Pakistan, Italy extends Pakistan-Italian debt swap agreement timeline
ISLAMABAD: Pakistan and Italy have reached an agreement to extend the timeline of the Pakistan-Italian Debt Swap Agreement (PIDSA) through the Exchange...
PSX surpasses 44,000 mark with strong rally
KARACHI: On Thursday, the benchmark index of the Pakistan Stock Exchange (PSX) surpassed the 44,000 mark, experiencing a significant increase of over...
Saudi Arabia says new oil cuts show teamwork with Russia is strong
Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do "whatever necessary" to support the market,...
PKR surges by Rs15 against US dollar following IMF deal
ISLAMABAD: On Tuesday, the Pakistani rupee experienced a significant gain of Rs15 against the US dollar in the interbank market. This boost...
Fitch and Moody’s sound alarm despite IMF deal
Both organisations cite need for additional financing, uncertainty regarding debt repayment and future IMF programmes
Essential medications unaffordable as pharma companies raise costs
As per DRAP’s earlier notification, pharmaceutical companies have hiked the price on essential medicinesÂ
After 7 months, inflation sees a dip. But is it a cause for celebration?
While the improvement in headline YoY numbers is eye-catching, they are primarily based on a statistical artifact
Analysis: Has the PSX seen a rally like this before?Â
As the stock market opened on the 3rd of July 2023, the index increased by 5.99% or by 2,481 points. This is...
Inflation slows down to 29.4% for first time in seven months
Inflation likely to rise due to SBP's increase in interest rate, possible IMF conditions regarding currency devaluation
PSX roars: The mechanics behind Monday’s Bull-runÂ
Trading halted due to abnormal activity within 10 minutes of the opening of the markets on a day that marked the highest ever single day increase for the exchange. Â
Sri Lanka parliament approves domestic debt restructuring plan
Sri Lanka's parliament approved a domestic debt restructuring plan on Saturday that is crucial to continue a $2.9 billion bailout from the...
Pakistan breathes a sigh of relief as IMF approves $3bn funding arrangement
The IMF has emphasized the importance of steadfast policy implementation by Pakistan
China’s tumbling industrial profits deepens economic gloom
Annual profits at China's industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes...
IMF continues discussions with Pakistani authorities for quickly reaching an agreement
The International Monetary Fund (IMF) continues discussions with Pakistani authorities with the aim of quickly reaching an agreement on financial support from...
ECNEC approves key flood protection projects worth arabs of rupees
The Executive Committee of the National Economic Council (ECNEC) met under the leadership of Senator Mohammad Ishaq Dar, the Federal Minister for...