BUSINESS
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SBP raises highest-ever interest rate of 16% amid inflation
WEB DESK With inflation spiking to the highest-ever levels, the State Bank of Pakistan (SBP) Monetary Policy Committee (MPC) on...
Pakistan Exports increase 35% in first four months of fiscal year
WEB DESK The exports from Pakistan witnessed an increase of 35.77% during the first four months of the current fiscal year (2022-23),...
Pakistan’s Credit Default Swap by a massive 71%
WEB DESK Pakistan’s benchmark five-year Credit Default Swap (CDS) slumped by a massive 5,224 basis points to 71.64% on November 22,...
Govt cautious of allowing PSMA for sugar export
WEB DESK The federal government on Monday remained cautious of approving a request from sugar millers to allow the export...
Govt to import urea from China and Azerbaijan
WEB DESK The federal government has decided to import urea from China and Azerbaijan as it moves to shore up...
Inflation increases to an all-time high of 28.67%
WEB DESK The weekly inflation rate spiraled to an all time high of 28.67%, as it creeped up by 0.67%....
Dar allows continuing Sassta Atta initiative for KP
WEB DESK Federal Finance Minister Ishaq Dar on Tuesday allowed the continuation of Prime Minister’s Relief Package (PMRA) and Sasta...
PIA resumes its flights to Turkey after 10 years
WEB DESK To mark the 75th anniversary of Pakistan-Türkiye relations, Pakistan International Airlines (PIA) announced to resume of flights to...
SBP withdraws applications against verdict of Federal Sharia Court
WEB DESK The central bank on Saturday filed in the Supreme Court an application to withdraw its applications against the...
NEPRA increase power tariff for the consumers of Karachi
WEB DESK The National Electric Power Regulatory Authority (NEPRA) has allowed another increase of Rs0.51 per unit in the power...
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