FINANCE
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IMF meeting today to approve $1.17 b for Pakistan
NEWS DESK The International Monetary Fund (IMF) board meeting will be held in Washington on Monday (today) to approve the...
FATF upgrades technical compliance ratings of Pakistan
WEB DESK The Asia Pacific Group (AGP) of the Financial Action Task Force (FATF) has upgraded Pakistan’s technical compliance ratings...
Rupee continues slide, reaches Rs217.75 against dollar
KARACHI: The Pakistani rupee continued to slide against the US dollar on Tuesday, losing Re1 in the interbank market amid...
SBP maintains interest rate at 15%, highest since 2008
KARACHI: In line with the market expectations, the State Bank of Pakistan (SBP) Monday maintained the status quo in the...
Govt to put levy on petroleum products up to Rs30 per liter
ISLAMABAD: The federal government has decided to increase the petroleum levy on petrol and diesel from September as it has...
Miftah defends hike in petrol prices despite backlash from Nawaz and Zardari
ISLAMABAD: Finance Minister Miftah Ismail defended on Tuesday the federal government's decision to hike the price of petrol after backlash...
Saudi Arabia agrees to renew a $3bn loan
WEB DESK Saudi Arabia has agreed to renew a $3bn loan deposited with the State Bank of Pakistan, in an...
Denmark provides interest free loan to Pakistani formers
ISLAMABAD: Pakistan and Denmark have agreed to an inter-governmental framework whereby the former will receive interest-free loans from the latter...
Rupee continues strength against US dollar
KARACHI: The Pakistani rupee continued to strengthen against the US dollar for the seventh consecutive session during intraday trade in...
FBR to take action against unregistered retailers
KARACHI: The Federal Board of Revenue (FBR) has issued a list of 114 unregistered retailers (Tier-1) and decided to take...
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