Business

$25bn loan estimated for next financial year

$25bn loan estimated for next financial year

ISLAMABAD: The government has estimated to obtain $25billion loan for next financial year in order to bring economic stability in…
PSX rallies as investor sentiment improves on budget optimism

PSX rallies as investor sentiment improves on budget optimism

The capital market rallied on Thursday as investors welcomed signals of fiscal discipline and expected relief for the salaried class…
Ministry, mills agree third-party audit of sugar costs

Ministry, mills agree third-party audit of sugar costs

ISLAMABAD: The Ministry of National Food Security and Research, led by Federal Minister Rana Tanveer Hussain, held a follow-up meeting…
Gold touches over one week-low as US court ruling eases tariff concerns

Gold touches over one week-low as US court ruling eases tariff concerns

Gold prices dropped to a more than one-week low on Thursday after a U.S. trade court blocked most of President…
Oil prices climb as US court blocks Trump tariffs

Oil prices climb as US court blocks Trump tariffs

TOKYO: Oil prices rose on Thursday after a US court blocked most of President Donald Trump’s tariffs from taking effect,…
Markets ask how soon Nippon Steel will benefit from $15 billion bid for US Steel

Markets ask how soon Nippon Steel will benefit from $15 billion bid for US Steel

TOKYO: Nippon Steel investors and analysts are asking if its $15-billion deal to buy US Steel backed but not yet…
Azerbaijan announces $2b investment in Pakistan

Azerbaijan announces $2b investment in Pakistan

Azerbaijani President Ilham Aliyev has announced a $2 billion investment in Pakistan during a trilateral summit held in Lachin with…
FinMin reviews tech-driven credit scheme for small farmers

FinMin reviews tech-driven credit scheme for small farmers

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a meeting to review the progress and receive an…
IMF predicts single-digit inflation for Pakistan over next six years

IMF predicts single-digit inflation for Pakistan over next six years

ISLAMABAD: The International Monetary Fund (IMF) projects that inflation in Pakistan will remain in the single digits at 5.6% for…
World Bank underscores need for enhanced exports of Pakistan

World Bank underscores need for enhanced exports of Pakistan

KARACHI: Pakistan’s declining export performance, despite years of tariff protection, is a threat to its competitiveness and long-term economic prospects,…
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