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...

Rupee drops to 265.83 in the interbank market due to IMF concerns

KARACHI: Around 12:45 pm on Wednesday, the Pakistani rupee drops 1.65% (or Rs4.33) to Rs265.83 against the US dollar in the interbank market. The most...

Pakistan Govt unhappy as IMF shifts goalposts

Pakistan unhappy IMF: The administration has been putting on a brave face in its battle to convince the IMF to release crucial funding, but...

OGRA Increased LPG price by Rs12 per kg

KARACHI - The price of liquefied petroleum gas (LPG) was increased by Rs. 12 per kilogram on Tuesday by the Oil and Gas Regulatory...

Gold price Increase in Pakistan

Gold price in Pakistan: Tuesday saw a minor recovery from the losses of the previous day of Rs1,000 per tola, rising by Rs300 to...

Moody’s downgrades Pakistan’s rating to Caa3

Moody's downgrades Pakistan's rating: As a result of the decline in the nation's foreign exchange reserves and the increased risk of the repayment of...

The Pakistan-IMF Staff Level Agreement has been delayed

ISLAMABAD: The International Monetary Fund (IMF) and Pakistan staff-level agreement is delayed and is likely to be completed in March. Despite Islamabad satisfying the majority...

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