Business
Govt plans next budget at Rs290 per dollar amid ongoing IMF talks
May 14, 2025
Govt plans next budget at Rs290 per dollar amid ongoing IMF talks
ISLAMABAD: The federal government has estimated the upcoming fiscal year’s budgets at an exchange rate of Rs290 per dollar, down…
PSX maintains momentum amid talks with IMF
May 14, 2025
PSX maintains momentum amid talks with IMF
KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday witnessed ups and downs and eventually closed in the negative zone. At…
China, US slash sweeping tariffs in trade war climbdown
May 14, 2025
China, US slash sweeping tariffs in trade war climbdown
BEIJING: The United States and China slashed sweeping tariffs on each others’ goods for 90 days on Wednesday, after a…
Bangladesh to receive $1.3 billion from IMF as reform deal reached
May 14, 2025
Bangladesh to receive $1.3 billion from IMF as reform deal reached
DHAKA: The International Monetary Fund (IMF) is set to release $1.3 billion to Bangladesh in June, after completing a fourth…
Petroleum prices likely to drop by up to Rs7 per litre
May 14, 2025
Petroleum prices likely to drop by up to Rs7 per litre
ISLAMABAD: Petroleum prices are likely to drop in upcoming fortnightly review for the month of May 2025. Sources said the…
Gold falls as easing US-China trade tensions weaken safe-haven demand
May 14, 2025
Gold falls as easing US-China trade tensions weaken safe-haven demand
Gold fell on Wednesday as de-escalation in U.S.-China trade tensions weakened safe-haven demand, while markets eyed another set of inflation…
Oil prices hold near two-week highs on trade war reprieve, weaker dollar
May 14, 2025
Oil prices hold near two-week highs on trade war reprieve, weaker dollar
BEIJING: Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the U.S. and…
Pakistan to brief IMF on defence budget amid India tensions
May 13, 2025
Pakistan to brief IMF on defence budget amid India tensions
The federal government has decided to take the International Monetary Fund (IMF) into confidence over the recent escalation in tensions…
KSE-100 surges 1,278 points, closes above 118,000 mark
May 13, 2025
KSE-100 surges 1,278 points, closes above 118,000 mark
Pakistan Stock Exchange (PSX) closed on a positive note as the benchmark KSE-100 Index surged by 1,278 points, settling at…
Federal govt’s debt hits high record: SBP
May 13, 2025
Federal govt’s debt hits high record: SBP
KARACHI: The State Bank of Pakistan (SBP) has indicated a record increase in the debt of the federal government in…