Business
Business
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…
Finance Minister Dar Announces Completion of IMF Review, Addresses Funding Gap
Finance Minister Ishaq Dar declared on Tuesday that all procedural requirements for the ninth review of the International Monetary Fund's…
Petroleum Prices to Drop Ahead of Federal Budget 2023-24, Says Industry Insiders
Amid the rising inflation woes, the government is anticipated to slash the prices of petroleum products ahead of the federal…
IMF In Talks With Pakistan Authorities For A Board Meeting Before Financial Aid Program Expires
The International Monetary Fund (IMF) continues to liaise with Pakistani officials, aiming to schedule a board meeting before a financial…