Cultivating self-reliance: roadmap for edible oil EDITORIAL: The Ministry of Commerce’s plan to draft a comprehensive edible oil policy presents a pivotal opportunity... Updated 06 Dec, 2024 02:48pm
Print Progress in medical device production: Import bill may significantly go down: TDAP CEO KARACHI: The CEO of Trade Development Authority of Pakistan (TDAP) Zubair Motiwala said Pakistani companies have... Updated 20 Oct, 2024 09:55am
Print Ghee, cooking oil industry: Aurangzeb vows to help resolve issues ISLAMABAD: Finance Minister Muhammad Aurangzeb Friday assured the ghee and cooking oil industry to resolve the issue... Updated 12 Oct, 2024 08:58am
Opinion The impact of reduced cotton production on rural economies and country’s balance of payments The basic rule of economics is clear: global demand drives global production, and countries with a comparative... Updated 08 Oct, 2024 08:40am
Business & Finance Primary payments: C/A posts $270m deficit in May KARACHI: After a surplus for three consecutive months, the country recorded a current account deficit of $ 270... Published 22 Jun, 2024 06:47am
Markets Economic Survey: Jul-Mar POL import bill down on lower intake ISLAMABAD: Pakistan’s petroleum import bill declined in the first nine months (July-March) of fiscal year 2023-24... Published 12 Jun, 2024 06:51am
Business & Finance Forex reserves rise by $239m KARACHI: The country’s total liquid foreign reserves rose by $239 million during the last week, the State Bank of... Updated 22 Mar, 2024 09:45am
Print Energy sector revolving debt has reached Rs5,422bn: minister ISLAMABAD: Caretaker Energy Minister Muhammad Ali on Tuesday said that total revolving debt of the energy sector is... Updated 28 Feb, 2024 10:12am
Print Cut in import bill: Need for promoting cultivation of palm oil plants stressed KARACHI: Pakistan has become the third largest edible oil importer in the world after China and India as the per... Updated 15 Jan, 2024 09:38am
Print Regionally competitive level sought: APTMA demands power tariff at 9-10 cents per kWh ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed deep concern over the absolutely dismal... Updated 22 Dec, 2023 09:19am
Print Nov C/A posts $9m first monthly surplus after June KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly... Updated 19 Dec, 2023 10:01am
Print Jul-May period: C/A deficit narrows by 81pc on lower import bill KARACHI: The country’s current account deficit fell sharply, ie, 81 percent during the first 11 months of the... Updated 20 Jun, 2023 09:00am
Print Second consecutive month: Pakistan posts $18m current account surplus in April KARACHI: For the second consecutive month, Pakistan has posted a current account surplus in April 2023 mainly due to... Updated 17 May, 2023 09:52am
Business & Finance C/A posts $654m surplus in March KARACHI: The country’s current account posted a surplus of $654 million in March after a gap of over two years... Published 20 Apr, 2023 06:30am
Opinion Serious economic crisis due to austerity policies, and weak multilateralism Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in... Updated 07 Apr, 2023 06:32am
Pakistan Need stressed to promote oil crops to lessen import bill HYDERABAD: Dr Fateh Marri, Vice Chancellor, Sindh Agriculture University, has said that production problems have... Published 27 Mar, 2023 06:44am
Print Cash margin requirement on goods import removed KARACHI: The State Bank of Pakistan (SBP) Friday announced the removal of Cash Margin Requirement (CMR) on import of... Updated 25 Mar, 2023 08:49am
Business & Finance Jul-Feb CA declines 68pc YoY KARACHI: The country’s current account deficit narrowed by 68 percent during the first eight months of this fiscal... Published 21 Mar, 2023 06:29am
Business & Finance Jul-Jan: C/A falls hugely on import curbs KARACHI: The country’s current account deficit (CAD) sharply fell by 67 percent during the first seven months of... Published 21 Feb, 2023 05:57am
Print 1,100MW K-3 inaugurated, China praised PM Shehbaz inaugurates third unit of Karachi Nuclear Power Plant (Kanupp), which will produce 1,100 megawatts of electricity Updated 03 Feb, 2023 09:00am
Print Country braces for fuel shortages? KARACHI: Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating... Updated 01 Feb, 2023 08:54am
Markets Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes Experts believe LC issue will be resolved, inflation along with remittances to increase in short term Updated 27 Jan, 2023 07:04pm
Print Signing of deal in March: Refineries to get Russian oil by April-end Russian and Pakistani companies would sign agreements on spot purchase and long-term LNG contracts under the energy security plan Updated 27 Jan, 2023 09:02am
Print Oil purchases from Russia: Payments will be in currencies of ‘friendly’ states Russia’s energy minister says both sides have drafted an agreement to sort out issues like transportation, insurance, payments and loadings Updated 21 Jan, 2023 08:58am
Print C/A deficit dips 60pc in H1FY23 on lower imports KARACHI: The country’s current account deficit declined sharply 60 percent during the first half of this fiscal year... Updated 19 Jan, 2023 08:42am
Business & Finance PIAF opposes ‘proposed’ mini-budget, urges govt to curtail current expenditure LAHORE The Pakistan Industrial and Traders Associations Front (PIAF) while expressing serious concern over the... Published 14 Jan, 2023 07:14am
Print Steel prices surge to all-time high level KARACHI: The prices of steel rebars rose to an all-time level of Rs 235,000 per metric ton due to shortage of raw... Updated 11 Jan, 2023 10:24am
Pakistan SBP rolls back import restrictions from January 2, 2023 Says authorised dealers may prioritise/ facilitate imports according to certain categories Updated 27 Dec, 2022 09:05pm
Print Thar coal to be linked with PQ thru rail system PC-I of the project has been prepared and is expected to be approved soon Updated 26 Dec, 2022 09:39am
Print ‘National contingency energy saving plan’ prepared to reduce import bill ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb said on Thursday that National Contingency... Updated 16 Dec, 2022 09:27am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept