Business
Business
Pakistan’s energy sector needs $62bn to $155bn by 2030, ADB’s CAREC Energy Outlook for 2030
The Asian Development Bank (ADB) estimates Pakistan's energy investment will be between $62 billion and $155 billion by 2030. ADB's…
The week-over-week inflation in Pakistan 29%
The weekly inflation, assessed by the Sensitive Price Index (SPI), increased 28.76% for the combined income group year-on-year ending Dec…
Govt forms steering committee for Riba-free banking in Pakistan
The government formed a 14-member steering committee of religious academics, bankers, chartered accountants, and entrepreneurs to eliminate Riba within five…
Upgraded SIM biometric system launched
An upgraded biometric verification system (BVS), Multi Finger Biometric Verification System (MFBVS) has been launched to issue SIM cards to…
SBP forex reserves at lowest since April 2014
According to Thursday's figures, the State Bank of Pakistan's (SBP) foreign currency reserves are at the lowest level since April…
Three FBR officials remanded over Bajwa tax data leak
An Islamabad court remanded three FRB's suspected officials in the income tax data leak of retired Gen. Qamar Javed Bajwa.…
S&P downgrades Pakistan’s credit rating
S&P Global Ratings downgraded Pakistan's credit score due to flooding, high inflation, country's external, fiscal, and economic parameters. S&P reduced…
Oil rises on tight US stocks as winter blast hits
Oil prices climbed for a fourth straight day on Thursday with United States crude, heating oil and jet fuel stocks…
SBP cuts GDP growth prediction to 3%
The State Bank of Pakistan (SBP) has slashed projected GDP growth from the previously announced range of 3 percent for…