Business
IMF chief wants Pakistan to tax the rich not poor
February 20, 2023
IMF chief wants Pakistan to tax the rich not poor
IMF says resources should be diverted towards poor. Georgieva says wealthy shouldn’t benefit from subsidies. IMF could help Pakistan overcome its looming…
Gas crisis to aggravate as supplier refuses to deliver LNG cargo
January 23, 2023
Gas crisis to aggravate as supplier refuses to deliver LNG cargo
ENI to not deliver February’s cargo purchased at cost of 12.14%. This will result in reduced supplies to power sector.…
Gold takes a breather in Pakistan, falls Rs2,800 per tola
January 16, 2023
Gold takes a breather in Pakistan, falls Rs2,800 per tola
Gold price settles at Rs184,500 per tola in Pakistan. Analysts’ already predicted gold will see a black-swan stumble soon. Silver…
FBR assessment reveals 90% of dollars in Pakistan being hoarded
January 9, 2023
FBR assessment reveals 90% of dollars in Pakistan being hoarded
FRB member says govt making efforts for signing EDI agreements. Says vigilance increased in bordering areas to curb terror financing. FBR…
Rupee likely to stay range-bound in coming days
December 26, 2022
Rupee likely to stay range-bound in coming days
The local currency fell by 49 paisas last week. Market to monitor developments on stalled IMF programme: experts SBP’s reserves…
Russia can send natural gas to Pakistani markets: Deputy PM Novak
December 26, 2022
Russia can send natural gas to Pakistani markets: Deputy PM Novak
Russia can send gas either using Central Asian infrastructure or Iran. Moscow ready to resume gas supplies to Europe through. Moscow…
PM Shehbaz unveils Mangla dam’s refurbishment electricity project
December 5, 2022
PM Shehbaz unveils Mangla dam’s refurbishment electricity project
PM says Pakistan can not bear the high cost of energy import bills. He reveals that energy import bill has…
When is the last date to exchange old banknotes?
December 5, 2022
When is the last date to exchange old banknotes?
The old-designed large-size banknotes of Rs10, Rs50, Rs100 and Rs1,000 can be exchanged from the State Bank of Pakistan (SBP)…
Stocks close in green amid thin trade
November 21, 2022
Stocks close in green amid thin trade
Stock market traded between hope and despair.KSE-100 index gains 30.95 points to close at 42,761.19.Shares of 334 companies were traded…
Rupee’s woeful ride continues, depreciates to settle at 223.66 against dollar
November 21, 2022
Rupee’s woeful ride continues, depreciates to settle at 223.66 against dollar
Rupee value has cumulatively decreased by 1.01% in past seven working days.Local unit settles at Rs223.66 against the dollar in…