Daily Archives: Mar 12, 2025

Business
News Desk

Banking Sector spread inched up by 1.4% on YoY basis in...

As per the data released by the SBP the Banking sector spread for the month of December 2023 has decreased by 1 basis points...
News Desk

SBP has sold T-bills worth Rs185bn and yields drop by up...

The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs184.66 billion for 3,6 and...
News Desk

Pakistan’s economy to grow by 2-2.5% this FY: Shamshad

Caretaker Finance Minister Dr Shamshad Akhtar projected on Saturday that the country's economic growth will rebound by 2-2.5% in the current fiscal year. Virtually addressing the 'IPO...
News Desk

Gold rates increase by Rs. 300 per tola

The per tola price of 24 karat gold increased by Rs. 300 and was sold at Rs. 215,300 on Saturday compared to its sale...
News Desk

IMF revises deficit upward to 7.7pc of GDP

The International Monetary Fund (IMF) has upward revised the budget deficit (excluding grants) to 7.7 percent of the GDP for the current fiscal year...
News Desk

MARI hits success with second Ghazij Well in Sindh lease

Mari Petroleum Company Limited (PSX: MARI) has successfully drilled and tested the second appraisal well in the Ghazij formation in the Mari Development and...