Prime Minister Imran Khan has directed authorities to facilitate all Chinese investors who are setting up industries in Pakistan on an emergency basis by resolving their issues related to road connectivity and the provision of utilities.He said this du…
Medicine prices have gone up by as much as 311.61 percent during the last two years, the Ministry of National Health Services informed the upper house of parliament on Friday.According to details presented by the ministry in Senate, during the last two…
The decision by the State Bank of Pakistan (SBP) to raise its benchmark interest rate by 150 basis points to 8.75 percent has been labeled “more than expected” by Bloomberg.The publication said that all 41 analysts it surveyed expected an increase, how…
Governor State Bank of Pakistan, Dr. Reza Baqir, chaired a meeting today with Director General FIA Sanaullah Abbasi to strengthen and coordinate efforts of SBP, banks and Federal Investigation Agency (FIA) to fight money laundering, cyber-attacks, and …
The Federal Investigation Agency (FIA) has claimed that it has indelible evidence regarding direct involvement of Pakistan Muslim League Nawaz (PML-N) President Shehbaz Sharif and his son Hamza Shehbaz in money laundering operation of Sharif Group.In a…
Federal Minister of National Food Security Syed Fakhar Imam conducted a high level meeting with the provincial counterparts to monitor the ongoing sowing of wheat in the country.The meeting attended by representatives from all provinces, including Punj…
Pakistan’s current account recorded the highest deficit of $1.66 billion during the current financial year 2021-22 in October 2021 according to the statistics released by the State Bank of Pakistan (SBP) on Friday.The current account deficit surged to …
Prime Minister Imran Khan has said that the government is providing subsidies and incentivizing the construction industry to help the low-income segment of the society.The premier was speaking at a ceremony during his visit to the site of 4400 under-co…
The Pakistani Rupee (PKR) continued its extremely volatile and bearish run against the US Dollar (USD) for another day after it depreciated by 56 paisas against the greenback in the inter-bank market today. It hit an intra-day low of Rs. 175.5 against …
The Rawalpindi Chamber of Commerce & Industry (RCCI) on Friday expressed strong reservations over an increase of 150 basis points in the interest rate by the State Bank of Pakistan, taking it from 7.25 percent to 8.75 percent.In a state…
