Business

Business

Millat Tractors stopped production in Pakistan

Millat Tractors, Pakistan's largest tractor manufacturer, has stopped production due to a lack of demand. According to details, Millat Tractors…

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SBP reserves hit lowest since April 2014

As Pakistan paid external debts during a severe economic crisis, the State Bank of Pakistan's (SBP) foreign exchange reserves fell.…

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Pakistan anticipates Saudi Arabia’s deposits in a couple of days

Finance Minister Ishaq Dar stated Saudi Arabia will increase its deposits in Pakistan "within days, not weeks." The rupee continues…

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As imports fall, the trade deficit narrows to $17.13bn

In the first half of the current fiscal year, Pakistan's trade deficit shrank 32.65% to $17.13 billion as imports of…

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Pakistan’s inflation reaches 24.5pc in December

The Consumer Price Index (CPI) shows an increase in inflation in Pakistan of 24.5% in December from 12.3% last year,…

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Dar orders FBR to meet tax collection goals

Finance Minister Ishaq Dar has urged the Federal Board of Revenue (FBR) to achieve the tax collection target after missing…

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Pharmaceutical companies threaten to stage protest

The pharmaceutical companies have warned the government to begin protests on January 5 country-wide if the federal government does not…

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Pakistan decides to outsource three airports

The government resolved to hire international operators to handle Islamabad, Lahore, and Karachi airports to attract foreign investment and provide…

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The largest fortune fall in modern history

Elon Musk has endured the greatest loss of wealth in modern history, losing more than $208 billion in the last…

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