Negotiation is on to import cheaper oil from Russia: Finance Ministry sources

May 25, 2022

New Delhi [India], May 25 : India is in discussion and exploring the possibilities to buy cheaper oil from Russia using the Rupee-Rouble mechanism,...

Fertiliser firms seek to buy phosphoric acid at cheaper rate than international market

Oct 03, 2022

New Delhi [India], October 3 : Indian fertiliser companies are looking at buying phosphoric acid, used in making fertiliser, at USD 1,000-1,050/tonne for the...

IMF remains unconvinced by Pak govt's amnesty scheme

Mar 24, 2022

Islamabad [Pakistan], March 24 : The International Monetary Fund (IMF) has expressed concerns over the financial impact and financing sources of the Pakistan Prime...

Ahead of FATF meet, Pakistan court issues arrest warrant against Masood Azhar for terror financing

Jan 07, 2021

Islamabad [Pakistan], January 7 : In a significant development, an anti-terrorism court in Pakistan on Thursday issued an arrest warrant against banned Jaish-e-Mohammad (JeM)...

China again bails out debt-ridden Pakistan to repay Saudi loan

Dec 13, 2020

Beijing [China], December 13 : China has again bailed out Pakistan as it has agreed to provide USD 1.5 billion financing line to repay...

Pakistan debts for July-Feb amounts to 59 pc of FY21 annual budget

Mar 21, 2021

Islamabad [Pakistan], March 21 : A debt-ridden Pakistan has received a total of USD 7.21 billion in total external inflows from multiple financing sources...