Inflation clocks in at 23-month low of 17.3% beating govt expectations
ISLAMABAD: Showing signs it has finally started cooling off, Pakistan's Consumer Price Index (CPI) based inflation was recorded at 17.3% year-on-year in April —...
Crude oil prices decrease about 1% on rise in production
DUBAI: Crude oil prices internationally experienced a downturn in the market as production surged in the United States, the world’s largest consumer of crude...
Federal Government to block mobile phone SIMs of over 500,000 non-filers
ISLAMABAD: Federal Board of Revenue (FBR), the tax watchdog of the country makes public the names of 506,671 non-filers and cellphone SIMs of these...
Petrol price slashed by Rs5.45, high-speed diesel by Rs8.42
ISLAMABAD: In a move aimed to provide relief to the common people, Prime Minister Shehbaz Sharif-led government on Tuesday night announced a massive reduction...
SBP confirms receiving $1.1 billion IMF tranche
KARACHI: The State Bank of Pakistan (SBP) on Tuesday said it had received the final $1.1 billion tranche from the International Monetary Fund (IMF)...
Premier Shehbaz declared ‘Man of Action’ by Saudi leadership
ISLAMABAD: Prime Minister Shehbaz Sharif was declared the “Man of Action” by the Saudi leadership in recognition of his commitment for revival of Pakistan’s...
Intel Shares Plunge Over 12% Amid AI-Driven Market Shift
ISLAMABAD: Intel shares fell more than 12 percent on Friday after the company gave a pessimistic outlook, and its forecasts caused investors to worry...
Demand for solar power rises in Pakistan as import glut crashes panel prices
ISLAMABAD: The price of solar panels has plummeted by over sixty per cent in Pakistan in recent weeks due to bulk imports from China...
Premier Shehbaz to attend WEF meeting in Riyadh from April 28
ISLAMABAD: Prime Minister Shehbaz Sharif is scheduled to visit Saudi Arabia on the invitation of Crown Prince Mohammed bin Salman to attend a two-day...
PSX set new record amid growing hope for interest rate cuts
KARACHI: The Pakistan Stock Exchange (PSX) has set a new record of attaining 72,000 point benchmark amid growing hope for interest rate cuts.
The benchmark...
