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Business
IMF issues statement on Pakistan’s IMF Program
In a statement released on Friday, the IMF's mission chief Nathan Porter stated that for Pakistan to regain macroeconomic stability…
Petroleum minister blames traders and hoarders for creating a shortage of petroleum products
Minister of State for Petroleum, Dr. Musadiq Malik, warned of "dire consequences" for hoarders of petroleum products. "The country has…
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,…
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…
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…
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…
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…
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…
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…