Business News
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Finance minister quells ‘noise’ casting doubts on IMF deal approval
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[ad_1] Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at his office in Islamabad. —Reuters/File ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Friday voiced hope that “the International Monetary Fund (IMF) will approve the…
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Gold rate continue to climb locally despite global market decline | The Express Tribune
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[ad_1] Listen to article Gold prices in Pakistan have continued their upward trend, even as global rates have seen a decline for the second consecutive day. On Friday, the price of 24-carat gold in Pakistan increased by Rs200 per tola, pushing the…
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Millions at risk as govt plans closure of utility stores nationwide | The Express Tribune
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[ad_1] PAKISTAN: The federal government is moving towards closing utility stores nationwide, a move expected to severely impact millions of low-income families who have long relied on discounted essential goods. This follows the government’s decision to halt a Rs50 billion…
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Ashanti opens up about ’emotional and spiritual’ birth of new son with Nelly
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[ad_1] The new parents tied the knot in 2023 after rekindling their romance almost a decade later Ashanti is overwhelmed with joy as a new mom. After recently announcing that she and rapper husband Nelly secretly welcomed their first son…
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Conditional approval granted to export 0.1 million metric tonnes of sugar
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[ad_1] A worker shows sugar after the processing of sugarcane in a sugar mill, January 25, 2019. — Reuters The cabinet’s Economic Coordination Committee (ECC) has granted conditional permission to export an additional 0.1 million metric tonnes of sugar, following…
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Plastic banknote to gain currency | The Express Tribune
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[ad_1] ISLAMABAD: The State Bank of Pakistan (SBP) will change the designs of all currency notes before the start of next year, and also introduce at least one plastic note as an experiment, central bank Governor Jameel Ahmad said on…
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US election holds key to future of bank capital reforms | The Express Tribune
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[ad_1] WASHINGTON: US regulators will not be able to finalise controversial bank capital increases before the November presidential election, casting doubt on whether these and other strict proposed rules for Wall Street banks will be implemented at all, according to…
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Buna-Raast: PM Shehbaz unveils project to ease remittances from Arab countries | The Express Tribune
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[ad_1] Listen to article Prime Minister Shehbaz Sharif has launched the Buna-Raast connectivity project, marking a significant step forward in enhancing Pakistan’s digital payment infrastructure. The initiative links Pakistan’s Raast payment system with the Arab Monetary Fund’s Buna platform, enabling millions of…
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Nepra approves hike in electricity tariff for KE consumers
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[ad_1] Technicians are silhouetted as they fix cables on a power transmission line in Karachi, Pakistan, January 9, 2017. — Reuters/file ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday increased the electricity tariff for K-Electric (KE) consumers by…
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China launches dairy probe as trade tensions rise over EV tariffs | The Express Tribune
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[ad_1] BEIJING: China initiated an anti-subsidy investigation into dairy imports from the European Union (EU) on Wednesday, intensifying trade tensions between the two parties. This move came just one day after the EU revised its proposed punitive tariffs on Chinese-made…
