Moody’s downgrades Pakistan’s credit rating to ‘Caa3’

Islamabad: Moody’s downgraded Pakistan’s local and foreign currency issuer and senior unsecured…

Pakistan has enough coal to generate 100,000 MW power: Dastgir

Energy Minister Khurram Dastgir Khan has said that the country has coal…

Pakistan-IMF staff-level agreement ‘delayed’

Staff-level agreement between the International Monetary Fund (IMF) and Pakistan faces delay…

Rupee gains 94 paisas against dollar

Islamabad: The Pakistan rupee appreciated by 94 paisa against the dollar in…

SBP reserves swell after $700m injection by China

Karachi: Pakistan on Friday received a new $700 million loan from China…

Biden nominates former Mastercard CEO Ajay Banga to head WB

US President Joe Biden nominated former Mastercard Inc (MA.N) CEO Ajay Banga…

UK economy in better shape than thought: Reports

British businesses reported an unexpected bounce in activity this month. The preliminary…

India’s Russian oil imports surge to a record

India’s Russian oil imports climbed to a record 1.4 million barrels per…

Weekly inflation jumps to 38.4pc

According to the Pakistan Bureau of Statistics (PBS) showed on Friday, short-term…

Digitisation to contribute $60bn to Pakistan’s economy: Report

Digitisation can contribute $60 billion to Pakistan’s economy and provide innovative employment…

Hike in diesel, petrol prices challenged in LHC

A petition was filed in the Lahore High Court (LHC), challenging the…

Govt yields to another IMF demand

Islamabad: The government on Tuesday, while bowing to another demand of the…

Fitch downgrades Pakistan’s rating

Fitch Ratings downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC-”…

Pakistan plans to quadruple domestic coal-fired power

Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation…

Flour Mills will resume operations on Feb 14: Reports

Lahore: Punjab Flour Mills Association (PFMA) announced calling off strike it had…

ECC approves increase in gas prices

Islamabad: The Economic Coordination Committee (ECC) approved the increase in the prices…

Gold price per tola downslides

Islamabad: The per tola price of 24 karat gold decreased by Rs.…

Workers’ remittances down in Jul-Jan FY23

Islamabad: The overseas workers’ remittances posted a decline of 11 percent during…

“Pakistan’s external position under significant stress”: Moody’s

Moody’s Investors Service said in a statement that revenue-raising measures would likely…

Oil rises as Russia cuts output after Western price cap

Oil contracts rebounded on Friday after Russia announced it would slash its…

Snow-falling attracts over a million visitors to KP

Peshawar: According to the report released by the Department of Tourism, Khyber…

NEPRA takes major steps for power generation from solid waste

The National Electric Power Regulatory Authority (NEPRA) has taken major steps to…

NEPRA lowers K-Electric tariff by Rs10.80/unit

The National Electric Power Regulatory Authority (NEPRA) on Thursday announced to lower…

SBP-held forex reserves fall below $3 billion

On Thursday, State Bank of Pakistan (SBP)-held foreign exchange reserves fell below…

Pakistan finally ‘reaches agreement’ with IMF

Pakistan and the International Monetary Fund (IMF) reached an agreement after 10…

Pakistan-IMF loan talks on track: Ishaq Dar

Islamabad: Finance Minister Ishaq Dar said on Thursday that talks with the…

Steel price hits all-time high in Pakistan

The steel bar prices have crossed Rs280,000 per tonne after a massive…

WAPDA finalises plan to add 10,000 MW hydel electricity

Water and Power Development Authority (WAPDA) will add as much as 10,000…

Rupee appreciates against dollar in interbank

Islamabad: The exchange rate of the Pakistani rupee strengthened by Rs. 2.96…

Punjab caretaker CM constitutes agriculture task force

Punjab caretaker CM Mohsin Naqvi on Wednesday constituted an agriculture task force…