Business
Essential items see sharp rise in prices ahead of Ramadan
March 28, 2021
Essential items see sharp rise in prices ahead of Ramadan
Essential commodities have witnessed a sharp increase in prices ahead of Ramadan causing hardships to people looking to stock up…
Weekly currency update: Pakistani rupee to hold steady
March 28, 2021
Weekly currency update: Pakistani rupee to hold steady
In the hope of financial assistance commitments made from multilateral institutions to help boost the country’s foreign exchange reserves, experts…
Iran and China sign 25-year cooperation agreement
March 28, 2021
Iran and China sign 25-year cooperation agreement
Iran and China have signed a long-gestating 25-year cooperation accord as both countries remain under Unites States sanctions. The agreement…
Pakistan strikes $1.3 billion development deal with World Bank
March 26, 2021
Pakistan strikes $1.3 billion development deal with World Bank
Pakistan has reached an agreement with World Bank to work on seven projects worth $1.3 billion aimed at improving social…
PTI government considering issuing Eurobond to raise up to $1 billion
March 26, 2021
PTI government considering issuing Eurobond to raise up to $1 billion
As the International Monetary Fund programme gets back on track, the government is mulling issuing a Eurobond in the international…
Interbank dollar closes weakest in year against rupee
March 26, 2021
Interbank dollar closes weakest in year against rupee
The greenback closes lowest in year against Pakistani rupee at Rs154.59 as the business weekend arrives Friday locking the interbank…
Govt raises profit rates on national savings schemes
March 25, 2021
Govt raises profit rates on national savings schemes
The Ministry of Finance has notified an increase in profit rates on various National Savings schemes, ARY News reported Thursday.…
Pakistan, Hungary launch trade and economic window
March 25, 2021
Pakistan, Hungary launch trade and economic window
Foreign Minister Shah Mehmood Qureshi and his Hungarian counterpart Peter Szijjarto jointly inaugurated ‘Hungary-Pakistan Trade and Economic Window’ on Thursday.…
Rupee closes 38 paisa higher against US dollar
March 25, 2021
Rupee closes 38 paisa higher against US dollar
The Pakistani rupee continued to strengthen against the United States (US) dollar in the inter-bank currency market on Thursday. According…
Islamic banking shows ‘tremendous’ 30pc growth in assets for CY2020
March 24, 2021
Islamic banking shows ‘tremendous’ 30pc growth in assets for CY2020
The State Bank of Pakistan said Wednesday it recorded the highest growth since 2015 in Islamic banking assets and deposits…