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KARACHI: Pakistan’s current account deficit narrowed to $8 million in September, a 98% drop from last year, as remittances from overseas Pakistanis and lower imports boosted...
ISLAMABAD: The recent two-day decline in the price of rupee against the dollar, which has now reversed, was allegedly due to manipulation by certain banks, reported The...
KARACHI: Honda Atlas Cars and Pak Suzuki Motor Company (PSMC), the two major auto manufacturers in the country, have announced a temporary shutdown of production plants...
The local currency has started depreciating against the US dollar as Pakistan received low dollar inflows in the shape of loans during the consecutive second month...
ISLAMABAD: The Pakistan Telecommunication Company Ltd (PTCL) is in discussions with a World Bank subsidiary, the International Finance Corporation (IFC), requesting a loan of approximately $400...
KARACHI: The gas tariffs are set to go up by up to 100% for different categories of consumers in line with the conditions of the International...
NEW DEHLI: Indian exporters have criticised their government for maintaining the current floor price for basmati rice, saying the move will allow Pakistan to capture the...
K-Electric on Monday stated that it was receiving “limited” supply “due to a temporary fault” in the 500 kV NKI-Jamshoro circuit of the national grid and...
ISLAMABAD: Caretaker Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar has reiterated Pakistan’s commitment to transparency for fostering investor confidence and maintaining a positive credit...
ISLAMABAD: The combined ratio of salaries, perks and operating expenses is much higher for upper grades from 17 to 22 compared to lower grades. “The combined...
