Business

PSX bleeds red as selling hits index

PSX bleeds red as selling hits index

KARACHI: The Pakistan Stock Exchange (PSX) witnessed volatility as selling pressure caused the benchmark KSE-100 index to lose 450 points…
Oil falls for 4th day on expectations Russia-Ukraine peace may lift supply

Oil falls for 4th day on expectations Russia-Ukraine peace may lift supply

TOKYO: Oil prices fell for a fourth day on Monday on expectations a Russia-Ukraine peace deal could ease sanctions disrupting…
Five Iraqi banks to be banned from US dollar transactions

Five Iraqi banks to be banned from US dollar transactions

DUBAI/BAGHDAD: Iraq’s central bank will ban five more local banks from engaging in US dollar transactions, a move that comes…
India vows to buy more US goods

India vows to buy more US goods

India on Monday vowed to buy more industrial goods from the United States, days after Prime Minister Narendra Modi’s US…
‘Aakhri Mauqa’: FBR chairman, experts urge caution in achieving economic growth

‘Aakhri Mauqa’: FBR chairman, experts urge caution in achieving economic growth

As the cash-strapped Pakistan navigates a tricky path to recovery, Federal Bureau of Revenue (FBR) Chairman Rashid Mahmood Langrial on…
Expansion in TGA concessions list set to drive Pakistan-Turkiye trade toward $5bn

Expansion in TGA concessions list set to drive Pakistan-Turkiye trade toward $5bn

The recent landmark agreement between the two countries to expand preferential tariff lists under the Trade in Goods Agreement (TGA)…
‘Sindh looks to provide electricity relief to masses on Bilawal’s instructions’

‘Sindh looks to provide electricity relief to masses on Bilawal’s instructions’

KARACHI: Sindh Chief Minister Murad Ali Shah said on Saturday that the provincial government was looking to provide the power…
IFC eyes $2 bln annual equity investments in Pakistan for decade

IFC eyes $2 bln annual equity investments in Pakistan for decade

ISLAMABAD: International Finance Corporation’s Chief Makhtar Diop has said that IFC is increasing equity investments and eyeing large-scale infrastructure financing…
PM Shehbaz pushes for PIA’s privatisation by June

PM Shehbaz pushes for PIA’s privatisation by June

ISLAMABAD: Following the conclusion of the International Monetary Fund’s (IMF) recent visit, Prime Minister Shehbaz Sharif directed the Privatisation Commission…
IMF mission concludes Pakistan visit, briefed on financial governance, money laundering

IMF mission concludes Pakistan visit, briefed on financial governance, money laundering

ISLAMABAD: The International Monetary Fund (IMF) analytical mission has completed its visit to Pakistan and departed after extensive discussions with…
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