Indian Foreign Minister Dr Subrahmanyam Jaishankar on Wednesday said that there had been no talks on trade between his country and Pakistan, nor had there been any proposals to resume the flow of commerce. Delhi’s top diplomat made the remarks while fielding questions from reporters at the Indian embassy in Washington, where he had travelled to attend the inauguration of US President Donald Tru
Pakistan's stock market came under selling pressure on Tuesday as its main index lost over 800 points due to profit-taking by investors and caution ahead of monetary policy announcement next week. Concern among market players about economic growth outlook and a fall in international crude prices pulled the market down in a volatile trading session. Though the KSE-100 index started off the da
Lawmakers on Tuesday feared that money would fly out of Pakistan, economic growth would suffer and many jobs would be lost due to proposed restrictions on ineligible persons and the informal sector, but the government instantly dismissed such assertions. Members of the National Assembly Standing Committee on Finance described amendments to tax laws as "draconian", aggressive and tantamount to e
The range-bound Pakistani rupee experienced a relatively steep depreciation in the interbank market on Tuesday, falling by 0.06%. At the close of trading, the rupee settled at 278.82, recording a loss of 17 paisas compared to the previous day's closing rate of 278.65, as reported by the State Bank of Pakistan (SBP). The rupee's trajectory reveals significant trends since the currency first reac
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has invited global stakeholders to invest in Pakistan's priority sectors, including agriculture, IT, renewable energy, and pharmaceuticals. In an exclusive article published during the World Economic Forum (WEF) annual meeting, Aurangzeb outlined Pakistan's transformative economic journey. He highlighted efforts toward stabilis