EDITION: US | UK | Canada
Thecapitalpost.com - Breaking, International, Business, Sports, Entertainment, Technology and Video NewsThecapitalpost.com - Breaking, International, Business, Sports, Entertainment, Technology and Video News
Sign In|Sign Up
 
 
Bridging The Gap
Saudi Arabia to give Pakistan $3.2b oil on deferred payments from July Saudi Arabia to give Pakistan $3.2b oil on deferred payments from July
Pakistan has announced that the delayed $3.2 billion Saudi oil and gas facility on deferred payments would become operational from July this year, which is likely to partially relieve pressure on external sector payments. The announcement was made by Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh through his newly created twitter account @a_hafeezshaikh. Shaikh had no twitter accou...
 Read More 
Pakistan condemns Houthi missile fire towards Makkah Pakistan condemns Houthi missile fire towards Makkah
Pakistan condemned on Tuesday the firing of two ballistic missiles by Yemeni Houthis towards Makkah which were intercepted by Saudi Arabia. The Foreign Office hit out at the aggression and commended the Saudi defence forces for intercepting the missiles. “Islamabad reaffirms its solidarity with Saudi Arabia and reiterates its support against any threat to the security of the Kingdom,” the co...
 Read More 
Monetary policy: SBP hikes interest rate by 150bps to 12.25% Monetary policy: SBP hikes interest rate by 150bps to 12.25%
KARACHI: The State Bank of Pakistan (SBP) has hiked key interest rate by 150 basis points to 91-month(nearly eight years) high at 12.25% in anticipation of acceleration in inflation under the International Monetary Fund’s (IMF) loan programme on Monday. The monetary policy committee at the central bank tightened the policy keeping in view the rising inflationary pressure due to rupee deprecia...
 Read More 
Opposition puts up 'grand show' at Iftar-dinner in Islamabad Opposition puts up 'grand show' at Iftar-dinner in Islamabad
Opposition parties put up a grand show at an Iftar-dinner hosted by Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari in the federal capital on Sunday. This is the first occasion when Bilawal and Maryam Nawaz met face to face as key leaders of their respective parties. The daughter of three-time prime minister Nawaz Sharif was leading a delegation of PML-N leaders including former...
 Read More 
No oil, gas reserves found off Pakistan shore No oil, gas reserves found off Pakistan shore
ISLAMABAD: The 18th attempt to find hydrocarbons off the shore of Pakistan has been futile as no oil and gas reserves have been found. Around four months ago, Italian firm ENI, the operator of the Kekra-1 offshore block, started drilling in a joint venture with US firm ExxonMobil — one of the world’s largest oil and gas firm — and the Oil and Gas Development Company Limited (OGDCL). “Howev...
 Read More 
PPP leader Kaira's son dies in road accident PPP leader Kaira's son dies in road accident
A teenage son of Pakistan People’s Party (PPP) leader Qamar Zaman Kaira died in a road accident in his hometown Lalamusa, Punjab on Friday. Rescue sources said Usama Qamar’s vehicle was moving at a high speed when it rammed into a tree, resulting in fatal injuries. Kaira was informed of the accident during a press conference. The deceased was a student at the Government College Lahore. ...
 Read More 
Rupee suffers battering in interbank Rupee suffers battering in interbank
KARACHI.: Barely a day after Prime Minister Imran Khan formed a committee to control devaluation of the local currency and capital flight from the country, the dollar on Thursday rocketed to a new all-time high against the rupee in the interbank market. The greenback was traded at Rs148.50 to the US dollar in the wee hours before being settled at Rs146.52. Accordingly, the local currency f...
 Read More 
Rupee hits record low at 146.25 in open market Rupee hits record low at 146.25 in open market
KARACHI: The rupee hit a new intra-day low of 147 to the US dollar in the open market on Wednesday and closed at a record low at 146.25 as demand for dollars remained high, primarily in anticipation of a further depreciation of the local currency in the wake of a loan agreement with the International Monetary Fund (IMF). Prime Minister Imran Khan held a meeting during the day with major curre...
 Read More 
PTI govt's first tax amnesty scheme approved PTI govt's first tax amnesty scheme approved
The Pakistan Tehreek-e-Insaf government announced on Tuesday its first tax amnesty scheme — Asset Declaration Scheme — after it was approved by the federal cabinet. The announcement was made by Adviser to the Prime Minister on Finance Hafeez Shaikh. “The main objective purpose of the scheme is not to generate revenue but to document the economy and to bring dead assets into the economy,” he ...
 Read More 
Pakistan, IMF strike $6 billion deal: Hafeez Shaikh Pakistan, IMF strike $6 billion deal: Hafeez Shaikh
The government has struck a deal with the International Monetary Fund (IMF) on financial packages for about $6 billion, PM’s Adviser on finance Dr Abdul Hafeez Shaikh announced on Sunday. He said this while speaking to state-run Pakistan Television (PTV). The staff level agreement on economic policies, which could be supported by a 39-month Extended Fund Arrangement (EFF) aimed to support Pa...
 Read More 
Displaying 41 to 50 (of 2628 new item.) Result Pages: [<< Prev]   1  2  3  4  5 ...  [Next >>] 
 Latest News »
 
  Iraqi refugee Nadia Murad to T...
  Trump says U.S. shot down Iran...
  Trump retreats on citizenship ...
  Cities with the biggest Fourth...
  Donald Trump meets Kim Jong Un...
  Supreme Court blocks 2020 cens...
  A US attack could be imminent ...
  Donald Trump formally launches...
  Donald Trump talks health care...
  Tree planted by Trump and Macr...
  Queen Elizabeth greets Donald ...
  Donald Trump to formally decla...
  Trump: I was 'not informed' ab...
  President blasts Biden, Democr...
  Missouri Gov. Mike Parson sign...
  Trump attacks Rep. Amash as a ...
  Donald Trump says 'controversi...
  'We would like to get to yes:'...
  Melania Trump hosts the 141st ...
  Donald Trump golfs with Rush L...
 
 

Washington, DC

  ©2010 The Capital Post. All rights reserved.