Oil rises on strong crude demand, easing recession fears
Oil prices increase as optimism about record U.S. oil shipments and indications that recession fears are subsiding overcome worry about weak Chinese demand.
Pakistani females can help the country pay its foreign debt
Muzammil Aslam shared a unique solution for Pakistan to repay its foreign debt by selling the gold possessed by females and goldsmiths.
Why is Miftah receiving criticism from his own PML-N party?
Former Minister for Finance Miftah Ismail faces continuous within party criticism on actions taken by him during his stay at office.
Exports fell by 4pc in September 2022- AHL
Trade deficit has remained a persistent problem of the consumption-driven economy of Pakistan. According to Arif Habib Limited, trade deficit of the country stood...
Miftah got slammed by Dar for calling his decision “reckless”
Ishaq Dar defended his decision to cut fuel prices, reversing a policy of rising prices monthly while Miftah called it "reckless."
Ishaq Dar receives criticism by forerunners of the office
Miftah Ismail considered the decision of Ishaq Dar to reduce petroleum development levy (PDL) this month as “reckless”, without IMF's consent.
Oil prices rise 3% as OPEC+ considers the biggest drop in output
Oil prices jumped more than 3% in early Asian trade on Monday, as OPEC+ considers cutting output by more than 1 million barrels a day.
PBS releases CPI inflation in Sept 22, giving hints for Oct data
As per PBS, CPI based inflation increased to 23.2 percent on year-on-year basis as compared to an increase of 27.3 percent in August 22.
Requesting China to rollover $2 billion in SAFE deposits
Pakistan has requested a rollover of $ 2 billion in State Administration Foreign Exchange (SAFE) China deposits in March 2023.
Reduction in petroleum prices announced
The federal government announced a 5 percent reduction in the price of all petroleum products for the next two weeks on Friday.
SPI-based inflation rises to 30.62pc YoY
Sensitive Price Indicator (SPI) based inflation for the week ending on September 29 increased to 30.62 per cent year-on-year.
SBP’s foreign reserves dip by 4pc, raising new concerns
According to the SBP, country’s liquid foreign reserves fell by more than $308 million during the week ending September 23.