BUSINESS
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Senator questions delay in satellite internet
Prolonged delay in issuing licences for satellite-based internet services will be debated in the Senate as a senator has submitted…
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Oil relief shattered by Hormuz threat
A renewed surge in global oil prices following the end of Islamabad-mediated talks between Washington and Tehran has wiped out…
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Fitch keeps Pakistan’s rating at ‘B-‘
Fitch on Monday kept Pakistan’s highly speculative credit rating of B negative unchanged against hopes for an upgrade and said…
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Mild pullback follows record surge at PSX
The Pakistan Stock Exchange (PSX) on Thursday witnessed a volatile yet largely range-bound session following a record-breaking day in its…
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Urea smuggling risk alarms minister
Federal Minister for National Food Security Rana Tanveer Hussain chaired a high-level meeting of the Fertiliser Review Committee to review…
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FinMin seeks input for budget
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a virtual meeting with presidents and senior office bearers of…
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SBP reserves rise $19m to $16.4b
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded a modest increase of $19 million on…
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World Bank cuts GDP forecast to 3%
The World Bank on Thursday cut Pakistan’s economic growth forecast to 3% for this fiscal year due to adverse implications…
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Provinces urged to lead SME financing efforts
The Small and Medium Enterprises Development Authority (SMEDA), on advice of the Special Assistant to PM Haroon Akhtar Khan, convened…
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Housing crisis deepens as 63% lack shelter
Housing quality and living conditions in Pakistan reveal a stark contrast between urban and rural areas, reflecting not just numbers…
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