Business

The International Monetary Fund (IMF) has urged Pakistan to gradually phase out federal funding for provincial development projects under the Public Sector Development Programme (PSDP)….

As demand recovers and energy cost projections decline, Pakistan’s electricity watchdog may reduce basic power tariffs by more than Rs2 per unit in the upcoming…

The federal government announced to keep the petrol price unchanged for the next fortnight in Pakistan. According to a notification issued here, the petrol price…

Pakistan has finally received the second tranche of special drawing rights (SDR) worth 760 million ($1,023 million) from the International Monetary Fund under the extended…

Pakistan and Russia have reaffirmed commitment to deepen bilateral relations and boost parliamentary diplomacy. The reaffirmation was made during a meeting between visiting Chairman Senate…

In a significant move at bolstering Pakistan’s industrial sector and attracting foreign investment, Pakistan and Russia have reached an agreement to establish a new state-of-the-art…

The State Bank of Pakistan (SBP) has indicated a record increase in the debt of the federal government in the recently released report, raising serious…

The Pakistan Stock Exchange (PSX) opened to a sharp rally on Monday after tensions between Pakistan and India eased, with the benchmark KSE-100 index jumping…

The federal government is likely to announce substantial tax improvements in the upcoming Budget 2025, which includes the withholding tax removal on raw materials to…

The bourse opened on a positive note Friday, rebounding from Thursday’s heavy losses amid a relatively calm start to the day. Investors appeared to regain…