Business
IMF satisfied with federal govt, provinces over economic performance
May 17, 2025
IMF satisfied with federal govt, provinces over economic performance
ISLAMABAD: The International Monetary Fund (IMF) on Saturday expressed satisfaction with the economic performance of the federal and provincial governments…
Pakistan April C/A surplus shrinks 99% YoY but stays above forecasts
May 17, 2025
Pakistan April C/A surplus shrinks 99% YoY but stays above forecasts
KARACHI: Pakistan posted a smaller current account surplus in April, narrowing from the previous month and the same period last…
Pakistan records over $1.61bn increase in exports
May 17, 2025
Pakistan records over $1.61bn increase in exports
Pakistan’s exports rose by over $1.61billion, with total exports reaching $26.90billion in the first ten months of the current fiscal…
Federal budget likely to be presented on June 2
May 17, 2025
Federal budget likely to be presented on June 2
ISLAMABAD: The federal budget for the fiscal year 2025-26, with an estimated outlay of around Rs20 trillion, is set to…
Moody’s downgrade U.S. sovereign credit rating
May 17, 2025
Moody’s downgrade U.S. sovereign credit rating
Moody’s downgraded the U.S. sovereign credit rating due to concerns about the nation’s growing, $36 trillion debt pile, in a…
Fuel consumers to bear Rs34bn burden as diesel freight margin increased
May 17, 2025
Fuel consumers to bear Rs34bn burden as diesel freight margin increased
While local oil refineries have continued to consume billions of rupees in deemed duty over the years, they have failed…
Gold prices in Pakistan increase for second day
May 17, 2025
Gold prices in Pakistan increase for second day
The price of gold in Pakistan and globally continued to rise for the second consecutive day. According to the All…
Wall Street advances on trade hopes, data shows investor pessimism
May 17, 2025
Wall Street advances on trade hopes, data shows investor pessimism
Wall Street’s main indexes rose for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in the week…
Singapore says its growth forecast may need further adjustment amid uncertainty
May 17, 2025
Singapore says its growth forecast may need further adjustment amid uncertainty
SINGAPORE: Singapore’s economic growth forecast may need to be adjusted further, its trade minister said, as uncertainty remains despite a…
PM Shehbaz approves reduction in import tariff for promotion of exports, investment
May 16, 2025
PM Shehbaz approves reduction in import tariff for promotion of exports, investment
ISLAMABAD: Prime Minister Shehbaz Sharif has accorded approval to a gradual but significant reduction in import tariff for the promotion…