Salman Siddiqui

Policy missteps threaten agriculture

KARACHI: After playing a major role in reviving overall economic growth in the previous fiscal year ...

Eurobonds rebound as IMF approval nears

KARACHI: Pakistan's US dollar-denominated Eurobonds and Sukuk prices rebounded in global markets thi...

Short-term inflation slowdown ends

KARACHI: A day after the central bank expressed its great satisfaction with "disinflation" in the co...

Govt to launch 10-year Sukuk to raise Rs6.54tr

KARACHI: The financially struggling government has announced plans to launch a 10-year Sukuk (Sharia...

Remittances soar to $3b in Aug

KARACHI: Workers' remittances sent home by overseas Pakistanis remained strong at nearly $3 billion ...

Correcting West's narrative on Pakistan

KARACHI: Pakistan's economy is poised to enter a sustainable growth phase after achieving recent sta...

SBP likely to cut policy rate again

KARACHI: In its upcoming monetary policy meeting scheduled for Friday, September 12, Pakistan's cent...

Weekly inflation dips to 3-year low

KARACHI: Pakistan's weekly inflation reading, called the Sensitive Price Indicator (SPI), hit a thre...

Low oil prices to help cut imports

KARACHI: The external economy of Pakistan, which is a net oil importer, is gaining momentum with a 2...

PIA bidding likely to conclude in a month

KARACHI: The government has imposed conditions for the potential buyer of state-owned Pakistan Inter...

Significant gas reserves discovered in N Waziristan

KARACHI: Pakistan has discovered significant gas deposits estimated at 351.2 billion cubic feet (BCF...

On court orders, NBP pays Rs49b to pensioners

KARACHI: State-owned National Bank of Pakistan (NBP) has paid Rs49 billion to pensioners on the dire...

Lucky to increase pharma, soda ash production

KARACHI: Lucky Core Industries (LCI) is expanding its production lines for pharmaceutical products a...

Banks face tax pressure as ADR falls

KARACHI: Banks in Pakistan are contemplating reducing client deposits to sidestep a looming addition...

Fauji Foundation eyes Agha Steel acquisition

KARACHI: Fauji Foundation (FF) has expressed interest in acquiring Agha Steel Industries (AGHA) with...

Moody's upgrades Pakistan's rating

KARACHI: Moody's Ratings has upgraded Pakistan's local and foreign currency issuer and senior unsecu...