Govt jacks up petrol price by Rs14.85 per litre
The new prices will be effective from July 1, 2022. ISLAMABAD: The federal government, once again, jacked up the price…
Economy
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Miftah Ismail says Pakistan could get $2 billion from IMF
IMF Resident Representative to Pakistan said that discussions between the Fund & Pakistan. ISLAMABAD: Finance Minister Miftah Ismail has said…
LPG price increased by Rs10 per kg
Price of commodity is falling in international market but in Pakistan it is on rise: Chairman LPG Association said. ISLAMABAD:…
India & EU resume free trade talks after nine-year gap
EU is India’s second-biggest trading partner after US. NEW DELHI: India and the European Union resumed talks Monday on a…
Pakistan & IMF to strike deal after budget approval
Pakistan requests IMF to enhance programme to $8bn instead of $6bn. ISLAMABAD: The talks between the Pakistani authorities and International…
‘Super tax’: Bloodbath at PSX as KSE-100 index plunges over 2000 points
PM Sharif announces a super-tax of 10 percent on large-scale manufacturers & industries in the country. KARACHI: The Pakistan Stock…
Oil falls more than 2% as investors weigh recession risk
China’s crude oil imports from Russia in May were up 55% from a year earlier & at a record level….
Rupee breaches 211-a-dollar barrier on delay in revival of IMF programme
“Currency will continue to fall until Pakistan manages to strike a deal IMF,” analyst says. KARACHI: The Pakistani rupee remained…
Finance Minister Leghari unveils Rs3.226trn Punjab budget after long delay
Over Rs500bn to be collected under head of provincial receipts. LAHORE: At last, Punjab’s budget was unveiled by Finance Minister…
Rupee Glides to Historic Low of 206.46 Against US Dollar
Rupee has been losing ground due to the balance of payment crisis & falling foreign exchange reserves, traders said. The…