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3 mins read
Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability
The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…
ANI
2 mins read
IMF advises Pakistan not to create a preferred investors' group and to ensure transparency
The IMF has advised cash-strapped Pakistan against creating a group of preferred investors or disto…
PTI
3 mins read
Kargil Vijay Diwas: A tale of valour and sacrifice
Kargil Vijay Diwas, commemorated annually on July 26th, stands as a testament to the Indian Army's …
3 mins read
Hoarding, smuggling and drug trade by mafias bleeding Pakistan's economy: Report
A detailed report by Pakistan's Intelligence Bureau (IB) on smuggling, tax evasion, drug trade, hoa…
ANI
2 mins read
India reached moon, hosted G20 Summit, we are begging for funds, laments former Pak PM Nawaz Sharif
Addressing a meeting of his party, PML(N), former Pakistan Prime Minister said that India reached t…
ANI
3 mins read
Pakistan is South Asia's weakest economy: World Bank report
Pakistan is in the news for its economic meltdown amid natural disasters, food shortages, and po…
ANI
1 min read
Pakistan to issue new notes to combat counterfeit currencies
Pakistan's central bank has announced that it will introduce new currency notes with enhanced secur…
PTI
2 mins read
Honda closes its plant in Pakistan due to financial crunch
Amid the ongoing financial crunch in Pakistan, another car maker company Honda on Wednesday announc…
ANI
3 mins read
India, xenophobic? US President Joe Biden says India and Japan’s economy are bad because of xenophobia, compares to China and Russia
In a recent campaign fundraising event, US President Joe Biden sparked controversy by labelling US …
4 mins read
Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan
Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…
PTI
11 mins read
Welcome to the Dollar War the global battle that will decide the fate of America's economy
The dominance of the US dollar is slipping — and this global currency fight will determine wh…
Phil Rosen
1 min read
Pakistan central bank increases policy rate by 100 basis points to 21%
The State Bank of Pakistan (SBP) has increased the policy rate by 100 basis points to 21 per cent t…
1 min read
Economy resilient, but sensitive to global headwinds: RBI article
With headline inflation beginning to show signs of easing, the domestic macroeconomic outlook appea…
PTI
2 mins read
Pakistan forex reserves slip to $4.3 billion, can cover 3 weeks of imports says Financial Post
In addition, remittances in July-December 2022 period were recorded at USD 14.1 billion, which i…
ANI
2 mins read
Pakistan facing worst economic crisis ever as its rupee plunges, says Asian Lite report
The Pakistani currency had to forego 12 per cent of its value, leading to the hike in petrol and d…
ANI
1 min read
Pakistan's remittances decrease 10.5% in Sept
Pakistan's remittances decrease 10.5% in Sept
3 mins read
Tough times ahead for Pakistan as talks with IMF fails over bailout package
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the eco…
ANI
2 mins read
Pakistan's FDI plunges 52% in four months says a Dawn report
On Monday, the Pakistan State Bank issued the latest data, showing the FDI fell to USD 348.3 millio…
ANI
2 mins read
Pakistan's total debt surges to Rs 12 trillion in first quarter
In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillio…
ANI
2 mins read
Pakistan pumps run out of petrol, disrupts routine life of people says a Dawn report
Amid a severe economic crisis, most of the petrol pumps in the Punjab region of Pakistan ran out of…