NEW DELHI: India overtook China as the world’s biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels, a comparison

ISLAMABAD: Pak­istan is in talks with Middle Eastern banks to secure about $4 billion in loans required to meet external financial needs during the current fiscal year as part of

Telecom operators fear country may lose Rs12 billion annually if urgent measures not taken PTA says two out of seven submarine cables faulty; IT minister, PTA chief skips Senate meeting ISLAMABAD: As

ISLAMABAD: A day after securing about Rs10.5 billion through Rs5.76 per unit adjustments for two months — May and June — K-Electric on Thursday sought another Rs3.1 per unit fuel

Opposition lawmakers term budget ‘unrealistic anti-people and anti-industry’ • Bill empowering ECP to appoint retired judges to election tribunals passed • Lawmakers give themselves another raise, take away govt’s ability

KARACHI: As expected, investors resorted to profit-booking at the Pakistan Stock Exchange (PSX) on Monday after a prolonged record-breaking rally following reports of a 10% decline in remittances and an

ISLAMABAD: The ruling elite will have to realise that without overhauling its governance system and business environment, it can neither revive the economy nor achieve the goals of Agenda 2047.

KARACHI: Pakistan’s central bank is set to make a critical announcement on Tuesday as it unveils its next monetary policy statement. The domestic financial markets have undergone a notable shift