Business

Why Pakistan losing Afghan investment?

KARACHI: Pakistan's exports to Afghanistan in September amounted to about $80 million. Imports from there amounted to $125 million. The total bilateral trade in September 2021 stood at around $1.83 billion. Pakistan exported goods worth about $859 mi...

Rupee extends losses versus dollar, closes 229.66

ISLAMABAD: Rupee depreciated by 51 paisa against dollar in interbank trading to close at Rs 229.66 against previous day’s closing of Rs 229.15. According to Forex Association of Pakistan buying and selling rates of dollar in open market were re...

Pak-Iran trade to further strengthen economy: PML-N leader

Karachi: Central leader Pakistan Muslim League-Nawaz Khawaja Rameez Hassan talking about promotion of Pakistan-Iran relations said that increase in volume of Pakistan-Iran trade will be milestone in strengthening of economy. He said that recent &lsq...

Political parties playing dirty: Ex-President KCCI

KARACHI: Former President of Karachi Chamber of Commerce and Industry (KCCI) said that political parties have been playing dirty for past 10 to 15 years. “Unfortunately economic climate in country is poor and I predict that factories will colla...

President on utilising modern research-based technology to increase agri-produce

RAWALPINDI: President Dr. Arif Alvi has stressed on need to utilise modern research-based technology to increase agriculture produce. Addressing ceremony at Pir Mehr Ali Shah Arid Agriculture University here he said that Pakistan needs population pla...

SBP seeks details for clearance of stuck-up containers

KARACHI: State Bank of Pakistan (SBP) sought details of stuck-up imported containers at ports, reports said. Development follows meeting held with Governor State Bank of Pakistan Jameel Ahmed at Karachi Chamber of Commerce and Industry (KCCI). Karach...

KSE-100 index lost 423pts owing to uncertainty

Karachi: Negative sentiment gripped Pakistan Stock Exchange (PSX) as benchmark KSE-100 Index witnessed fall of over 1 percent during trading session. By end of session, benchmark index closed with loss of 423.6 points or 1.09 percent to 38,407.98 lev...

FinMin Dar says govt determined to introduce reforms to achieve economic stability

ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar said that despite inheriting weak economic legacy, government is determined to set economy in right direction and introducing reforms in various sectors to achieve economic stability and g...

No escape from IMF, says Tarin

LAHORE: PTI Senator and former Finance Minister Shaukat Tarin has said that they were making an emergency economic programme to get country out of current economic crisis, adding that his party would also have to approach IMF and take tough decisions...

Govt to take tough decisions on IMF, says State Minister of Finance

Islamabad: State Minister of Finance Aisha Ghaus Pasha said that government will have to take tough decisions on IMF. Talking to media here, Aisha Ghaus Pasha said that IMF programme is indispensable for recovery of country’s economy.  Ais...

NC Big Stories

Babar Azam reclaims top spot in ICC Men’s ODI Rankings

Pakistan’s cricket star Babar Azam has once again ascended to the top of the ICC Men’s ODI Rankings, reclaiming the No 1 spot with 809 rating points, as per the latest update released by the International Cricket Council (ICC). Babar Azam...

KSE-100 soars 4,700 points, closes above 99k as PTI protest ends

KARACHI: After experiencing its largest single-day drop of over 3,500 points, the Pakistan Stock Exchange (PSX) made an impressive recovery, with the benchmark KSE-100 Index surging by nearly 4,700 points, marking the highest-ever single-day point ga...

Professionals Network organizes Islamic Banking & Finance Conference

KARACHI: Professionals Network recently organised Islamic Banking & Finance Conference at a local hotel in Karachi. The Chief Guest of the inaugural session was Syed Samar Hasnain (Executive Director, SBP). Speakers include Jawad Majid Khan (Pre...

Pakistan, China sign $250mln MoUs to enhance agri, food processing

ISLAMABAD: Pakistan and China have signed 13 Memoranda of Understanding (MoUs) aimed at boosting collaboration in agriculture and food processing sectors. The total value of these MoUs amounts to $250 million, reflecting a significant step toward str...
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