Rupee unchanged against US dollar

The rupee remained unchanged against the US dollar, closing just above the 170 level in the inter-bank market on Friday. As per the...

Govt jacks up petrol price by Rs8.03 per litre

The Oil and Gas Regulatory Authority (OGRA) has announced a new increase in prices of POL products across the country applicable from...

Gold price leaps by Rs2,800 per tola

Gold prices on Thursday took a massive leap due to the uptrend in commodity prices in the global market as well as...

Pakistan’s public debt to GDP ratio to ease in FY22, FY23

ISLAMABAD: The World Bank has projected Pakistan’s debt to Gross Domestic Product (GDP) ratio to ease to 90.6 per cent in the...

First cargo consignment from Uzbekistan arrives via Torkham border

The first consignment of four cargo trucks carrying yarn from Uzbekistan has arrived in Pakistan on Wednesday through Torkham border. National Security Advisor...

PM announces Rs120bn subsidy package to mitigate inflation impact

Prime Minister Imran Khan on Wednesday addressed the nation and announced “the country’s biggest ever” subsidy package worth Rs120 billion, providing 30...

Implementation of ‘toughest’ FATF plan nearing completion: minister

ISLAMABAD: Minister for Energy Hammad Azhar Wednesday said that Pakistan was close to completing the action plans given by the Financial Action...

Dollar falls below Rs170 against rupee in intra-day trading

The rupee appreciation continued on Wednesday with the US dollar declining by a fresh Rs0.57 to Rs169.97 in the inter-bank market during...

FBR to launch single sales tax portal this month

ISLAMABAD: Federal Board of Revenue (FBR) is set to launch Single Sales Tax Portal during this month in order to facilitate taxpayers...

Pakistan LNG issues emergency tender after term cargoes cancelled

ISLAMABAD: State-owned Pakistan LNG Limited is seeking two liquefied natural gas (LNG) cargoes for delivery in November through an emergency tender after its...

Pak-Thailand FTA likely to be finalised by end of year: envoy

ISLAMABAD: Ambassador of Thailand to Pakistan Chakkrid Krachaiwong on Tuesday announced that the Free Trade Agreement (FTA) between Pakistan and Thailand to...

Govt asks NEPRA to increase power tariff by Rs1.39 per unit

ISLAMABAD: Power consumers are likely to face an additional burden of Rs1.39 per unit as the federal government has asked the National...

Accelerated economic recovery to continue: Economic Outlook report

ISLAMABAD: Given the performance of various economic indicators, the economic recovery that had accelerated since March 2021 is expected to continue, according...

Omar Ayub appointed ECC chairman

ISLAMABAD: Prime Minister Imran Khan on Thursday appointed Minister of Economic Affairs Omar Ayub the new chairman of the Economic Coordination Committee...

Rupee extends further gains

The Pakistani rupee continued to rebound for a second straight day as it appreciated around 0.30 per cent to close at Rs172.26...