Business
SSGCL Requests a Significant Price Increase of Rs392 per Unit
The Sui Southern Gas Company Ltd. (SSGCL) has sought to increase its prescribed prices by Rs392 per million British thermal...
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Stokes rose by over 400 points on expected IMF deal
In anticipation of a quick deal between the government and the International Monetary Fund (IMF), which would assist the cash-strapped...
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Auto parts maker Agriauto announces partial plant shutdown in March
Agriauto Industries Limited, a manufacturer of auto components, announced it will partially shut down its plant during the month of...
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Services’ trade deficit shrinks by 88.97%
The Pakistan Bureau of Statistics (PBS) announced that the services trade deficit decreased by 88.97% during the first seven months...
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SBP Raises Policy Rate to 27-Year High with 300 Basis Point Increase
In response to growing inflation, the State Bank of Pakistan (SBP) said on Thursday that it had raised the interest...
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Inflation skyrockets to over 50-year high, hits record-breaking 31.5%
The consumer price index (CPI), which measures inflation in Pakistan, shattered all prior records and soared to 31.5% in February...
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Stock Drops by 435 Points due to Delay in IMF Decision
On Wednesday, the Pakistan Stock Exchange (PSX) experienced a decline, which analysts attributed to two factors: the delay in signing...
Read moreDetailsSBP reschedules monetary policy meeting rate hike expected
The Monetary Policy Committee meeting has been announced by the State Bank of Pakistan (SBP) for March 2 — two...
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The Pakistani rupee registered a marginal gain against the US dollar
In the early hours of Monday's trade in the inter-bank market, the Pakistani rupee appreciated by 0.23% against the US...
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Govt agree to increase the interest rate by 200bps
The government of Pakistan has agreed to raise the policy (interest) rate, which now stands at 17%, by 2% or...
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