Business

PIA privatization; Deadline extended for submission of declaration of interest

Amid ongoing discussions on PIA privatization, they've decided to extend the deadline for submitting interest declarations by 15 days. Federal Minister for Privatisation, Abdul Aleem Khan, asserted that the deadline...

Slashed fuel prices to offer relief to the public: Prime Minister Shehbaz shariff

Prime Minister Shehbaz Sharif announced that the inflation rate has dropped from 39 percent to 17 percent over...

India’s forex reserves rise to one-month high

India's foreign exchange reserves increased by $2.6 billion to $586.11 billion, a one-month high, according to figures released...

Govt decides to increase strategic oil reserves

The federal cabinet has decided to boost the strategic oil reserves. Govt increase oil reserves: The decision was made...

Gold rates register decrease in Pakistan

Pakistan's gold prices decreased in line with the tola price, which fell by Rs. 1,200 on the local...

Pakistan receives first tranche of $1.2bln from IMF

Pakistan got the first instalment of $1.2 billion under the SBA program from the International Monetary Fund (IMF). Pakistan receives first tranche from IMF: Following...

Rupee gains strength against USD after IMF loan approval

The International Monetary Fund (IMF)'s ratification of a $3 billion loan arrangement on Thursday, the Pakistani rupee appreciated by Rs2.33 against the US dollar. Rupee...

China-Russia June trade value at highest since Ukraine war

Chinese customs statistics revealed on Thursday that, at a time when both of the neighbours have hailed their relations as at a new high,...

IMF board scheduled to consider Pakistan’s bailout deal today

The International Monetary Fund (IMF) Executive Board will meet to discuss the $3 billion stand-by agreement with Pakistan and the disbursement of the first...

Govt to spend Rs337 billion on solar energy for tube-wells

The National Economic Council's Executive Committee on Tuesday approved a project to solarize agriculture tube wells for the benefit of the nation's farmers, costing...

Pakistan-Saudi Arabia Agreement on Oil Refinery Nears Signing

Pakistan and Saudi Arabia Set to Sign Landmark Deal, Promoting Oil Refinery Construction and Mineral Development Projects. Pakistan-Saudi Agreement on Oil Refinery: Pakistan and Saudi...

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