A money dealer counts dollar bills at an exchange company. — ReutersReceivables from KE alone stood at Rs229bn by September 2025. Rising debts pressure govt to speed reforms, curb financial leakages.Economists warn widening deficit could strain forex reserves.
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PIA privatisation possible by November this year, Senate standing committee told
A Pakistan International Airlines’ aeroplane can be seen in this undated image. —APP/File
Four firms join race and two fail to meet standards. Senate panel reviews progress on PIA, DISCOs, GENCOs, PMDC.Senators raise concern over PIA debt and energy supply.
PSX hovers near record highs before retreating amid ratings speculation
Brokers are busy in trading at Pakistan Stock Exchange in Karachi on Wednesday, June 4, 2025. — PPIThe KSE-100 Index closed at 136,379.96 points, up 440.09 points, or 0.32%.The index touched an intraday high of 137,232.10, gaining 1,292.23 points, or 0.95%.Session’s low was…
Indian rupee hits record low, puts central bank on defensive amid inflation fears
Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, India, May 24, 2024. — ReutersIndian rupee down over 4 per cent since beginning of US-Iran war.Higher oil prices threaten to slow India’s growth, raise inflation.Analysts reckon…