Business

ISLAMABAD (Kashmir English): Pakistan’s foreign exchange reserves have recorded a significant increase following the receipt of fresh financing from the International Monetary Fund, with the country’s total reserves crossing $22.5 billion. According to figures released by the State Bank of Pakistan (SBP), Pakistan’s total foreign exchange reserves stood at $22.5885 billion as of May 15,

ISLAMABAD (Kashmir English): To mark the 75th anniversary of diplomatic relations between Pakistan and China, the Government of Pakistan has decided to come up with a commemorative coin of Rs. 75 denomination. This coin will be made available for the general public starting from May 25, 2026, via the exchange counters of the field offices

SIALKOT (Kashmir English): The National Savings Division has announced the results of the Rs1500 Prize Bond draw held on May 15, 2026. According to officials, the balloting for Draw No. 106 took place in Sialkot under the supervision of the National Savings Division. Thousands of prize bond holders from across Pakistan participated in the draw,

ISLAMABAD (Kashmir English): MG Motors Pakistan has introduced its new electric hatchback MG4 EV Urban in the local market with modern features and improved range. According to the company, the vehicle is equipped with a 43 kWh battery and a front-wheel drive electric motor, which provides 110 kW of power and 250 Newton meters of

BEJIENG (Kashmir English): Chinese-British automaker MG Motor has officially adjusted down the price of its small electric hatchback, the Binguo EV, in Pakistan to Rs. 5,699,000, which gives buyers a straight saving of Rs. 300,000. This move happens as competition keeps tightening in the country’s growing electric vehicle market. This latest reduction makes the MG Binguo