Express
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Public debt soars by Rs18 trillion | The Express Tribune
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[ad_1] ISLAMABAD: The outgoing government added over Rs18 trillion to the public debt during its three-and-a-half-year stint, which was more than the liabilities accumulated by any government in 75 years, reveals a central bank statement. As a result, the federal…
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KCCI urges SBP to control currency devaluation | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP) should play its role and devise effective strategy to stop further devaluation of rupee which is having a lethal impact on the economy and the inflation reading, said Karachi Chamber of Commerce…
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K-P, OGDC sign deal for dam construction | The Express Tribune
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[ad_1] ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) and different departments of the government of Khyber-Pakhtunkhwa (K-P) have signed a memorandum of understanding (MoU) for the construction of a dam for the Nashpa Greater Water Supply Scheme (NGWSS) in…
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Rs26b sought for LNG subsidy | The Express Tribune
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[ad_1] ISLAMABAD: The Petroleum Division is seeking the release of Rs26 billion to clear pending subsidy claims on account of liquefied natural gas (LNG) supply to export-oriented sectors to avoid default on payments to the international LNG suppliers. Earlier, the…
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Market watch: Stocks close flat amid profit-taking | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange managed to make some recovery on Tuesday, as sceptical investors were observed hunting for lucrative stocks, especially in cement and fertiliser sectors, amid a number of negative cues. The benchmark KSE-100 index, after recording…
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Ford recalls 737,000 vehicles | The Express Tribune
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[ad_1] WASHINGTON: Ford Motor Company is recalling 737,000 vehicles in the United States over a part that could develop oil leak and a software error that could hinder braking, it said on Friday. The automaker is recalling 345,451 of its…
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More inflation pain ahead for Turkey | The Express Tribune
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[ad_1] LONDON: Wall Street banks predicted on Monday more price pressures ahead for Turkey after the country reported annual inflation rates climbing to a 20-year high of 61.14% in March. JPMorgan predicted Turkey’s annual inflation would hover in the 65-70%…
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CDNS to begin Islamic financing system | The Express Tribune
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[ad_1] ISLAMABAD: The Central Directorate of National Savings (CDNS) has announced that it will begin the implementation of Islamic financing system next month in a bid to facilitate the Islamic financial institutions of the country. In this regard, prize bonds…
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RDA inflows inch closer to $4 billion | The Express Tribune
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[ad_1] KARACHI: Overseas Pakistanis have invested the second largest amount of $290 million in a month in their home country through the Roshan Digital Accounts (RDAs), as the cumulative inflows hit a record high of nearly $4 billion by the…
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Traders laments low kinnow export in current season | The Express Tribune
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[ad_1] LAHORE: The kinnow exports witnessed a drop of over 40% during the ongoing season and less than 200,000 tonnes of the fruit was shipped abroad against 460,000 tonnes last year, said Federation of Pakistan Chambers of Commerce and Industry…
