ISLAMABAD: The authorities have started formulating a plan to restructure the much-delayed Iran-Pakistan (IP) gas pipeline project to avoid US sanctions and the $18 billion penalty...
As a result of a crackdown on currency smuggling and illegal foreign exchange trade, the Pakistani rupee has become the best-performing currency in Asia so far...
Caretaker Prime Minister Anwar-ul-Haq Kaka on Monday directed the authorities concerned to accelerate the process of privatisation of loss-making state-owned enterprises (SOEs). The prime minister made...
After indicating increased optimism about controlling global inflation brought on by the pandemic and Russia’s invasion of Ukraine in 2022, the start of a war in...
The Pakistan rupee’s winning streak against the US dollar has completed one month today (Thursday) with the local currency gaining 23.50 against the greenback since September...
Caretaker Power Minister Muhammad Ali has said that gas will only be available for eight hours in the winters amid depleting natural gas reserves in the...
ISLAMABAD: The World Bank (WB) has projected that Pakistan’s GDP growth will be at 1.7% in the current fiscal compared to the official target of 3.5%...
ISLAMABAD: Pakistan is anticipating the long-awaited $10 billion agreement with Saudi Arabia’s oil titan, Aramco, for the construction of a refinery in Hub to reach its...
ISLAMABAD: The Pakistan Bureau of Statistics (PBS) reported an increase in exports by 1.15% to $2.465 billion in September 2023, for the first time in 11 months, overturning...
ISLAMABAD: With the expectations of a high gas demand during the winters, the caretaker government is in a fix on whether it should divert costly RLNG...