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...

Iraq will permit yuan-based trade with China

Iraq trade with China: To increase access to foreign currency, Iraq's central bank announced on Wednesday that it intended to permit commerce with...

China development bank approves $700M financing for Pakistan

China bank approves $700M: Finance Minister Ishaq Dar reported on Wednesday that the Board of China Development Bank has approved a $700 million facility...

The rupee decrease 63 paisa against the dollar

In Tuesday's interbank trading, the Pakistani rupee decrease 63 paisas against the US dollar and ended the day at Rs262.51 as opposed to Rs261.88...

Govt taking steps to strengthen the economy, says PM Shehbaz

Govt taking steps to strengthen economy: According to the prime minister, Shehbaz Sharif, his administration was acting swiftly and decisively to get the economy...

Honda car prices increase again by up to Rs0.5 million

Honda car prices increase: The price of Honda vehicles has increased for the third time in two months, with the most recent increase reaching...

Rupee makes a massive Rs6.46 recovery in the interbank

Rupee recovery in interbank: The rupee's gain in the week ending February 17 was around Rs6.46, the largest recovery run since September 2022. The rupee...

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