Daily The Patriot

Business

Low fuel reserves: risk of petrol and diesel crisis in the country.

Low fuel reserves
Karachi: A risk of a petrol and diesel crisis has emerged due to dwindling fuel stocks in the country.The Oil Companies Advisory Council (OCAC) has sent an urgent letter to the Federal Minister for Petroleum and the Chairman of OGRA, warning that the proc…
Government foreign exchange reserves record decline last week
Karachi: The State Bank of Pakistan said that the government’s foreign exchange reserves have decreased by $72 million during the past week. According to the data released by the State Bank, the government reserves have reached $14.23 billion. The d…
PSX hits record high as benchmark index surges on last trading day
Islamabad:The bourse continued its bullish momentum on Wednesday, driven by institutional liquidity, remittance incentive payouts, and investor optimism across key sectors including oil and gas.The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index r…
PSX hits record high as benchmark index surges on last trading day
Karachi: The Pakistan Stock Exchange is still witnessing a strong bullish trend today, as a result of which the index has set a new record. The first day of the business week began with a magnificent bullish trend in the stock market and the 100 index …
Pakistan, Iran set to boost annual trade to $8 billion
ISLAMABAD: Pakistan and Iran have agreed to further expand trade, border and mutual trust-based partnership to promote bilateral economic cooperation. Federal Minister for Commerce Jam Kamal Khan met with Iranian Minister for Industry, Mining and Trade…
Exports to the US expected to increase by 20% due to lower tariffs
Islamabad: Pakistan’s exports to the US are expected to increase by 20 percent after the US imposed a lower tariff on Pakistan. Ministry of Finance sources said that due to the tariff deal, the US will get tax concessions on new investments and under t…
Foreign exchange reserves reached $19.6 billion.
According to the State Bank of Pakistan, foreign exchange reserves have decreased by $153 million in a week due to external payments. According to Express News, the State Bank of Pakistan has released a weekly report on foreign exchange reserves. Ac…
SBP keeps policy rate unchanged at 11pc
The State Bank of Pakistan (SBP) has decided to maintain the policy rate at 11 percent, disappointing investors and the business community who had anticipated a reduction. SBP Governor Jameel Ahmad announced the first monetary policy of fiscal year 202…
Government foreign exchange reserves record decline last week
Karachi: The State Bank of Pakistan said that the government’s foreign exchange reserves have decreased by $72 million during the past week. According to the data released by the State Bank, the government reserves have reached $14.23 billion. The d…
PSX hits record high as benchmark index surges on last trading day
Islamabad:The bourse continued its bullish momentum on Wednesday, driven by institutional liquidity, remittance incentive payouts, and investor optimism across key sectors including oil and gas.The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index r…
PSX hits record high as benchmark index surges on last trading day
Karachi: The Pakistan Stock Exchange is still witnessing a strong bullish trend today, as a result of which the index has set a new record. The first day of the business week began with a magnificent bullish trend in the stock market and the 100 index …
Pakistan, Iran set to boost annual trade to $8 billion
ISLAMABAD: Pakistan and Iran have agreed to further expand trade, border and mutual trust-based partnership to promote bilateral economic cooperation. Federal Minister for Commerce Jam Kamal Khan met with Iranian Minister for Industry, Mining and Trade…
Exports to the US expected to increase by 20% due to lower tariffs
Islamabad: Pakistan’s exports to the US are expected to increase by 20 percent after the US imposed a lower tariff on Pakistan. Ministry of Finance sources said that due to the tariff deal, the US will get tax concessions on new investments and under t…
Foreign exchange reserves reached $19.6 billion.
According to the State Bank of Pakistan, foreign exchange reserves have decreased by $153 million in a week due to external payments. According to Express News, the State Bank of Pakistan has released a weekly report on foreign exchange reserves. Ac…

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