President Donald Trump holds a document of “foreign trade barriers” while he pronounces remarks on prices in the Rose Garden at the White House in Washington, DC, United States, April 2, 2025. – Reuters Trump said the decision made after the countries asked to negotiate. Increases the price on Chinese imports to 125% compared to … Read more
Residents cool the heat wave because they are sprayed by throwing water from a pipeline fleeing to Karachi. – Reuters / File Winter precipitation recorded 42% below normal: meteorologist. The alarming decline in precipitation pushes dams at dead levels. Metropolitan areas will experience heat waves, warns PMD. The chief meteorologist of the Pakistan Meteorological Department … Read more
A logo of the State Bank of Pakistan (SBP) is represented on a reception at the headquarters of Karachi, Pakistan, July 16, 2019. – Reuters MPC meets to assess economic prospects in the midst of inflationary risks. Said that basic inflation is more persistent at a high level. Add pressure on the external account emerged … Read more
An image of representation of Pia Airplane. – AFP / File All concerns of the interested parties discussed correctly: Aleem Khan Said a new plan in progress to make the privatization of the PIA more attractive PIA ready to become profitable again due to new measures, he said. The Minister of Investment and Privatization Abdul … Read more
People buy dried fruit in a market in Karachi on February 1, 2023. – Reuters February’s inflation beats forecasts from the Ministry of Finance. Consumer price inflation in January 2025 was 2.4%. Urban inflation drops to 1.8%, while rural areas died at 1.1%. Islamabad: marking its lowest level since September 2015, inflation based on consumer … Read more
A technician fixes new electricity meters in a residential building in Karachi, Pakistan, May 13, 2010. – AFP Govt in talks with the banks to borrow RS1.3TN to facilitate circular debt. Negotiations in progress to finalize the term sheet to obtain a loan. The secretary of power says that Govt trying to reduce taxes on … Read more
The founder of PTI, Imran Khan, imagined with his sons, Sulaiman and Qasim. – Facebook / Imran Khan / File Rawalpindi: Adiala prison authorities organized a telephone conversation between the founder of Pakistan Tehreek-e-insaf (PTI), Imran Khan and his sons in the light of judicial orders, said the lawyer for the Former first Chaudhry lawyer. … Read more
A man walks with bags of supplies on his shoulder to deliver to a neighboring store in a market in Karachi on June 11, 2024. – Reuters FBR collects 6,496 billion rupees against the target of 6,964 billion rupees from July to January. The income deficit was located at Rs384bn in July-December period. The organization’s … Read more
The Israel’s offensive in Gaza was supposed to weaken the Hamas militant group and ensure that an attack like the one that occurred on October 7 no longer occurred. While the ceasefire in the War of Israel-Hamas continues to hold, Elizabeth Palmer examines if Israel has achieved his goal and what the militant belt of … Read more
State Bank of Pakistan Governor Jameel Ahmad speaking at an event organized by the Federation of Pakistan Chambers of Commerce and Industry in Karachi on January 9, 2025. — Screenshot/GeoNews The head of the SBP expresses his hope for greater stability in the economy. Jameel says SBP is dedicated to achieving its inflation targets. He … Read more
An aerial view of a unit at the Chashma Nuclear Power Plant (CNPGS). — PAEC Website/File The plant’s financing structure includes 19% equity and 81% debt. Project cost of Rs 1.125 billion includes EPC cost of Rs 965.8 billion Return on equity was sought at 14.50% per annum. The National Electric Power Regulatory Authority (Nepra) … Read more
A view of a textile factory in Pakistan. — Reuters/File Data shows that textile exports fell 3% to $1.27 billion in July 2024. Exports rise 13% to $1.64 billion in August FY25, the data showed. Textile exports recorded a reasonable increase of 18% to $1.61 billion in September. ISLAMABAD: A 10 percent increase in textile … Read more