Fitch affirms Pakistan’s rating at ‘CCC’ with stable outlook – Viral News
In its recent assessment, US-based credit rating agency Fitch Ratings has chosen to affirm Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'CCC'.
Despite some...
Cotton production surges by 81pc, but challenges loom over target achievement – Viral News
Pakistan’s cotton ginners report a substantial increase in cotton bales harvested this year, surpassing last year’s figures by a significant 81 percent.
As of November...
Ten years ago Chenab Limited defaulted on its loans. Now it looks towards second...
This is the story of a rise, a fall, and possibly a second act. Over the past fifteen years the Chenab Group has faced...
PSX eyes 32% growth by Dec 2024 – Viral News
KARACHI:
Taking cues from political stability and economic turnaround, the Pakistan Stock Exchange (PSX) is projected to grow by 32% over the next 13-months, reaching...
Pakistan’s case absent from IMF agenda until mid-December – Viral News
Pakistan’s inclusion in the International Monetary Fund’s (IMF) executive board schedule is delayed until mid-December, hindering the approval of the staff-level agreement (SLA) and...
Pakistan loan tranche review not included in IMF board meeting agenda till mid-Dec –...
IMF might hold parleys on second review probably after elections.Â
The ongoing SBA programme is going to expire on April 14, 2024.
Islamabad’s...
Exporters worried as Afghanistan raises kinnow customs duty by 43.5pc – Viral News
The Afghan government has implemented a substantial increase in customs duty on kinnow imports effective from November 27, causing concern among exporters and local...
Pakistan launches VC Fund to boost startup ecosystem – Viral News
Pakistan is setting up a venture capital fund to support local startups that are seeking early-stage funding from global investors.
The fund, which will be...
SBP’s Forex reserves increase by $77m to $7bn – Viral News
The State Bank of Pakistan (SBP) reported a rise of $77 million in foreign exchange reserves in the week ending November 24, bringing the...
Interloop acquires 64% stake in US firm Top Circle Hosiery Mills – Viral News
Interloop Limited, a leading Pakistani textile company, has announced the completion of its acquisition of a 64% equity stake in Top Circle Hosiery Mills...
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SINGAPORE:
Lilia Vu said Wednesday she was not setting herself many goals this year after storming to world number one in 2023, but qualifying for...
Babar Azam slips down in ICC Test rankings ViralNews
A host of India's match-winners from the fourth Test against England in Ranchi have been rewarded by reaching new career-high ratings on the latest...
Wrestling icon Virgil (Michael Jones) passes away at 61 ViralNews
Mark Charles III Charles also known as 'The Count', shared the heartbreaking news on Facebook
The wrestling community is in mourning as Michael Jones, belovedly...