News
India hikes gold, silver duties to protect sliding rupee
2+ day, 10+ hour ago (42+ words) India has boosted its import tariffs on gold and silver in an effort to shore up the sagging value of the rupee and bolster foreign currency reserves hit by war in the Middle East. Gold imports are financed through dollars,…...
Mideast war poses 'significant risks' to macroeconomic outlook, warns SBP
3+ day, 3+ hour ago (706+ words) Published May 12, 2026 The State Bank of Pakistan (SBP) on Tuesday warned of significant risks to the country's economic outlook due to the conflict in the Middle East, saying increased energy prices and supply chain disruptions could weigh on macroeconomics. The…...
Which field ranks top for hiring? US economy adds 115, 000 jobs
6+ day, 5+ hour ago (36+ words) The U. S. economy added 115, 000 jobs in April, beating all expectations. This marks the second consecutive month of optimistic growth. The report released by the Bureau of Labour Statistics revealed that the unemployment rate. .....
Aurangzeb hopeful IMF will clear $1. 2bn tranche today
1+ week, 13+ hour ago (772+ words) Published May 08, 2026 ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Thursday that Pakistan's macroeconomic indicators remained broadly on track despite the regional war and external pressures, and voiced hope that the International Monetary Fund's (IMF) Executive Board would approve the next…...
IMF warns of 'inevitable' AI-powered threats to global financial system
1+ week, 1+ day ago (350+ words) Published May 07, 2026 The International Monetary Fund (IMF) warned on Thursday of the risks to global financial stability posed by cyberattacks powered by advanced artificial intelligence tools, calling for greater international cooperation on the issue. "IMF analysis suggests that extreme cyber-incident…...
Middle East tensions pose downside risks to Pakistan's financial stability: SBP
1+ week, 2+ day ago (88+ words) Oil prices may stay higher longer. Global supply chains face potential disruptions. Experts rank geopolitical risks as top threat. KARACHI: The State Bank of Pakistan has cautioned that prolonged uncertainty stemming from the Middle East. .....
Trade deficit rises 20% to $32bn in first 10 months FY26
1+ week, 3+ day ago (39+ words) PBS data shows imports up 7% to $57. 2bn during July-April. April 2026 deficit up nearly 4% Yo Y as gap crosses $4bn monthly mark. Analysts warn slow export growth, high imports strain economy outlook. ISLAMABAD: Official data released on. .....
Pakistan refineries face Rs24bn losses amid April pricing pressures
1+ week, 6+ day ago (544+ words) Published May 02, 2026 ISLAMABAD: Pakistan's oil refining sector, which had earlier agreed to a government-backed pricing formula linking diesel prices to imported crude benchmarks, is now facing mounting financial pressure" The industry players allege that authorities have imposed a cap on…...
How energy pricing is undermining Pakistan's industrial future"
3+ week, 2+ day ago (308+ words) Published April 22, 2026 Pakistan's recent diplomatic success in helping ease tensions between the US and Iran has elevated its standing as a constructive player on the global stage. The development comes at a time when international oil markets are stabilising, offering…...
Pakistan faces oil shock risks amid Mideast conflict, warns minister
3+ week, 4+ day ago (456+ words) Published April 20, 2026 Planning Minister Ahsan Iqbal on Monday warned that higher oil prices driven by the Middle East conflict could pose risks to Pakistan's economy and put pressure on its external sector. Speaking to the media virtually at the launch…...