Faysal Bank posts 67% growth in profit
ISLAMABAD: Faysal Bank Limited (FBL) achieved the landmark of Rs. 1 trillion in Balance Sheet footings with a record Profit Before Tax of Rs....
Petroleum products import bill shrinks by 9.27pc in 7 months of FY23
ISLAMABAD: The imports of the overall petroleum group contracted by 9.27 per cent during the first seven months of the current fiscal year (2022-23)...
Pak-Afghan Border Closure: Traders worried about spoilage of perishables
PESHAWAR: A large number of vehicles are stranded on both sides of Torkham due to Pak-Afghan border closure for third consecutive day and traders...
Pakistan’s poor should benefit from subsidies, not rich: Kristalina
ISLAMABAD: The International Monetary Fund (IMF) urged Pakistan to give relief to the people segment of the society who need them, the resources should...
SBP-IMF talks: Central Bank asked to increase forex reserves
KARACHI: After holding rounds of talks over tightening the monetary policy the International Monetary Fund (IMF) and State Bank of Pakistan (SBP) concluded to...
Sigh of relief: NEPRA notifies Rs2.32 per unit cut in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday notified a reduction of Rs2.32 per unit for Ex-WAPDA distribution companies (XWDISCOs) consumers on...
Government presents Rs 170 billion ‘mini-budget’ to unlock $1.1bn IMF loan
ISLAMABAD: Federal Government has presented ‘mini-budget’ of Rs 170 billion to unlock $1.1 billion tranche of the loan tranche of the International Monetary Fund...
Court dismisses hedge fund’s claim on Broadsheet’s $29m Pakistan money
LONDON: An Isle of Man court has dismissed a hedge fund’s attempt in taking almost the entire amount of around $29 million that Pakistan...
Federal Government approves rise in power tariff, ends subsidies for virtual IMF talks
ISLAMABAD: Federal Government has approved the increase in the power tariff and to end subsidies ahead of virtual talks with the International Monetary Fund...
Dar announces Mini-budget of Rs170bn to be imposed prior to IMF deal
ISLAMABAD: Hours after the International Monetary Fund (IMF) issued a statement on its talks with Pakistan, Finance Minister Ishaq Dar said that the parleys...
