Business

Business

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…

3 Min Read

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…

3 Min Read

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…

7 Min Read

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…

2 Min Read

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…

3 Min Read

Pakistan’s reserves drop 16% to $3.09bn

Pakistan continues to suffer from economic and political unrest, the rupee hit yet another record low on Thursday. The State…

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US central bank increases interest rate by quarter percentage point

The Federal Reserve said it had turned a key corner in the fight against high inflation on Wednesday. However, that…

7 Min Read

Pakistan’s inflation hits record high in January

The shortage of food products and the sharp increase in the price of petroleum products contributed to Pakistan's headline inflation…

5 Min Read

Toyota Pakistan shuts down plant till Feb 14

Toyota Pakistan, Indus Motor Company (IMC), which makes Toyota automobiles, would "completely" shut down its production factory from February 1…

1 Min Read