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KARACHI: The rupee is expected to hold a narrow range and hover around 285-286 against the dollar in the upcoming week as importers and exporters weigh the...
ISLAMABAD: Caretaker Minister for Finance Dr Shamshad Akhtar while admitting debt had reached “unsustainable” levels shared that the government is in talks with the provinces to...
KARACHI: The Pakistan Stock Exchange (PSX) Friday continued its upward trend as the KSE-100 index crossed the 59,000 barrier for the first time in its history...
ISLAMABAD: On the federal government’s request, the National Electric Power Regulatory Authority (Nepra) Thursday approved a hike of Rs1.52 per kWh surcharge for Karachi Electric (KE)...
KARACHI: Banks will now have to pay a 40% tax on windfall income generated through foreign exchange transactions in the last two years, as per the rules...
ISLAMABAD: The Islamic Development Bank (IsDB) has proposed enhanced service charges on Pakistan’s request for an additional oil financing facility but Islamabad has requested the lender...
ISLAMABAD: The government is likely to hike gas prices by 10% to 15% in its bid to reduce circular debt that currently stands at Rs1,250 billion, The...
KARACHI: The Pakistan Stock Exchange (PSX) Wednesday breached the 58,000 mark for the first time as analysts credit monetary easing and optimism surrounding the economy after...
ISLAMABAD: Amid dwindling official foreign exchange reserves despite signing a $3 billion IMF programme, Islamabad has secured $3.8 billion from multilateral and bilateral creditors in the...
KARACHI: Pakistan bonds rose to their highest level in 15 months in hopes that more international financial support is on the way after the country secures the...
