Russia ready to assist Pakistan Steel Mills expansion

Russia has offered assistance in the expansion of Pakistan Steel Mills (PSM). The 200 Russian companies are keen to explore opportunities in Pakistan, a top Russian leader said here on Friday.

Pakistan’s per capita income jumps 9.75% to $1,824 amid economic rebound

Provisional data shows GDP crosses $410bn as per capita income hits record high

‘French investors keen to explore opportunities in Pakistan’

French Ambassador Marc Barety said that the French businessmen are willing to explore different sectors of Pakistan’s economy for investments. Talking to Senate’s...

Govt to facilitate local construction industries for economic revival

CAP requests planning minister to establish a Construction and Infrastructure Development Board  ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar has underlined...

‘Pakistan desirous of forging close trade ties with Africa’

ISLAMABAD: President Dr Arif Alvi said on Thursday Pakistan was desirous of forging close trade, commercial and investment ties with the African continent. Talking...

Following Volkswagen, Pakistan desires more investment from Germany

ISLAMABAD: Foreign Minister Makhdoom Shah Mahmood Qureshi on Thursday welcomed the German automaker Volkswagen’s decision to start manufacturing vehicles in Pakistan. He also invited...

UK urged to help Pakistan tackle money laundering

LONDON: Information Minister Chaudhry Fawad Hussain urged the United Kingdom to work in collaboration with Pakistan to eliminate the scourge of money laundering. He...

Decoding the Rs 17.57 trillion federal budget

A Pakistani’s guide on how to make sense of the federal budget 2025-26

SBP warns flood-related disruptions may widen imports, push inflation above target in FY26

Annual report says prudent monetary policy, fiscal consolidation, favourable global commodity prices, and IMF loan program helped strengthen macroeconomic stability in FY25

SBP enforces new measures to control US dollar transactions

Pakistan tightens currency controls, biometric verification required for large dollar transactions

Pakistan’s 2025 floods inflict $1.4 billion damage, agriculture sector hardest hit: report

Punjab 1.3 million acres of crops submerged; agricultural output may drop 15–20%, potentially reducing GDP by 0.5–1.0%

Petrol, diesel prices slashed by Rs2 for April 2018

ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...

Railways minister vows Rs10bn profit in FY19

RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed on Wednesday said that the department has set a target of receiving Rs10 billion in profit margins...

CPEC must be materialised without further delay: Sartaj Aziz  

'A knowledge corridor under CPEC will help Pakistan bridge the gap between artificial intelligence and technology' ISLAMABAD: Former finance minister Sartaj Aziz has said...

Federal cabinet to decide subsidy for captive power plants tomorrow

ISLAMABAD: In an apparent bid to provide a subsidy to “influential” owners of captive power plants, the Petroleum Division, on the advice of the...