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Business

Pakistan Railways revenue Rs. 28.263 billion and expenses Rs. 52.99 in the first quarter of fiscal year 2022-23.

Minister of State for Law and Justice Shahadat Awan stated that during the first half of the current fiscal year,…

3 Min Read

Pakistan’s pharmaceutical companies may suspend production due to liquidity issues

Pakistan's pharmaceutical companies announced on Monday that it had become "completely unsustainable" for them to produce medications and ensure their…

5 Min Read

Adani shares dive again as Indian opposition stages demos

Investors dumped more Adani stock on Monday as India's opposition staged protests calling for a full inquiry into allegations of…

3 Min Read

Oil Prices inched up in early trade

After falling by about 8% last week to more than three-week lows due to concerns over major economies, oil prices…

3 Min Read

The fiscal gap of Rs900 billion is a major stumbling block in striking a staff-level agreement

The International Monetary Fund (IMF) forecasted a fiscal gap of roughly Rs900 billion, or 1% of the country's GDP, amid…

7 Min Read

Inflation in Pakistan reaches a 14-week high

The sensitive price indicator (SPI) inflation reached a 14-week high of 2.83 percent week-over-week during the seven days that ended…

2 Min Read

Pakistan’s exports to decline by 15.4% in January 2023

Pakistan's exports fell by 15.4% to 2.2 billion in January 2023 from $2.61 billion in the same month the previous…

3 Min Read

Pakistan’s reserves drop 16% to $3.09bn

Pakistan continues to suffer from economic and political unrest, the rupee hit yet another record low on Thursday. The State…

2 Min Read

US central bank increases interest rate by quarter percentage point

The Federal Reserve said it had turned a key corner in the fight against high inflation on Wednesday. However, that…

7 Min Read