PAAPAM to attend auto show in Tehran

LAHORE: A delegation of high-level members from the Pakistan Association of Automotive Parts & Manufacturers Association (PAAPAM) is preparing for…

Govt jacks up petrol prices by whopping Rs19.95

Finance Minister Ishaq Dar on Tuesday said that petroleum prices were being jacked up by a staggering Rs19.95 per litre.…

Pakistani pink salt finds market in China

BEIJING: In a significant development, the allure of Pakistani Himalayan pink salt products, such as salt lamps and bath salt,…

Rupee falls as import pressure mounts

KARACHI: Pakistani rupee edged down 0.07%, or Rs0.19, to Rs286.64 against the US dollar in the inter-bank market on Monday,…

SBP maintains record high policy rate

KARACHI: The State Bank of Pakistan (SBP) has announced its decision to keep the benchmark policy rate unchanged at a…

Prospects of expanding solar PV capacity

ISLAMABAD: The government has ambitious programmes for installing solar PV capacities. Fossil-based electricity is expensive, has availability issues and requires…

SBP keeps key policy rate unchanged at 22%

KARACHI: The central bank on Monday announced that the key policy rate – the cost of banks’ lending – would remain…

Will this IMF lifeline be any different from the others?

KARACHI: Last year in August, I wrote about “IMF Deals Sans Political Stability.” After a year of painful struggle, we…

PSX surges over 1,000 points, crosses 48,000 barrier to two-year high

KARACHI: The Pakistan stock market soared by over 2%, or over 1,000 points, to a two-year high at 48,000 points…

COP28: a long-awaited oasis?

The four-pillared roadmap laid out in the COP28 letter to parties reads like a dream – a sprawling vision with…