Pakistani Rupee Strengthens in Early Trade — Brackly News Intra‑Day Update
On Monday morning, the Pakistani rupee displayed modest strength against the US dollar in the inter‑bank market, appreciating by 0.06% in opening hours. By 10:10 am,...
Category : Business
‘So far, so good’: Aurangzeb says talks with IMF headed in right direction
Finance Minister Muhammad Aurangzeb on Wednesday said that talks with the International Monetary Fund (IMF) were headed in the “right direction”. He made the remarks...
Competition Commission of Pakistan approves PTCL’s acquisition of Telenor with conditions
The Competition Commission of Pakistan (CCP) has approved Pakistan Telecommunications Limited’s (PTCL) acquisition of mobile carrier Telenor Pakistan and Orion Towers shareholdings, according to a...
Competition Commission of Pakistan approves PTCL’s acquisition of Telenor Pakistan with conditions
The Competition Commission of Pakistan (CCP) has approved Pakistan Telecommunications Limited’s (PTCL) acquisition of mobile carrier Telenor Pakistan and Orion Towers shareholdings, according to a...
Pakistan repays $500m Eurobond on schedule, reflecting ‘fiscal discipline, stronger economy’
Pakistan has repaid its $500 million Eurobond on schedule, with the government saying the timely servicing reflects fiscal discipline, stronger reserves, improved ratings, and a...
Textile exporters struggle amid rising costs and tariffs
KARACHI: Pakistan’s textile sector is struggling to benefit from a reduced Indian presence in the United States market, with rising production costs, declining cotton quality,...
IDB approves $475m for M-6 Sukkur-Hyderabad motorway
ISLAMABAD: The Islamic Development Bank (IsDB) has approved $475 million in financing for the M-6 Sukkur-Hyderabad motorway project, aiming to enhance Pakistan’s transport infrastructure by...
CCP clears merger of PTCL with Telenor
ISLAMABAD: The policy board of the Pakistan Telecommunication Company (PTCL) has accepted the terms and conditions set by the Competition Commission of Pakistan (CCP) for...
ADB warns of risks from policy slippage, climate change
ISLAMABAD: The Asian Development Bank (ADB) has maintained Pakistan’s growth forecast for the current year at three per cent, while revising its inflation forecast upwards...
FBR misses Q1 target by Rs199bn
ISLAMABAD: The Federal Board of Revenue (FBR) fell short of its revenue collection target by Rs199 billion in the first quarter (July-September) of the current...