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BUSINESS
Overseas Pakistanis bring big news to Pakistan as remittances in April reach to $ 3.1 billion mark
KARACHI : Overseas Pakistani made history by sending remittances of $3.1 billion in April . This is the highest ever remittances Pakistan received ever in its history of 75 years. Overseas Pakistanis have sent home highest ever remittances…
Dr. Murtaza Syed assumes position as SBP acting governor
KATACHI: In light of Section 10(2) of the State Bank of Pakistan (SBP) Act 1956 (amended), Dr. Murtaza Syed,
being the senior most Deputy Governor, has assumed the position of Acting Governor SBP, with
effect from May 5, 2022. It may be…
Governor SBP sets to lose job today
KARACHI: Pakistan Muslim League Nawaz (PMLN) led coalition government has formally decided not to extend another term to governor State Bank of Pakistan (SBP) Syed Raza. Baqir .
Finance minister, Mifta Ismael , on Tuesday conveyed to Raza…
Govt prefers politics over correction ,keeps petroleum products prices unchanged
ISLAMABAD : The Shahbaz government is also following footsteps of its predecessor for keep maintaining petroleum prices unchanged despite bearing its huge impact on revenue. According to the Federal Board of Revenue (FBR) , the decision of…
Experts term energy wheeling key to economic development in KPK
ISLAMABAD, April 25, 2022: Energy wheeling and industry academia linkage should be prioritized for improving business regulatory environment in Khyber Pakhtunkhwa. The experts from Public, private sectors, and academia, said this during…
US agrees with ISPR DG statement of refuting foreign conspiracy in IK ouster.
ISLAMABAD,: The State Department has said it agreed with the director general Inter Services Public Relations (ISPR), major general , Babar Iftikhar's statement that refuted the impression of foreign conspiracy in ouster of former prime…
SBP raises policy rate upto 12.25 %
KARACHI : The State Bank of Pakistan (SBP) on Thursday revised upward its policy rate by 2.50 basic points . With the new upward revision , the policy rate goes up to 12.25 bps . The SBP took the decision of upward revision in its emergent…
Toyota Indus increases car prices massively
KARACHI ; As there is no end to the race among the cars assemblers and all concerned government departments are committing criminal act by not checking plundering by auto sector through repeated surge in the rates of their products,…
Stop politicizing economy for Pakistan: Experts urge
ISLAMABAD (March 20, 2022) – Politicizing economy is fatal for Pakistan at a time when the country is undergoing a very serious political situation, therefore, we must prioritize the evidence-based data in trade and commerce to depoliticize…
Profiteering goes unchecked as govt skips real issues
ISLAMABAD: Non functioning of the government departments during the Pakistan Tehreek e Insaf (PTI) rule, the profiteering and fleecing of the public at large is literally at its peak. Right from edibles to vehicles, construction items…
