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BUSINESS
SBP serves purpose of banking sector, pushes up interest rate to 17%
KARACHI : Jan 23,2023: The Monetary Policy Committee (MPC) on Monday decided to increase the policy rate by 100
basis points to 17 percent. The committee noted that inflationary pressures are persisting and continue to be broad-based. If…
Ishaq Dar leaving for Qatar today to woo investment in energy,other sectors
ISLAMABAD : Jan 22,2023: Finance minister , Ishaq Dar , is scheduled to leave for Qatar on a 2-day crucial visit.
Sources told NEWSMAN that Finance minister , Ishaq Dar ,will have discussion with top Qatari authorities on investment in…
Pakistan’s top business leader urges political leadership to sit together to help Pakistan…
LAHORE : January 20,2023: The economic meltdown has left every sector of Pakistan economy and every Pakistani high and dry as the on-going economic crisis is posing serious threat to very survival of the country which otherwise is…
Govt ready for reforms in key areas to attain economic stability; asserts Dar
ISLAMABAD: JAN 20, 2023: Federal Minister for Finance and Revenue Senator , Ishaq Dar, chaired the inaugural meeting of Reforms and Resource Mobilization Commission (RRMC) at FBR on Friday.
Mr. Tariq Mehmood Pasha SAPM on Revenue, Mr.…
Pakistan-Russia inter governmental commission stresses for new evenues to enhance bilateral…
ISLAMABAD : Jan 18,2023: An 8th meeting of the Pakistani-Russian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation started in Islamabad on Wednesday.
The opening statement was made by Secretary…
SBP extends deadline for encashment of withdrawn prize bonds
KARACHI: January 16, 2023: The last date for encashment of withdrawn prize bonds has been extended to June 30, 2023.
The federal government has given another opportunity to the public to get the withdrawn prize bonds of Rs.7500, 15,000,…
Mian Akram Farid calls for facilties for Hattar Industrial Estate
ISLAMABAD : Jan 15, 2023: MA Steel Casting and Farid Holding Group hosted a luncheon in honor of Khyber KPK Economic Zone Development Authority CEO , Javed Khattak.
speaking at the luncheon. CEO Javed Khattak said that the 40 megawatt…
Germany to provide Euro 28 m support to Pakistan
ISLAMABAD : Jan 12,2023: Pakistan and Germany signed two framework agreements -amounting Euro 28 million focusing on socio economic uplift and sustainable development of Pakistan, here on Thursday.
An official handout issued here said…
ECC re-fixes imported urea price at Rs 2340, okays incidental charges for quick supply to farmers
ISLAMABAD: Jan 11,2023; Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday.
Federal Minister for Commerce Syed Naveed…
Rupee weakening continues as all major currencies maintain gain streak
Dollar is soaring on daily basis in local currency market. Today US dollar increased by Rs 0.50
and it reached to Rs 228 level In interbank today. In open market, US dollar rate today is Rs 235.70 today. In open market US dollar…
