Petroleum minister briefed on pace of offshore drilling at Indus G-Block
Exxon Mobil Chief Executive Officer Irtiza Syed on Wednesday briefed Petroleum Minister Ghulam Sarwar Khan on the pace of ongoing exploration activity in ultra-deep...
CCP set to conduct open hearing to address competition concerns in sugar sector
ISLAMABAD: To answer queries regarding stakeholder concerns in Pakistan’s sugar sector, the Competition Commission of Pakistan (CCP) has called for an open hearing scheduled...
SBP reserves fall $82m to $12.9bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped 0.63pc on a weekly basis, according to data released by the...
‘Cement industry to operate at only 78pc capacity’
Dec 2019 sees cement despatches grow by more than 10pcÂ
PSE borrowing reaches a record high of Rs 128.5bn in July -Mar
Public-sector enterprises (PSEs) continue to borrow from the commercial banks as all attempts by the government to privatise loss-making PSEs continues to be criticised...
Moody’s predicts strong growth, reduced fiscal deficit for Pakistan
As per Moody's Investors Service, Pakistan shows a strong growth performance, fiscal deficit reduction and improved inflation dynamics underpin the government of Pakistan’s B3 rating...
KSE-100 welcomes FY21 with 485-point rally
KARACHI: The Pakistan Stock Exchange (PSX) greeted the financial year 2020-21 (FY21) with positivity, as the benchmark index extended its rally from the previous...
Nosheen Javed to head FBR in Zaidi’s absence
ISLAMABAD:Â In the absence of the Federal Board of Revenue (FBR) Chairman Shabbar Zaidi, the federal government has appointed Member Admin Nosheen Javed Amjad, a...
Pakistan received $489 million loans & grants in July
The government had projected overall foreign assistance for FY19 to be around $9.6 billion compared to $11.486 billion in FY18
Draft agreement for settlement of PSM debts to be shared with stakeholders: Privatization Commission
ISLAMABAD: A draft agreement for settlement of Pakistan Steel Mills debts will be shared with stakeholders for deliberation and input, decided the Privatization Commission...
Agri package helped sector to grow by 3.46pc in FY 2016-17: Dar
Finance Minister Senator Mohammad Ishaq Dar said Sunday due to the relief package announced by the government, the agriculture sector had received a major boost...
FBR collected Rs23.8 billion from real estate sector in FY18
During FY18, the Federal Board of Revenue (FBR) amassed Rs5.2 billion in taxes on sale and transfer of properties, which was 14 percent higher than FY17
KSE-100 index surges past 48,000 mark in almost two years
KARACHI: On Monday, the Pakistan Stock Exchange's key KSE-100 index surpassed the 48,000 level for the first time in nearly two years, showing a...
PM tasks Dr Ishrat to ensure paperless culture in all ministries
ISLAMABAD: Prime Minister Imran Khan Thursday expressed serious concern over negligible progress in some important ministries towards employing e-solutions for conducting official business.
He said this while...
Czech minister calls for increased bilateral trade with Pakistan
KARACHI: Czech Republic's Deputy Minister for Foreign Affairs Ivan Jancarek has said that the global economic, environmental, and financial changes have caused lower trade...
