petroleum price hike looms over August
KARACHI: Pakistan may witness another round of petroleum price hikes ranging from Rs12 to Rs22 per litre for the last 15 days of…
US investment hits decade high
LAHORE: US President’s Adviser Shahid Ahmed Khan has said that the US has been a leading investor in Pakistan for the past 20…
Inflation surges to 28.3% in July
KARACHI: Pakistan’s monthly inflation reading – the increase in price of major commodities and services grouped in consumer price…
As investment rises, IT exports surge to $2.6b
KARACHI: Pakistan’s information technology exports have increased to $2.6 billion from the earlier level of less than $1 billion…
Trade deficit shrinks by 41%
KARACHI:
Pakistan’s trade deficit, the gap between import payments and export earnings, has significantly reduced by 41% to…
Russian crude imports face constraints
KARACHI: Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite attractive…
PLL skips awarding tender to Trafigura
SINGAPORE: Pakistan LNG Limited (PLL) did not award a tender to commodities trader Trafigura, which had offered bids to deliver…
Govt to ‘harmonise’ mining rules
ISLAMABAD: Minister of State for Petroleum Musadik Malik on Monday termed the forthcoming mineral conference titled "Dust to…
PAAPAM to attend auto show in Tehran
LAHORE: A delegation of high-level members from the Pakistan Association of Automotive Parts & Manufacturers Association…
Rupee falls as import pressure mounts
KARACHI: Pakistani rupee edged down 0.07%, or Rs0.19, to Rs286.64 against the US dollar in the inter-bank market on Monday, ending…