Faced with a demand slump and raw material shortages amid unfavourable economic conditions, Indus Motor Company…
Category: Economy
Govt sees spike in inflationary pressures
Highlighting ‘immense pressures’ on fiscal account owing to revenue collection challenges, heavy interest payments and rehabilitation…
Subsidies, security costs ‘on chopping block’ to placate IMF
The government may have to withdraw energy subsidies to big export industries, besides cutting non-salary, non-essential…
Pakistani Ruppee on fall, Reached Rs. 228.34 against US Dollar in Interbank
The Pakistani currency continued to fall against the US dollar in the interbank market recently. As…
With flour price relief yet to reach masses, pulse crisis emerges
Just when the prices of wheat flour are soon going to ease, following a merciless upward…
SBP’s forex reserves plunge to 8-year low
The foreign exchange reserves held by the State Bank of Pakistan (SBP) continued their declining spree,…
Indus Motors shuts down production plant in Pakistan on delay in import approvals
Indus Motors Company (IMC), the maker of Toyota vehicles, has decided to shut down its production…
SBP’s forex reserves fall to near four-year low
The foreign exchange reserves held by the State Bank of Pakistan (SBP) plunged $784 million to…
Emirati firm in talks to buy Telenor Pakistan
Ownership of the country’s second-largest cellular service provider may soon change hands as Telenor Pakistan looks…
Govt will not seek Paris Club debt restructuring: Dar
Finance Minister Ishaq Dar on Sunday said Pakistan will not seek debt restructuring from Paris Club…