Business

US envoy says Exim financing to bring $2bn in mining equipment for Reko Diq

US envoy says Exim financing to bring $2bn in mining equipment for Reko Diq

ISLAMABAD: US Export-Import (Exim) Bank’s project financing will bring in up to $2 billion in high-quality US mining equipment and…
ADB revises Pakistan’s 2025 growth forecast upward to 3pc

ADB revises Pakistan’s 2025 growth forecast upward to 3pc

ISLAMABAD: The Asian Development Bank (ADB) has released its report on Pakistan’s economy. According to the ADB report, Pakistan’s GDP…
Goods transporters’ strike enters third day in Karachi

Goods transporters’ strike enters third day in Karachi

The ongoing strike by goods transporters entered its third day on Wednesday, and the supply of goods from Karachi to…
A 9300% decline of Pakistan Rupee against US dollar since 1947

A 9300% decline of Pakistan Rupee against US dollar since 1947

When Pakistan gained its independence in 1947, the exchange rate in 1 United States Dollar (USD) to Pakistan rupee (PKR)…
Gohar Ejaz demands review of expensive power plants

Gohar Ejaz demands review of expensive power plants

Economic Policy and Development Board Chairman Dr. Gohar Ejaz demanded that the current government review accords on expensive power plants,…
Share prices rally to record high at PSX

Share prices rally to record high at PSX

The investors cherished the “double delight” of surge in remittances and inflow of $1.2 billion from the International Monetary Fund…
Gold prices climb at global and local levels

Gold prices climb at global and local levels

KARACHI:  Gold prices moved upward at both international and domestic levels on Tuesday, as a rise in global bullion rates passed…
Rs40,000 Prize Bond draw results 2025 announced

Rs40,000 Prize Bond draw results 2025 announced

 The Central Directorate of National Savings has announced the complete results of the Rs40,000 Prize Bond draw held on 10…
Oil steady as supply concerns cap gains, market eyes Ukraine peace talks

Oil steady as supply concerns cap gains, market eyes Ukraine peace talks

SINGAPORE: Oil prices held steady on Wednesday after falling about 1% in the previous session, as concerns over supply outpacing…
Parliamentary committee urges reduction in high taxes on smartphones

Parliamentary committee urges reduction in high taxes on smartphones

A meeting of the National Assembly’s Standing Committee on Finance, chaired by Naveed Qamar, was held in which FBR officials…
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