Business

State Bank receives $500m from the Asian Development Bank

State Bank has received $500 million from the Asian Development Bank (ADB). The State Bank of Pakistan's statement said that this money has been given...

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Emirati company is in talks to acquire Telenor Pakistan

Emirati company is in talks to acquire Telenor Pakistan. Due to the recent economic crisis in...

Telenor Microfinance Bank receives $15m equity injection

Telenor Microfinance Bank is an operator of Pakistan's leading digital payments platform EasyPaisa. TMFB receives an...

Miftah Ismail: Pakistan’s Default Risk Reaches Alarming Levels

Miftah Ismail admits Pakistan’s Default Risk Reaches Alarming Levels. Criticizing his party-led federal government. Miftah claimed that Pakistan is on the edge of ‘default’ as risk has reached a dangerous level.

Petrol prices likely to be cheaper from 1st December

Petrol prices likely to be cheaper from 1st December. A clear drop in the prices of...

Ishaq Dar: less than 10% Probability of Pakistan’s default

Ishaq Dar: less than 10% Probability of Pakistan’s default as per Bloomberg’s analysi. And continue to honor all of its financial commitments on time. “Pakistan will InshaAllah continue to honour its all financial commitments on time,” he added.

Stock market slump due to unexpected rise in interest rates

Stock market slump due to unexpected rise in interest rates. The Pakistan Stock Exchange's benchmark SC...

Demonetization of old design Banknotes after Dec 31: SBP

Demonetization of old design Banknotes after Dec 31. The State Bank of Pakistan announces the banning...

Economy Extends Losses in Shehbaz Sharif Govt

Economic condition of Pakistan has curved upside down in the last seven months since the Shehbaz Sharif government came into power. Moreover, during the last seven months, the rupee devalued by 40.3 against the US dollar and reached 223.2 rupees.

Elon Musk explains twitter shutdown rumors

Elon Musk Explains Twitter Shutdown Rumors. Elon Musk, the new owner of micro-blogging website Twitter, clarifies...

Possibility of increase in electricity prices across the country

Possibility of increase in electricity prices across the country. Electricity is likely to become more expensive...

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