Status quo policy rate: 9.75%
The State Bank of Pakistan (SBP) held its benchmark interest rate at 9.75% on Monday signaling a pause in the tightening cycle.
"There's...
Senate committee to take up SBP Amendment Bill on January 27
The Senate Standing Committee on Finance and Revenue will take up the State Bank of Pakistan (SBP) Amendment Bill, 2021, on January...
CPPA proposes Rs3.12 per unit increase in electricity prices
ISLAMABAD: The Central Power Purchasing Agency (CPPA) has asked National Electric Power Regulatory Authority (NEPRA) to approve an increase of Rs3.12 per...
Pakistan approves export of selected goods to Afghanistan against PKR
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday allowed the export of selected commodities to Afghanistan against Pakistani currency.
The...
SBP reserves fall by more than $0.5bn in a week
KARACHI: The central bank's foreign exchange reserves fell by $562 million, within a week, due to external debt financing and other payments,...
Govt rebases national accounts
ISLAMABAD: In an attempt to balloon up the overall Gross Domestic Product (GDP) growth figures for Fiscal Year (FY) 2021-22, the government...
Pakistan Steel Mills privatisation attracts interest from six international investors
Islamabad: Six international investors have disclosed their interest in Pakistan Steel Mills Corporation (PSMC), according to a meeting of the Privatisation Board...
IMF Board to consider Pakistan’s case on January 28
ISLAMABAD: The International Monetary Fund (IMF) Board is scheduled to meet on January 28, to consider Pakistan's sixth review under the ongoing...
Telcos deny data breach
ISLAMABAD: Telecommunication companies have denied allegations that sensitive information belonging to telecom subscribers has been leaked and is available on the internet.Â
The...
Textile exports increase by 26.05pc to $9.381bn in H1FY22
ISLAMABAD: The exports of textile commodities surged by 26.05 percent during the first half of the current fiscal year (2021-22) as compared...
Investment in tech sector vital for youth employment, national economy: PM
HARIPUR: Prime Minister Imran Khan on Monday said that the investment in technology sector was vital to create employment for the youth...
FBR fixes new valuations of immovable properties in Islamabad
ISLAMABAD: The Federal Board of Revenue (FBR) has lowered the fair market value of immovable properties in Islamabad after consultation with stakeholders,...
No 4G in AJK, GB despite spectrum auction
ISLAMABAD: Cellular companies that participated in the auction of next-generation mobile services in Azad Jammu and Kashmir (AJK) and Gilgit Baltistan (GB)...
Prices of petroleum products likely to increase by up to Rs6 per litre
Prices of petroleum products are likely to witness an increase of up to Rs6 per litre for the second half of January.
Sources...
Oladoc announces $1.8m raise to scale healthcare platform
LAHORE: Healthtech startup Oladoc on Friday claimed to have raised a $1.8 million investment in a pre-Series A round, as the healthtech...