Pakistan amongst best performers, up by 12pc on MSCI, says report
LAHORE: Despite political and external pressures, Pakistan has recorded a surge of 12 per cent on the MSCI index and 6 per...
US Congress averts historic default, approves debt-limit suspension
The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting...
Current expenditures cross annual budgeted estimation within nine months
ISLAMABAD: Despite revising the revenue targets, conducting austerity drives and not providing funds for provincial elections, the federal government's current expenditures have...
Market Daily:Â Ongoing rally sees KSE-100 rake in 2,130 pointsÂ
The Pakistan Stock Exchange (PSX) continued its winning streak as the equity market stretched Wednesday’s rally, gaining 898 points (2.19 per cent) to close the day at 41,796.
Moody’s downgrades US banks, warns of possible cuts to others
Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's...
Pakistan begins observing most expensive Ramzan everÂ
It is expected that inflation will remain around 28 to 30% in coming months  Â
Six MoUs signed during Vice-Premier He Lifeng’s visit. What do they entail?Â
MoU on Strengthening Workers' Exchange Programme was signed between the All-China Federation of Trade Unions (ACFTU) and BoI, Pakistan
Pakistan’s low insurance penetration rate reflects industry challenges
According to an article in Dawn, Pakistan's insurance industry is facing a significant challenge in reaching the country's population, despite the high...
FBR set to auction properties of iconic Bio Amla manufacturer to recover taxes
The investigation first began in 2017 with accusations of under-invoicing and tax evasion.
The Finance Minister who cried Wolf
It is becoming harder and harder to believe Mr Dar’s claims given his history of being wrong.Â
Auto sector bleeds red as dollar jumps to Rs118Â
KARACHI: The massive rupee devaluation of Rs7.5, which made the dollar to jump to Rs118, has had a negative affect on the...
Pakistan’s Economic Woes
by Abbas Murtaza Maken and Syed Shujaat Ahmed
The dearth of economic accountability and transparency in Pakistan means that the size of the...
Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147
Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."
SBP likely to yield to IMF demands, raising interest rates again
KARACHI: According to analysts, the central bank of Pakistan is likely to raise its key interest rate again in response to persistently...
APTMA sends budget proposals to finance minister
KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of...