ISLAMABAD: To address the reservations of a critical government ally, the Pakistan Peoples Party (PPP), Prime Minister Shehbaz Sharif has approved Rs25 billion in aid for...
KARACHI: Owing to the non-availability of dollars, commercial importers have announced to stop the import of all eatables and drinks from June 25, The News reported Monday. According...
ISLAMABAD: Pakistan Peoples’ Party (PPP) Friday called out its ruling partner, Pakistan Muslim League-Nawaz (PML-N), for presenting an “unrealistic” and “election-oriented budget”, questioning the party’s intention...
KARACHI: Moody’s Investors Service has warned that Pakistan’s ability to secure loans from bilateral and multilateral partners will be severely constrained until a new programme is negotiated...
On June 14, 2023, global energy giant Shell made a significant announcement that cast more doubts on Pakistan’s economic prospects. The multinational corporation, which has been...
KARACHI: The Pakistani government is expected to announce a cut in petrol price today for a second time this month after a decline in the ex-depot...
The gold price in Pakistan on Wednesday fell by Rs2,500 per tola in line with the drop in the international rates as well as the approaching...
ISLAMABAD: State Minister for Petroleum Musadik Malik said the government could not disclose the contractual terms of its oil purchase from Russia, but assured that Pakistan...
Shell Pakistan Limited (SPL) on Wednesday announced that its parent company, Shell Petroleum Company Limited, has notified its intent to sell its shareholding in the Pakistan...
As the coalition government struggles to meet external debt obligations, Moody’s Investors Service has warned that Pakistan is at an increased risk of failing to restart...