Business

PSX registers gains amid optimism over IMF loan tranche

PSX registers gains amid optimism over IMF loan tranche

KARACHI: The Pakistan Stock Exchange (PSX) opened in positive territory amid hopes for release of funds by the International Monetary…
SBP relaxes mortgage rules under Wazir-e-Azam’s Apna Ghar Program

SBP relaxes mortgage rules under Wazir-e-Azam’s Apna Ghar Program

The State Bank of Pakistan (SBP) has eased prudential requirements for housing finance under the government’s “Wazir-e-Azam’s Apna Ghar Program-Ghar…
SBP raises policy rate by 1 percent to 11.5 percent amid inflation pressures

SBP raises policy rate by 1 percent to 11.5 percent amid inflation pressures

The State Bank of Pakistan (SBP) has increased the policy rate by 100 basic points to 11.50 percent. The State…
IMF Executive Board to review Pakistan’s $1.2 billion disbursement on May 8

IMF Executive Board to review Pakistan’s $1.2 billion disbursement on May 8

The Executive Board of the International Monetary Fund (IMF) is set to meet on May 8 to decide on the…
PM takes notice of Transparency International’s complaint against SNGPL

PM takes notice of Transparency International’s complaint against SNGPL

Prime Minister Shehbaz Sharif has taken notice of a complaint forwarded by Transparency International Pakistan (TIP) against the Sui Northern…
Big relief for patients as prices for 35 life-saving medicines approved

Big relief for patients as prices for 35 life-saving medicines approved

After a delay of two years, the federal government has finally completed a key stage in medicine pricing by approving…
India and New Zealand sign free trade deal

India and New Zealand sign free trade deal

India and New Zealand signed a free trade deal on Monday as they seek to boost exports amid global economic…
Pakistan bans mango exports before June 1 over quality concerns

Pakistan bans mango exports before June 1 over quality concerns

ISLAMABAD: The Federal Ministry of Commerce has officially imposed a ban on mango exports before June 1, following a request…
Japanese company announces major investment in Pakistan auto parts sector

Japanese company announces major investment in Pakistan auto parts sector

KARACHI: A positive development has emerged for Pakistan’s auto industry as a multinational Japanese company announced major investment to promote…
Power division pushes Nepra to scrap solar licence fee for small users

Power division pushes Nepra to scrap solar licence fee for small users

ISLAMABAD: The Power Division has called on the National Electric Power Regulatory Authority (NEPRA) to remove the licensing requirement and…
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