Moody’s upgrades Pakistan’s banking sector outlook to ‘stable’

Moody’s has revised the outlook for Pakistan’s banking sector from “negative” to “stable”. This positive shift is attributed to the easing of macro challenges and fiscal pressures, as noted in…

First Roza in Pakistan likely on March 12

ISLAMABAD: The Holy month of Ramadan is expected to begin in Pakistan in about a week, with the first roza likely to fall on March 12 (Tuesday). According to weather…

Petrol price in Pakistan expected to increase again

ISLAMABAD: After the recent drop in global oil prices, there are concerns as reports suggest that Pakistanis may not see a cut in petrol prices. Despite the international slump, Pakistani…

Man arrested for running sinister social media campaign against CJP

ISLAMABAD: In a significant development, law enforcement agencies have arrested individuals hailing from Rawalpindi for organizing a threatening campaign against the Chief Justice of Pakistan (CJP) on social media platforms.…

Stock Market stays positive, posts 800 points growth

KARACHI: At the beginning of the previous week, the Pakistan Stock Exchange (PSX) saw a strong recovery after a two-day decline. However, towards the end of the week, the index…

Pakistan’s earns $1,454 million from IT services export in 6 months

ISLAMABAD: Pakistan has earned USD 1,454.881 million by providing various information technology (IT) services to various countries during the first six months of the current fiscal year 2023-24.This shows a…

Jamal Shah’s painting exhibition unveiled at PNCA

ISLAMABAD: Acclaimed miniature painter Ustad Bashir Ahmed on Sunday inaugurated an exhibition of Jamal Shah’s paintings titled ‘Celebration of Dehumanized Existence’ at Pakistan National Council of Arts.Carrying a universal interpretation…

Pakistan Railways raises fares for all passenger trains

Pakistan Railways has announced an increase in fares for all passenger trains, as per a notification issued on Friday. The announcement outlines a two per cent rise in fares, with…

Ready to work with any government formed in Pakistan: US

WASHINGTON: The United States is ready to work with whatever government comes to power in Pakistan after the country’s general elections last week, State Department spokesman Mathew Miller said on…

High taxes weigh on tobacco industry

LAHORE: The legal tobacco industry in Pakistan is facing a serious crisis, with high taxes on tobacco products leading to a significant decline in production and significant tax losses. According…

Caretaker govt fulfilled its constitutional responsibility: Solangi

Islamabad: Interim Minister for Information, Broadcasting and Parliamentary Affairs Murtaza Solangi on Sunday said the caretaker government had fulfilled its constitutional responsibility by holding free, fair and transparent elections in…

Challenges abound for new govt

KARACHI: Pakistan’s long-delayed economic reforms and privatization program may become more challenging in the face of the potential installation of a coalition government, as no political party won a clear…

Govt considers allowing urea price hike

ISLAMABAD: The government is considering allowing fertilizer manufacturers to hike urea prices by up to Rs 358 per bag, shifting the entire burden of over Rs 30 billion of imports…

Over 100 housing societies to get gas connections

ISLAMABAD: Three days before the 2024 general elections, the caretaker government has taken a major step by announcing plans to provide gas connections to housing societies that have been without…

Crackdown launched on profiteers ignoring govt-approved prices

KARACHI: Commissioner Karachi Muhammad Salim Rajput has launched a campaign targeting illegal profits that has resulted in fines being imposed on 234 individuals.Stressing on strict adherence to government approved prices,…

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