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Staff-level agreement reached with Pakistan for release of USD 1.17 bn loan tranche-
By PTI ISLAMABAD: Pakistan is at a “challenging economic juncture,” the IMF has said as it reached a preliminary Staff-Level ...
Despite border standoff, India-China trade goes up to over USD 67 billion in first half of 2022-
By PTI BEIJING: The India-China trade is on course to cross USD 100 billion for the second consecutive year as ...
Twitter sues Tesla CEO Elon Musk over his termination of USD 44 billion takeover deal
Image Source : AP (FILE). Twitter filed its lawsuit in the Delaware Court of Chancery, which frequently handles business disputes ...
CEO of 19 firms charged with selling fake Cisco devices worth USD 1 billion for many years-
By IANS WASHINGTON: A US court has charged a man that ran 19 companies and at least 15 Amazon storefronts, ...
Pakistan’s trade deficit hits record-high of USD 48.66 billion as imports soar-
By PTI By Sajjad Hussain Islamabad, Jul 3 (PTI) Cash-strapped Pakistan’s trade deficit has surged to an all-time high of ...
Indian-origin man with 39 Teslas arrested in US for alleged USD 45 million investment fraud-
By PTI WASHINGTON: A 50-year-old Indian-origin tech entrepreneur has been arrested in the US for an alleged investment scheme that ...
IMF sets tough conditions to revive USD 6 billion loan-
By PTI ISLAMABAD: The IMF has set tough preconditions like hiking electricity tariffs and imposing a levy on petroleum products ...
China provides USD 2.5 billion loan to Pakistan to boost its forex reserves-
By PTI BEIJING: China has again rushed to bail out Pakistan by providing USD 2.5 billion in assistance to prop ...
PM Sharif says Pakistan could receive USD 2 billion bailout from IMF-
By PTI ISLAMABAD: Pakistan could get a bailout of USD 2 billion from the International Monetary Fund (IMF), Prime Minister ...