[ad_1] Petrol prices in Pakistan are set for a hike as the country continues to reel under severe economic stress. The rise in prices this time is being seen due to a global rise in crude oil prices, Tribune reported. Petroleum prices for Pakistan are primarily influenced by the escalating international prices linked to the […]

[ad_1] Pakistan’s benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary Fund’s board approved a long-awaited $7 billion bailout deal for the struggling economy. The IMF said the new programme will require “sound policies and reforms” to strengthen macroeconomic stability and address structural challenges alongside “continued strong […]

[ad_1] The European Commission (EC) is unlikely to provide Protected Geographical Indication (PGI) tag for Pakistan’s basmati rice in the European Union. This follows the EC’s acceptance of Italy’s opposition to Pakistan’s application filed earlier this year.  The EC made the decision on September 23 after last week’s Committee of Agriculture meeting of the European […]