SBP verbally agrees to withdraw import restriction limit of 35pc on US Dollar

KARACHI: State Bank of Pakistan on Tuesday verbally took back a notification which restricted import of dollars up to 35 percent and...

Caretaker government proposes minibudget

Cut in expenditure, additional regulatory duties on the cards

MIP suggests Rs1.73 billion subsidy package for Ramazan

ISLAMABAD: The government is contemplating to reveal a Rs1.73 billion subsidy package for the holy month of Ramazan on the provision of...

Pakistan railways to get up-gradation under CPEC: Saad Rafique

Minister for Railways Saad Rafique Friday said the flagship One Belt, One Road Forum (OBOR) would help Pakistan improve its connectivity sector, particularly railways. The...

FATF conditions: MoF proposes AML/CFT rules for National Savings

Finance ministry to constitute a supervisory board to ensure implementation of new rules

LCCI urges need for establishing display centers at Pakistani embassies abroad

LAHORE The Lahore Chamber of Commerce & Industry has urged the Pakistan’s foreign missions across the world to establish display centers for organizing...

50 member FPCCI delegation to leave for Nepal to attend SAARC conclave

ISLAMABAD: A 50 Member Federation of Pakistani Chambers of Commerce and Industries (FPCCI) delegation will leave for Nepal to participate in the 6th...

PRA implements measures to tackle tax evasion in Lahore’s real estate sector

With a focus on the DHA area, the authority seeks to increase tax collection and meet revenue targets

SBP reserves rise $120m to $9.23bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 1.32pc on a weekly basis, according to data released...

Bloodbath at PSX; index plunges 998 points

KARACHI: The Pakistan Stock Exchange (PSX) witnessed another bloodbath on Monday, as with the benchmark index losing over 1,000 points intraday amid persistent...

‘Import of cheap RON fuel will retrograde motorcycle industry’

PAMA says govt's proposal to import cheap RON fuel will result in the rollback of all efforts and investments made to...

Partial govt shutdown compounds risks for US economy

WASHINGTON: Now in its 10th year, America’s economic expansion still looks sturdy. Yet the partial shutdown of the government that began Saturday has...

Fishery exports contribute $276.269m to national exchequer

Islamabad: Pakistan exported around 103,277 tons of fish and fish preparations during first three quarters of last fiscal year 2016-17 which contributed...

Pakistan, IMF yet to reach bailout agreement

Ministry spokesman says agreement will be signed as soon as a favourable programme is given Pakistan and the International Monetary Fund (IMF)...

Devaluation ‘inevitable’, govt says after rupee falls to historic low

Rupee drops to lowest value ever against US dollar at Rs144 in intra-day trading before SBP intervenes to raise it to Rs136.5-137.5 at market close