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...

European stocks slip on Middle East conflict

The majority of the major European stock markets opened lower as military confrontations in the Middle East prompted a rush to safe-haven assets like...

Pakistan’s exports to China increase by 5.16pc

the State Bank of Pakistan (SBP), Pakistan's exports of products and services to ChinaTincreased by 5.16 percent during the first two months of the...

Pakistan to ‘revise’ gas tariff for fertilizer sector on IMF’s demand

In response to a request from the International Monetary Fund (IMF), Pakistan is preparing to 'revise' its gas rates for the fertilizer industry, starting...

Russia lifts ban on most diesel exports

The Russian government announced that it has lifted the majority of the limitations that were implemented on September 21. The export limitations on petrol...

SBP issues clarification on bank deposits

The State Bank of Pakistan (SBP) denied claims that deposits in the banking system that are greater than Rs500,000 are risky. SBP clarification on bank...

US stocks rise as Treasury yields pull back

In New York, the perception that a dismal US private employment report reduced pressure on the Federal Reserve to raise interest rates further led...

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