Finance
Trade deficit narrows to $17.13 billion as imports dip
Pakistan's trade deficit decreased by 32.65% to $17.13 billion in the first half of the current fiscal year due to...
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The bogies imported from China at a cost of $149 million non-functional
The $149 million worth of bogies imported from China is unable to operate on Pakistani tracks, casting doubt on the...
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Inflation spiked back up to 24.5pc in December
After briefly falling to 23.8pc in November, consumer inflation spiked back up to 24.5pc in December, having about 29pc of...
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KSE-100 gains 568 points as fertilizer, and energy stocks rise
Thanks to investor interest in the energy and fertilizer industries, shares at the Pakistan Stock Exchange (PSX) started the year...
Read moreDetailsSBP to maintain cash margin requirements for another 3 months
The State Bank of Pakistan (SBP) declared on Friday that the cash margin restrictions on the import of some 177...
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Another textile company cuts production by 40%
Suraj Cotton Mills Limited (SURC), a textile company, stated on Friday that it will reduce its production by 40% as...
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Markup rates for export financing raised to 13%
In keeping with the main policy rate, the State Bank of Pakistan (SBP) increased the markup rates for export financing...
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Pakistan expected to make debt repayments of over $1 billion
In the midst of the government's difficult battle to prevent sovereign default with very little gross foreign exchange reserves left...
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Pakistan will not default, Dar assures investors while conceding economy in ‘tight position’
Ishaq Dar, Pakistan's finance minister, promised investors at the Pakistan Stock Exchange (PSX) on Wednesday that the nation would not...
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The rupee continues downward slide against the US dollar
Tuesday's interbank market saw the US dollar continue to strengthen against the Pakistani rupee, according to the State Bank of...
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