Pakistan mulls revising NFC award to align with IMF conditions: sources
The Government of Pakistan is weighing significant revisions to the National Finance Commission (NFC) Award following IMF pressure to curb the federal deficit and address…
Business
S. M. Tanveer expresses concerns over wastage of precious water resources
S. M. Tanveer has expressed concerns over a staggering 1.5 million acre-feet (MAF) of water was wasted in just seven days from the Kotri Barrage,…
Bulls drive Pakistan Stock Exchange past historic 149,000-point milestone
The Pakistan Stock Exchange (PSX) on Tuesday hit a historic landmark as the benchmark KSE-100 index crossed the 149,000 barrier for the first time, buoyed…
Global media highlights how crypto diplomacy strengthens Pakistan-US ties
Pakistan’s pioneering crypto diplomacy is starting to show results, earning recognition in Washington and creating new avenues for investment. According to the British daily Financial…
KE announces load-shedding exemption for select Karachi areas
In a major development, K-Electric has announced load-shedding exemptions for key business areas in Karachi, including Jama Cloth Market and Burns Road. The move marks…
Ministry approves import of 85,000 tons of sugar to curb price hike
The government has approved the import of 85,000 metric tons of sugar to meet domestic demand and stabilize local sugar prices. According to a statement…
Moody’s rating boost drives Pakistan Stock Exchange higher
The Pakistan Stock Exchange (PSX) began Friday’s session on a strong footing, with investor sentiment buoyed by Moody’s decision to upgrade Pakistan’s credit rating. By…
Pakistani rupee strengthens against US dollar in interbank trading
The Pakistani rupee continued its upward trend against the US dollar on Friday, gaining 32 paisas during the early hours of trading in the interbank…
Diesel expected to get cheaper, petrol prices to rise slightly
The price of high-speed diesel (HSD) is likely to fall by about Rs11.50 per litre, while petrol may see an increase of Rs1.40 per litre…
Finance minister sees ‘scope’ for interest rate cut by year-end
Finance Minister Muhammad Aurangzeb on Wednesday expressed optimism that there was scope to reduce the monetary policy rate before the end of this year. Speaking…