A view shows the logo of the Organization of the Petroleum Exporting Countries outside its headquarters in Vienna, Austria, May 28, 2024.— Reuters Gulf states struggle to ship exports via Hormuz.UAE exit represents a big win for the US.UAE criticises Arab states for not doing…
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Debt servicing far exceeds defence and PSDP in first half of FY26
A bank employee counts Pakistani rupee notes at a bank in Peshawar, on August 22, 2023. — ReutersDebt servicing at Rs3,563 billion in CFY.Defence spending totals Rs1,044 billion. PSDP is just Rs238 billion in first six months.
ISLAMABAD: Debt servicing continued to outpace…
S&P Global lifts Pakistan’s credit rating ‘B-‘ from ‘CCC+’, outlook stable
People shop in the market in Karachi, March 29, 2025. — Reuters
Pakistan’s credit upgrade to aid global market access: PMImproved rating shows confidence in economic policies: PMS&P cites IMF support, steady recovery in decision
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India hikes gold, silver duties to protect sliding rupee
Employees sit behind counters as they wait for customers inside a jewellery store in the old quarters of Delhi, India, May 11, 2026. — Reuters
India has boosted its import tariffs on gold and silver in an effort to shore up the sagging value of the rupee and bolster foreign…