Economy
In a blow, Mobile phone companies stop operations in Pakistan
Pakistan’s mobile industry has been hit by a big blow as mobile phonecompanies stopped operations in the country. According to...
EconomyPakistan
Federal government increased high speed diesel levy to Rs 45/litre
The government has increased the levy on high speed diesel from today(March 1). The levy on high speed diesel has...
Economy
Gold prices registered a single day highest gain in Pakistan
KARACHI – Gold registered a single-day highest gain in the domestic marketas Pakistan rupee plunged to all-time low against the...
Economy
SBP drastically raises the benchmark interest rate to 20
KARACHI – The State Bank of Pakistan (SBP) on Thursday increased thebenchmark interest rate by a significant 300 basis points...
Economy
Federal government yet again increases electricity prices on IMF demand
ISLAMABAD – The federal government has imposed an additional surcharge ofRs3.82 per unit on electricity, in another desperate move for...
EconomyPakistan
Finance Minister breaks silence over Staff level agreement with IMF
Federal Finance Minister Ishaq Dar Thursday said the staff-level agreementwith International Monetary Fund (IMF) is expected to be finalized nextweek....
Economy
Federal government withdraws agriculture bills subsidy for farmers on IMF pressure
ISLAMABAD – The federal government has discontinued a subsidy onelectricity bills to agriculture consumers in order to meet conditionsplaced laid...
EconomyPakistan
Gold prices register yet another increase in Pakistan
KARACHI – Gold prices in domestic market continued upward trend onWednesday as rupee lost ground against the US dollar in...
EconomyPakistan
Pakistani Rupee faces massive blow against US dollar
KARACHI – Pakistani rupee’s freefall against the US dollar continued in theinterbank market on Wednesday as the local currency further...
Economy
Gold prices register further increase in Pakistan
Gold regained lost ground on Tuesday as bargain hunting trickled in afterprices dropped some day earlier in response to the...