What's new

Search results

  1. ni8mare

    Pakistani rupee devalues close to much anticipated Rs200

    Pakistani rupee devalues close to much anticipated Rs200 Currency was trading at Rs199.61 at around 3pm, dropped by Rs3.87 in a single day Salman SiddiquiMay 18, 2022 Rupee has declined against the greenback because of concerns on both political and economic fronts. photo: file KARACHI...
  2. ni8mare

    FDI falls to four-year low

    FDI falls to four-year low The Newspaper's Staff Reporter Updated July 16, 2019 Data published by the State Bank of Pakistan revealed that FDI halved to $1.737 billion from $3.471. — AFP/File KARACHI: The foreign direct investment (FDI) dipped 50 per cent to hit a four-year low as inflows...
  3. ni8mare

    Fiscal blowout as deficit jumps to 5pc, revenues flat

    Fiscal blowout as deficit jumps to 5pc, revenues flat Khaleeq KianiMay 22, 2019 Third quarter fiscal deficit. — Soure: Ministry of Finance ISLAMABAD: In the Pakistan Tehreek-i-Insaf’s first year in office, the country’s fiscal deficit in first three quarters (July-March) of the current fiscal...
  4. ni8mare

    GDP growth to remain in 2.4-2.7% range for FY19

    GDP growth to remain in 2.4-2.7% range for FY19 By Dr Fahd Rehman Published: May 20, 2019 TWEET EMAIL PHOTO: FILE LAHORE: The real economy is sliding day by day. Recent statistics of large-scale manufacturing (LSM) index from July 2018 to March 2019 have shown a negative growth of 3%. The news...
  5. ni8mare

    Industry leaders shocked by rate hike, blame decision on ‘IMF pressure’

    Industry leaders shocked by rate hike, blame decision on ‘IMF pressure’ Aamir Shafaat KhanUpdated May 21, 2019 “I think there was no need for any further interest hike as food inflation was quite under control in April than March,” President Site Association of Industry, Saleem Parekh said. —...
  6. ni8mare

    Stock market sheds 800 points in intraday trading

    Stock market sheds 800 points in intraday trading Dawn.com | Talqeen Zubairi Updated May 20, 2019 Photo courtesy https://dps.psx.com.pk/ The benchmark index shut down at a loss of 155.77 points on Monday after an initial nosedive of 800 points by 11am ─ hours ahead of the State Bank of...
  7. ni8mare

    Stocks extend losing streak to its 7th week

    Stocks extend losing streak to its 7th week Our Equities CorrespondentUpdated May 19, 2019 Stock market witnessed more bleeding in the just concluded week which marked the seventh successive week of selling spree by investors who dumped stocks and sought the shelter of fixed income securities...
  8. ni8mare

    Losing out to regional competitors

    Losing out to regional competitors Nasir JamalUpdated May 13, 2019 The manufacturing sector’s share in the annual national output — or gross domestic product — has been on the decline since 2008 onwards. It dropped from a high of 14.8 per cent in 2008 to 12.1pc in 2018, implying a reduction in...
  9. ni8mare

    Asia’s Worst Performing Currency Takes Another Hit

    Asia’s Worst Performing Currency Takes Another Hit Faseeh Mangi Ismail Dilawar May 16 2019, 11:51 AM May 16 2019, 7:03 PM (Bloomberg) -- Pakistan’s rupee weakened to a record in an apparent devaluation, four days after the South Asian nation secured a bailout from the International Monetary...
  10. ni8mare

    Rupee slides further to Rs150 against USD; stock market down 2.4pc in intra-day trade

    Rupee slides further to Rs150 against USD; stock market down 2.4pc in intra-day trade ReutersMay 17, 2019 The stock market declined on Friday, with the benchmark KSE-100 index down 2.4pc by 11:15am. — AFP/File The rupee continued to fall to record lows on Friday, after the government agreed...
  11. ni8mare

    Dollar records hefty gains against rupee in open market

    Dollar records hefty gains against rupee in open market Shahid IqbalUpdated May 14, 2019 Demand for the greenback picks up in Ramazan due to seasonal effect as people travel to Saudi Arabia to perform Umrah. KARACHI: The US dollar gained Rs2 against the rupee in the open market on Monday as...
  12. ni8mare

    Rupee weakens to 142.7 against dollar in open market

    Rupee weakens to 142.7 against dollar in open market KARACHI:The Pakistani currency suddenly weakened over one-rupee to Rs142.7 to the US dollar in the open market on Friday as speculation mounted that Pakistan had agreed to let the rupee depreciate further under a stringent International...
  13. ni8mare

    Economy suffers major setback in FY19, growth rate slows to 3.3pc

    Economy suffers major setback in FY19, growth rate slows to 3.3pc Mubarak Zeb Khan Updated May 10, 2019 Govt has anticipated 3.8pc in agriculture, 7.6pc in industry and 6.5pc in services, thus target of 6.2pc GDP growth. ISLAMABAD: Pakistan’s economy suffered a major setback with all key...
  14. ni8mare

    Ramazan in internment

    Ramazan in internment Rafia ZakariaMay 08, 2019 The writer is an attorney teaching constitutional law and political philosophy. THE month of Ramazan has begun and Muslims all over the world are fasting. From the far-flung near Arctic towns in Norway and Iceland, to the tropical locales of...
  15. ni8mare

    'How can IMF negotiate with IMF?' Bilawal criticises Reza Baqir's appointment as SBP governo

    'How can IMF negotiate with IMF?' Bilawal criticises Reza Baqir's appointment as SBP governor Dawn.comUpdated May 08, 2019 PPP Chairperson Bilawal Bhutto-Zardari speaks to journalists outside the parliament on Wednesday. — DawnNewsTV PPP Chairperson Bilawal Bhutto-Zardari on Wednesday...
  16. ni8mare

    Market watch: KSE-100 sheds 596 points as investors brace for tough IMF bailout

    Market watch: KSE-100 sheds 596 points as investors brace for tough IMF bailout KARACHI: Bears returned to the stock market in a big way on Wednesday as the KSE-100 index plunged over 700 points in intra-day trading and slipped below the 35,000-point mark before recovering partially by the...
  17. ni8mare

    Moody's downgrades Pakistan's banking system from stable to negative

    Moody's downgrades Pakistan's banking system from stable to negative Moody's Investors Service has changed its outlook for the banking system in Pakistan from stable to negative, the company announced in a press release on Monday. "Over the next 12-18 months, banks in Pakistan will see their...
  18. ni8mare

    Earlier gains undermined as inflation resurges to over 7pc

    Mubarak Zeb Khan Updated February 02, 2019 Country’s inflation has now crossed the four-year high of 6.78pc ISLAMABAD: Influenced by faster rupee depreciation and demand pressure, inflation resurged to 7.2 per cent year-on-year in January, undermining earlier gains, according to data released...

Top Bottom