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 hopes for IMF bailout decision in a day or two

After speaking on the phone with the head of the international lender on Tuesday, Pakistan's prime minister expressed optimism that the IMF will decide...

European shares rise as China optimism lifts miners

The price of metal increased on Tuesday, which helped miners as European equities soared. JD Sports shares fell, despite the British retailer maintaining its...

Second shipment of Russian crude oil arrives in Pakistan

In Karachi. Russia has delivered a second shipment of crude oil to Pakistan in accordance with the historic deal that the two countries signed. Second...

SBP raises key policy rate to 22%

The central bank of Pakistan increased its benchmark rate by 100 basis points to 22%, according to a statement. SBP raises key policy rate: The...

Pakistan likely to sign staff-level agreement with IMF tomorrow

Pakistan and the International Monetary Fund (IMF) are expected to sign the staff-level agreement tomorrow. Pakistan sign agreement with IMF tomorrow: Sources claim that Pakistan...

Govt imposes new taxes worth Rs 215b to meet IMF conditions

ISLAMABAD: To comply with International Monetary Fund (IMF) requirements, the federal government has added new taxes of Rs 215 billion to the budget. Govt imposes...

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