Political stability after polls can boost business confidence:ADB
MANILA: The Asian Development Bank (ADB) has issued a warning that the rapidly rising prices in Pakistan will have a spillover effect on inflation in...
Weekly inflation decreases by 0.25 per cent: Report
ISLAMABAD: There has been a 0.25% decrease in the weekly inflation rate, as measured by the Sensitive Price Indicator (SPI). However, on an annual...
SBP maintains key policy rate at 22 per cent
KARACHI: The State Bank of Pakistan (SBP) Thursday announced to maintain the key policy rate at 22%. In accordance with a statement released by...
Caretaker PM announces visa relaxation for businessmen
ISLAMABAD: In an effort to create a more business-friendly environment aimed at stimulating investments, Caretaker Prime Minister Anwaar-ul-Haq Kakar issued directives on Saturday to...
SIFC apex committee approves steps for economic recovery
ISLAMABAD: The fifth session of the Special Investment Facilitation Council's (SIFC) Apex Committee held on Friday, with a particular focus on enhancing the overall...
Hike in sugar price due to LHC’s stay orders, smuggling: Report
LAHORE: The Punjab government in its confidential report has held the Lahore High Court's stay orders responsible for rise in the sugar price while...
PM Kakar for comprehensive plan for PIA’s restructuring
ISLAMABAD: On Tuesday, Caretaker Prime Minister Anwaar-ul-Haq Kakar issued clear instructions to promptly present a comprehensive plan for the restructuring of Pakistan International Airlines...
Govt increases LPG prices by Rs38.97 per kg
ISLAMABAD: The caretaker government, after a significant increase of 15 rupees in the price of petrol, has also raised the price of the LPG...
Rupee’s depreciation against dollar continues
KARACHI: On Thursday, the downward trajectory of the Pakistani rupee persisted, as it experienced a further depreciation of Rs1.09 against the US dollar within...
Caretaker finance minister rules out more subsidies
ISLAMABAD: Caretake Finance Minister Dr. Shamshad Akhtar has stated that there is no room for further subsidies to the people in IMF agreements signed...