KARACHI: The US dollar continued to lose ground against the Pakistani rupee during intraday trade in the interbank market as the South Asian country managed to arrest rising import bill in July. During Wednesday's intraday trade, the greenback dropped by Rs11.38 and was being traded at Rs227 ...

ISLAMABAD – Pakistan has finally met the last prior action required for the release of $1.1 billion of bailout funds from the International Monetary Fund under the seventh and eighth reviews. IMF's Resident Representative for Pakistan Esther Perez Ruiz confirmed the development, saying with ...

LAHORE – e-Pay Punjab, developed by Punjab Information Technology Board (PITB) for Punjab Finance Department, has collected a staggering revenue of PKR 100 Billion+ against 19.5 Million+ transactions to date. e-Pay Punjab has also added Punjab Public Service Commission (PPSC) Fee to its ...

KARACHI – Senior officers and workers of the Pakistan Steel Mills were reportedly involved in theft of material worth Rs10 billion. The shocking revelation was made when the Ministry of Industries and Production approached the federal investigators and informed them about various theft ...

ISLAMABAD – Petroleum prices are likely to be increased by Rs10-17 per litre from August 1. The increase has been estimated because the exchange rate has gone haywire. A hike of Rs10 in petrol and Rs16-17 in diesel prices has been estimated without the inclusion of the petroleum levy (PL). ...