Business & Economy

ISLAMABAD, Sep 11 (APP):The exports of spices from the country witnessed a decrease of 10.61 percent during the first month of current fiscal year (2022-23) as compared to the corresponding period of last year. Pakistan exported spices worth US $5.090 million during July 2022 as […]

LAHORE, Sep 10 (ONLINE): Despite the resumption of the IMF program, the country is still suffering from serious dollar shortage crisis, as the rupee has cumulatively fallen by more than 4 percent against the greenback during this week, aggravating macroeconomic indicators amidst catastrophic flooding in […]

ISLAMABAD 09 Sep (Online): The rupee, which has been declining for nearly a week, fell by Rs2.76 against the dollar in the interbank market on Friday. The PKR closed at Rs228.18 per dollar, depreciating 1.21 per cent from yesterday’s close. Mettis Global Director Saad bin […]

ISLAMABAD 09 Sep (Online): Inflation measured by the Sensitive Price Index (SPI) clocked in at 42.7 per cent year-on-year (YoY) for the week that ended on September 8, data shared by the Pakistan Bureau of Statistics (PBS) showed on Friday. Inflation in the preceding week […]

Washington, Sept 9 (AFP/APP):The US central bank will have to stick to its policy of raising interest rates into next year to ensure that high inflation comes down to the two percent target, a Federal Reserve official said Friday. Fed Governor Christopher Waller cautioned that […]

Rawalpindi (PNI) Fauji Fertilizer Company Limited (FFCL) has been conferred ‘Company of the Year Award’ by Rawalpindi Chamber of Commerce & Industry (RCCI) in recognition of Company’s dedication, devotion, commitment and exemplary business performance during Year 2021. RCCI held its 34th RCCI International Achievement Awards […]

ISLAMABAD, Sep 07 (Online): Finance Minister (FM) Miftah Ismail has said inflation and electricity bills will go down in the month of October. “We had to take difficult decisions to save the country from becoming bankrupt. Now the economy is heading towards right direction. Bringing […]

Moscow, Sept 7 (AFP/APP): Russian President Vladimir Putin said Wednesday that “almost all” the Ukrainian grain shipped under a UN-backed deal to ease a global food crisis was reaching rich European nations and accused the West of deceiving developing countries. Data compiled by a joint […]

Moscow, Sept 7 (AFP/APP): Russian President Vladimir Putin said Wednesday it was “impossible” to isolate Moscow and vowed to cut gas and oil deliveries to countries imposing a price cap on supplies. Speaking at an economic forum, over six months after Moscow sent troops into […]

Washington, Sept 6 (AFP/APP): US President Joe Biden on Tuesday said he was “sure” he’d meet Xi Jinping in November if the Chinese leader decides to attend a G20 meeting planned in Indonesia’s resort island of Bali. “If he’s there I’m sure I’ll see him,” […]