Economy

Governor State Bank of Pakistan (SBP) Reza Baqir said that the current account deficit (CAD) is expected to increase for the next two months and will then decrease gradually. Baqir said Pakistan was not headed […]

Following the protest from petroleum dealers, the ministry of energy and petroleum has sent the approval for an increase in the margins of oil marketing companies (OMCs) to the Economic Coordination Committee (ECC), the spokesperson […]

Gold price slipped on Thursday as the rupee ticked up from its lows, fell by Rs100 to close at Rs124,000 per tola on Thursday contrary to a rise in the international bullion market. The yellow […]

State Bank of Pakistan (SBP) Deputy Governor Murtaza Syed claimed on Wednesday that inflation in Pakistan was not being witnessed because of rupee devaluation, inviting a strong reaction from parliamentarians besides contradicting views of the […]

G20 leaders have formally endorsed the global agreement for a minimum 15 percent corporate tax, US Treasury Secretary Janet Yellen said on Saturday, hailing it as a “historic” step. “Today, every G20 head of state […]

The Ministry of Finance has admitted that Pakistan has accepted most of the International Monetary Fund’s (IMF) conditions. Finance Ministry Spokesperson Muzzammil Aslam said Saturday that Pakistan will have to ensure the implementation of the […]

Pak Suzuki Motor Company Limited (PSMCL) on Tuesday increased the price of Alto 660cc VX model by Rs63,000 to Rs1.198 million from July 7. The company, without mentioning any reason for the price hike in […]

Special Assistant to Prime Minister on Information and Broadcasting General (retd) Asim Saleem Bajwa said on Sunday work on M-8 project, also known as Gwadar-Ratodero Motorway, will commence on a top priority basis. Taking to […]