Category: Business

In a recent report by the State Bank of Pakistan (SBP), the country’s foreign exchange reserves have experienced a notable decline, raising concerns about the economic stability of the nation.

US retail sales during the holiday season, spanning Nov. 1 to Dec. 24, rose by 3.8%, surpassing the 3.1% growth from the previous year and […]

China has revised its 2023 gross domestic product (GDP) upward by 2.7%, adding 3.4 trillion yuan ($17.73 trillion), according to the National Bureau of Statistics […]

India’s economy is projected to grow at around 6.5% in fiscal year 2024/25, leaning toward the lower end of the government’s 6.5%-7% forecast due to […]

Turkey’s central bank has reduced its key interest rate for the first time in nearly two years, aiming to address persistent double-digit inflation. The monetary […]

The Oil and Gas Development Company Limited (OGDCL) has successfully resumed operations at the Daris West 2 well, marking a significant milestone in Pakistan’s energy sector

Pakistan’s economy has faced a significant downturn in foreign loans and funding from July to November of the current fiscal year, highlighting the growing challenges in managing the country’s financial needs

The first four months of the current fiscal year have brought promising news for the country’s economy, as non-textile exports witnessed a significant increase of 17.6%.

In a significant move to address the ongoing challenges in the energy sector, the government has announced the release of more than Rs 50 billion in subsidies for the power sector