LAHORE: As Pakistan struggles to boost depleting foreign exchange reserves, the textile owners threatened the government of staging a protest due to the delay in the clearance...
LAHORE/ISLAMABAD: Pakistan could secure crude oil deal with Russia on desired discount rate if Prime Minister Shehbaz Sharif contacts Russian President Vladimir Putin, The News reported on Friday...
KARACHI: Pakistan’s foreign direct investment (FDI) shrank by 59% to $461 million in the first six months of the current fiscal year, the State Bank of Pakistan (SBP) data showed...
Gold price bounced back on Wednesday as bargain hunters took advantage of recent uncertainty, but the precious metal’s outlook was still clouded by prospects of aggressive...
KARACHI: Pakistan stocks Tuesday plunged to a 30-month low as the country’s extremely riotous political situation freaked economy-wary investors into stampeding towards the exits, resulting in...
KARACHI: The Exchange Companies Association of Pakistan (ECAP) has advised the government to “fix” the dollar rate to reduce the volatility in the currency market as...
ISLAMABAD: Pakistan is set to to hold bilateral talks with a Russian delegation, arriving tomorrow, on an oil and liquefied natural gas (LNG) trade deal for a long-term...
ISLAMABAD: Pakistan is set to to hold bilateral talks with a Russian delegation, arriving tomorrow, on an oil and liquefied natural gas (LNG) trade deal for a long-term...
KARACHI: Overseas workers’ remittances flowing into Pakistan dropped 19% in December to $2 billion from $2.52 billion recorded in the same month 2021, the central bank said on...
KARACHI: Despite the State Bank of Pakistan’s (SBP) directives about import facilitation, the banks remain hesitant in opening letters of credit (LCs) for the import of necessities, posing threat...