Business & Economy

SYDNEY,May 2 (Xinhua/APP): After keeping the interest rate on hold last month, the Reserve Bank of Australia (RBA) on Tuesday announced the decision to lift the cash rate target by 25 basis points to 3.85 percent, with the rate paid on Exchange Settlement balances also […]

London, May 2 (AFP/APP): British energy giant BP reported Tuesday a net profit of $8.2 billion for the first quarter, recovering from a record loss a year earlier as it ended operations in Russia after the Ukraine invasion. The company had posted for the first […]

Islamabad (PR) MindStir, Co-working Space, a leading provider of flexible workspace solutions, has announced that it has reached full capacity within a year of its establishment. The space has quickly become a hub for entrepreneurs, freelancers, startups, and small businesses, offering a collaborative and innovative […]

New York, May 1 (AFP/APP):US financial authorities seized California’s troubled First Republic Bank on Monday and sold it to JPMorgan Chase, hoping to bring to a close a two-month banking crisis that has spooked the financial system. First Republic became the second-largest bank by assets […]

Islamabad, May 01, 2023 (Online): Pakistan Sugar Mills Association (Centre) has categorically rejected a news item which appeared in a section of the media that the current surge in the prices of sugar is due to the export of the commodity. In a statement, PSMA […]

Islamabad: 29th April, 2023 (Online): Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired the meeting of Reforms and Resource Mobilization Commission (RRMC) at Finance Division, today. Ashfaq Yousuf Tola MoS/Chairman RRMC, Tariq Bajwa SAPM on Finance, Mr. Tariq Mehmood Pasha SAPM on […]

ISLAMABAD, April 29, 2023 (Online):- A Memorandum of Understanding was signed between Zarai Taraqiati Bank Limited (ZTBL) and Sustainable Development Policy Institute (SDPI) to collaborate for the promotion and adoption of latest/novel technologies, practices, and techniques for improving agricultural productivity and livelihood of rural communities. […]

Islamabad: April 28 (ONLINE): Minister of State for Petroleum Dr Musadik Malik on Friday said that Prime Minister Shehbaz Sharif had announced to establish a refinery that would cost between $10 to $14 billion. Speaking at a news conference, the minister stated that the government […]

Islamabad : April 28 (ONLINE): Abdul Rehman Al Raheem Al Nooryani, CEO Etisalat International Pakistan called on Federal Minister for Finance and revenue Senator Mohammad Ishaq Dar, today. SAPM on Revenue Mr. Tariq Mehmood Pasha, Special Secretary Finance and Senior officers from Finance Division attended […]

ANKARA, Apr 27 (AA/APP): The IMF on Friday called on European Central Bank (ECB) to keep hiking rates to tame persistently high inflation mainly driven by the Russia-Ukraine war. Europe faces the difficult task of sustaining the recovery, defeating inflation, and safeguarding financial stability, as […]