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State Bank launches new eCIB system

State Bank launches new eCIB system

KARACHI: The State Bank of Pakistan has launched a new version of the Electronic Credit Information Bureau (eCIB) system V2…
Oil retreats on demand concerns after Fed signals slower easing ahead

Oil retreats on demand concerns after Fed signals slower easing ahead

SINGAPORE: Oil prices fell in Asian trade on Thursday after the U.S. Federal Reserve signalled it would slow the pace…
PSX registers largest single-day decline on profit-taking

PSX registers largest single-day decline on profit-taking

KARACHI: The capital market endured a rollercoaster session on Wednesday, as investor sentiment fluctuated sharply between optimism driven by recent…
Remittances to hit $35bn current fiscal year: FinMin Aurangzeb

Remittances to hit $35bn current fiscal year: FinMin Aurangzeb

ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb said on Wednesday remittances would cross 35 billion dollars in the ongoing fiscal year…
FDI in Pakistan rises to $219 mln in November 2024: SBP

FDI in Pakistan rises to $219 mln in November 2024: SBP

KARACHI: Pakistan recorded 31per cent surge in Foreign direct investment (FDI) in the first five months of the current fiscal…
Record year for coal use in 2024: IEA

Record year for coal use in 2024: IEA

PARIS: World coal use is set to reach an all-time high in 2024, the International Energy Agency said Wednesday, in…
Pakistan’s IT exports decline after 13-month increase

Pakistan’s IT exports decline after 13-month increase

KARACHI: Pakistan’s IT exports experienced a decline for the first time in over a year after 13 consecutive months of…
OGRA approves hike in gas prices, sends advice to govt for a nod

OGRA approves hike in gas prices, sends advice to govt for a nod

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Tuesday approved an increase in gas prices for the current fiscal…
Pakistan records 10-year-high current account surplus

Pakistan records 10-year-high current account surplus

KARACHI: Pakistan posted its highest current account surplus in nearly 10 years in November, buoyed by a reduction in the…
Smuggling of 39,000 liters of Iranian diesel foiled

Smuggling of 39,000 liters of Iranian diesel foiled

QUETTA: Customs Anti-Smuggling Marine Section successfully conducted operations in open waters, thwarting an attempt to smuggle 39,000 liters of Iranian…
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