Business
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...
Business
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...
Business
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...
Business
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...
Business
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...
Russia begins its 2023 foreign exchange intervention
In a bid to maintain economic stability in the face of Western sanctions, Russia announced that it would resume its use of foreign exchange...
European markets falling as anxiety over a rate hike hinders a rally
Tuesday saw European markets falling as traders were more cautious ahead of a speech by Federal Reserve Chair Jerome Powell following the overnight...
Saudi Arabia will raise Pakistan’s deposit to $10 billion
In support of Pakistan's efforts to bolster its foreign exchange reserves, Saudi Arabia's Crown Prince Mohammad Bin Salman gave the go-ahead for a $10...
European markets Optimism over rate hikes and China’s reopening boost
As China reopened its borders over the weekend and as US and European data calmed concerns about aggressive tightening by central banks, European markets...
According to FBR, Pakistanis accumulated 90% dollars
According to the Federal Board of Revenue (FBR), Pakistanis accumulated 90% dollars with 10% coming through cash smuggling. In order to stop money smuggling, customs...
Prior to important U.S. jobs news, the Indian rupee declines; Treasury yields are being tracked
In anticipation of the release of the U.S. monthly jobs report, the Indian rupee declined and was trading at a lower level against the...