Business News
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‘Pakistan not a beggar’: Dar says IMF can’t stop member’s finmin from attending meeting
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[ad_1] Finance Minister Ishaq Dar addresses a press conference via video from Islamabad, on April 8, 2023, in this still taken from a video. — YouTube/PTVNews Finance Minister Ishaq Dar Saturday came out to clarify that Prime Minister Shehbaz Sharif…
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Govt increases profit rate on savings certificates | The Express Tribune
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[ad_1] KARACHI: The government has revised the rate of profit on national saving schemes by upto 4.13% to make the schemes lucrative and mobilise investment from the general public, a local research house reported. The Central Directorate of National Savings…
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Govt renews E&P licence to boost output | The Express Tribune
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[ad_1] ISLAMABAD: The government has renewed the exploration licence of a Polish energy firm for the second time in a bid to boost oil and gas production in the country. It has also approved exemption from the condition of relinquishing…
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SFD to provide $240m to Pakistan for advancement of dam project
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[ad_1] Federal Secretary for Ministry of Economic Affairs and SFD CEO Sultan Abdulrahman Al-Marshad shake hands after signing the loan agreement on April 7, 2023. — Twitter/@eadgop The Ministry of Economic Affairs on Friday signed a $240 million loan agreement…
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Elon Musk’s Tesla cuts US prices for fifth time since January
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[ad_1] The image shows Elon Musk sitting in a Tesla.— AFP/file After pricing adjustments made throughout the first quarter resulted in an additional sales gain, Tesla reduced the prices of every vehicle it sells in the US once more. Each…
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Gold price increases by Rs100 per tola in Pakistan
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[ad_1] Representational image. — AFP/File Gold price in the local market gained ground Thursday despite a drop in the rate of the commodity in the international market. According to the data released by All-Pakistan Sarafa Gems and Jewellers Association, the…
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Are stock markets open today?
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[ad_1] As investors continued to pay attention to the US markets today and jobs report that will be issued later in the day, Tokyo markets opened higher on Friday.— Unsplash Most financial markets throughout the world are closed today in…
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Weekly inflation up by 0.92% | The Express Tribune
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[ad_1] ISLAMABAD: After a temporary respite, the prices of essential items started increasing again in the week that ended on April 6 — with the inflation rate recording an increase of 44.49% on a yearly basis, the Pakistan Bureau of…
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Ishaq Dar cancels US visit amid ‘critical political situation’
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[ad_1] Federal Minister for Finance and Revenue Ishaq Dar addressing a press conference in Islamabad on February 10, 2023. — Online Federal Minister for Finance and Revenue Ishaq Dar cancelled his trip to the United States, citing the “domestic state…
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US think tank says Pakistan faces ‘real danger’ of defaulting on its debt
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[ad_1] Shipping containers are seen stacked on a ship at a sea port in Karachi on April 6, 2023. — AFP As Pakistan is going through one of its biggest economic crises in history — the Washington-based think tank United…
