Business & Finance Jul-Oct C/A deficit dips sharply KARACHI: The country’s current account deficit fell sharply 66 percent during the first four months of this fiscal... Published 21 Nov, 2023 06:01am
Print Urea tender validity extended till Monday: All bidders match the lowest bid price KARACHI: All bidders of the urea import tender, conducted by the Trading Corporation of Pakistan (TCP), have matched... Updated 18 Nov, 2023 09:07am
Print T-bills cut-off yield down up to 50bps KARACHI: The cut-off yield on short-term government papers declined up to 50 basis points (bps) in the auction held... Updated 16 Nov, 2023 09:25am
Print Sept debt stocks down 2.6pc to Rs62.291trn MoM KARACHI: The federal government’s total debt (domestic and external) stocks recorded a decline of 2.6 percent in... Updated 11 Nov, 2023 08:55am
Business & Finance Oct remittances up 9.6pc to $2.463bn YoY KARACHI: Inflows of workers’ remittances recorded a notable 10 percent growth during October 2023 compared to the... Published 11 Nov, 2023 06:30am
Business & Finance ‘Private sector is in the field’ There’s no plan to import wheat thru TCP: official KARACHI: The federal government has no plan to import wheat through Trading Corporation of Pakistan (TCP) as the... Published 10 Nov, 2023 03:07am
Print Deals on import of over 1.3MMTs of wheat sealed KARACHI: Pakistani traders have finalized deals for the import of over 1.3 million metric tons of wheat to meet the... Updated 01 Nov, 2023 09:02am
Business & Finance Policy rate kept unchanged on inflation, C/A KARACHI: While maintaining the policy rate at 22 percent, the Monetary Policy Committee (MPC) of the State Bank of... Published 31 Oct, 2023 05:26am
Business & Finance Cash transactions at BB locations: Biometric verification of accountholders a must: SBP KARACHI: The State Bank of Pakistan (SBP) has made Biometric Verification (BV) of accountholders mandatory for all... Published 26 Oct, 2023 06:08am
Print SBP expects increase in home remittances KARACHI: With a significant increase in the labour migration, the State Bank of Pakistan (SBP) is expecting... Updated 25 Oct, 2023 08:42am
Business & Finance External debt servicing soars to record level in FY23 KARACHI: Pakistan’s external debt servicing soared to record level of some $18 billion mark in the last fiscal ... Published 24 Oct, 2023 05:05am
Business & Finance Experts say investment in healthcare sector to help promote medical tourism KARACHI: Investment in the healthcare sector not only saves the citizens’ precious lives but will also promote the... Published 17 Oct, 2023 05:51am
Print Sept workers’ remittances up 5pc to $2.206bn MoM KARACHI: Inflows of workers’ remittances posted an increase of over 5 percent in September 2023 compared to August... Updated 11 Oct, 2023 11:03am
Business & Finance Technology upgradation to boost operations: Faysal Bank plans to expand its branch network to 1,000 KARACHI: Pakistan’s first fully conventional to Islamic converted bank, Faysal Bank Limited (FBL) has planned to... Published 10 Oct, 2023 06:19am
Business & Finance Govt debt stocks hit historic high of Rs64trn by Aug-end KARACHI: The federal government’s total debt (domestic and external) stocks continued upward journey, reaching... Updated 06 Oct, 2023 09:29am
Technology Adoption of digital payments can boost GDP by 7pc: study KARACHI: National adoption of digital payments in Pakistan by 2025 can boost gross domestic product (GDP) by 7... Published 04 Oct, 2023 06:20am
Business & Finance Crackdown against urea hoarding, smuggling: Market prices sharply decline KARACHI: Market prices of urea for farmers sharply reduced by some Rs 500 to 600 per bag due to government’s... Published 26 Sep, 2023 06:33am
Print For increasing remittance inflows: SBP ups cash incentives for banks, MFBs and ECs KARACHI: The State Bank of Pakistan (SBP) on Thursday announced increase in the financial incentives for banks,... Updated 22 Sep, 2023 09:37am
Business & Finance Margin on short-term investment bonds plunges KARACHI: The cut-off yield on short-term investment papers declined sharply ranging from 171 basis points to 217... Published 21 Sep, 2023 06:08am
Business & Finance Expansion strategy: JS Bank plans to add 11 more branches to its network KARACHI: Under the branch expansion strategy, JS Bank has planned to add 11 more branches to its network this year... Published 20 Sep, 2023 06:28am