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Business
IMF Denies Pakistan’s Request to Lower Loan Requirement: Strains Ahead
In a policy statement to the National Assembly Standing Committee on Finance, Dr. Aisha Pasha, the Minister of State for…
Pakistan’s Central Bank Eyes Digital Currency Introduction
Pakistan's central bank is making significant progress in the digital banking sector, aiming to launch a digital currency analogous to…
Significant Reduction in LPG Prices Announced by Ogra
The Oil and Gas Regulatory Authority (Ogra) announced a significant drop in liquefied petroleum gas (LPG) cost, slashing the price…
Gold Prices Drop in Pakistan Amid Rupee Appreciation
Gold prices in Pakistan plummeted sharply on Thursday due to a significant appreciation of the local currency against the dollar…
Pakistan’s Annual Inflation Hits Record High in May
Pakistan's annual inflation soared to 37.97% year-on-year in May, as the country's statistics bureau reported on Thursday. This continues the…
Pakistan International Airlines Reports Significant Loss in Q1 2023
Pakistan International Airlines (PIA) has reported a financial loss of Rs38 billion for the first quarter of 2023, a staggering…
Government Cuts Petroleum Prices By Rs. 8 -Amid Economic Pressure
The federal government has announced a decrease in petroleum product prices, cutting as much as Rs8 per litre. This announcement…
Significant Price Reduction for Ghee and Cooking Oil at Utility Stores
On Wednesday, the government announced a price reduction for different ghee and cooking oil brands at utility stores. According to…
Pakistani Rupee Faces Potential Depreciation Amid IMF Loan Programme Revival
On Tuesday, the Pakistani rupee experienced a slight uptick of 0.02% or Rs0.07, reaching Rs285.35 against the US dollar in…