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Business
Rupee recovers significant ground against USD, trades for 276 in interbank
KARACHI: In line with expectations, the new IMF programme strongly defended the Pakistani currency and allowed a significant…
Approval for re-exporting removed
ISLAMABAD: In a bid to encourage foreign investors to establish storage facilities in Pakistan, the government has eliminated the…
Fitch, Moody’s warn of economic risks
Fitch Ratings and Moody’s Investors Service on Monday warned of continued threat to Pakistan’s financial sustainability, despite…
IMF deal boosts investor confidence
KARACHI: The recent breakthrough in the International Monetary Fund (IMF) deal continued to resonate with global investors for the…
IMF deal charts path to economic recovery
KARACHI: The new International Monetary Fund (IMF) loan programme of $3 billion has given an economic roadmap to Pakistan for a…
Govt must curtail expenditures: Mansha
ISLAMABAD: One of the leading businessmen of the country, Mian Muhammad Mansha, has said the federal government has no funds at…
PSX surges 5.38% after Pakistan secures IMF lifeline
KARACHI: In line with expectations, the Pakistan Stock Exchange (PSX) opened with a jump of 5.38%, or 2,231 points on Monday, the …
KSA, UAE willing to invest in Pakistan: Malik
ISLAMABAD: Minister of State for Petroleum Dr Musadik Malik on Sunday said that the Kingdom of Saudi Arabia and the United Arab…
Energy transition and reforms
ISLAMABAD: Energy transition is an ongoing global effort to decarbonise the energy sector to achieve net zero carbon emissions by…
Bilawal pushes economic diplomacy with Japan
ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari on Sunday said Pakistan and Japan had the potential to increase bilateral trade…