Business & Economy

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,” […]

ISLAMABAD, Sep 6 (APP): Benazir Income Support Programme (BISP) has once again emerged as the most effective and reliable social protection intervention during the recent floods devastation through executing the challenging task of disbursing cash relief of Rs. 25,000 per family to the flood affected […]

London, Sept 5 (AFP/APP): Britain’s new Conservative leader Liz Truss Monday vowed “bold” action to fix the country’s worst economic crisis in decades, as she was confirmed as Prime Minister Boris Johnson’s successor after a gruelling party contest. The foreign secretary resisted pressure for a […]