KARACHI: Pakistan’s weekly inflation reading, measured through the Sensitive Price Indicator (SPI), increased 0.38% owing to a hike in food prices in the week ended December 19, 2024. According to
KARACHI: Pakistan’s weekly inflation reading, measured through the Sensitive Price Indicator (SPI), increased 0.38% owing to a hike in food prices in the week ended December 19, 2024. According to
Prime Minister Shehbaz Sharif has instructed authorities to target tax defaulters and enforce strict measures to bring them into the tax net. His comments came during a crucial review meeting
Chinese company ADM Group has unveiled a major investment of $350 million in Pakistan, with backing from the Special Investment Facilitation Council (SIFC). As part of the initiative, ADM
Gold prices have surged both globally and locally, with a notable increase in bullion market rates. On the international front, the price of gold per ounce rose by $21,
KARACHI: The foreign exchange reserves, held by the State Bank of Pakistan, rose $31 million to $12.08 billion in the week ended December 13, 2024, according to data released by
LONDON: Oil prices rose slightly on Thursday, supported by falling US crude inventories, though gains were limited after the US Federal Reserve signalled it would slow the pace of interest
ISLAMABAD: The cabinet has given the go-ahead for signing revised agreements with eight bagasse-based independent power producers (IPPs), owned by the ruling elite and political barons. According to the
KARACHI: Meezan Bank customers are facing a surge in unauthorised transactions, with reports circulating on social media about debit and credit cards being charged on various websites without consent.
ISLAMABAD: Pakistan has taken a $300 million commercial loan at interest rates ranging from 7.2% to 7.7% – the first new non-Chinese financing facility in years, which will help
The Pakistan Cotton Ginners Association reported on Monday that the commodity output had stood at 2.18 million bales this time last year. photo: AFP KARACHI: The cotton industry stands