Express
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Wheat donation to Kabul withdrawn | The Express Tribune
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[ad_1] ISLAMABAD: The government on Thursday reversed its decision to donate 50,000 tons of wheat to Afghanistan and also rejected a proposal to fix wheat procurement price at Rs2,200 per 40 kg for the new crop. The Economic Coordination Committee…
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Oil tops $105 after Russia attacks Ukraine | The Express Tribune
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[ad_1] NEW YORK: Oil prices jumped on Thursday, with Brent crude rising above $105 a barrel for the first time since 2014, after Russia’s attack on Ukraine exacerbated concerns about disruptions to global energy supply. Russia launched an all-out invasion…
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Current account gap soars to $2.56b | The Express Tribune
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[ad_1] KARACHI: Pakistan’s economy received a shock on Thursday when the central bank reported that the current account deficit (CAD) – the gap between country’s higher foreign expenditures and lower income – widened to a historic high at $2.56 billion…
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Pakistan to roll out 5G by April 2023 | The Express Tribune
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[ad_1] ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has prepared a policy framework aimed at rolling out 5G and advanced technology for it will be available by April 2023, said PTA Chairman Amir Azeem Bajwa. “PTA has developed a framework and…
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SBP reserves fall $289m to $16.8b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank dropped 1.69% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 18, the foreign currency reserves held by the…
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SEPA seals factory over failure to control pollution | The Express Tribune
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[ad_1] KARACHI: The Sindh Environmental Protection Agency (SEPA) has sealed a factory of petrocarbon products for polluting the air by discharging harmful pollutants without any mitigation measures. According to details, Sindh Environmental Protection Agency (SEPA) Director General Naeem Mughal had…
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$55m penalty imposed on local bank | The Express Tribune
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[ad_1] KARACHI: The US authorities have imposed a fine of $55 million on a local bank for alleged violation of anti-money laundering (AML) laws and repeated failure to operate its New York branch in compliance of the US laws. The…
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Foreign exchange: SBP reserves fall $289m to $16.8b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank dropped 1.69% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 18, the foreign currency reserves held by the…
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Ukraine crisis batters KSE-100 index in intra-day trading | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange felt the heat of the geopolitical tensions on Thursday and the KSE-100 index dived close to 1,000 points in intra-day trading, fuelled by Russia’s attack on Ukraine. Ukraine Foreign Minister Dmytro Kuleba confirmed in…
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Market watch: Ukraine crisis batters KSE-100 index | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange felt the heat of the geopolitical tensions on Thursday and the KSE-100 index dived over 1,300 points, fuelled by Russia’s attack on Ukraine. Ukraine Foreign Minister Dmytro Kuleba confirmed in a tweet that Russia…
