Import of agricultural machinery surges 8.73pc in FY19
ISLAMABAD: The import of agricultural machinery into the country during the financial year 2018-19 witnessed an increase of 8.73pc, as compared the corresponding period of...
71 out of 84 sugar mills declared losses in FY19: FBR chief
'FBR has agreed to reduce withholding tax for registered sugar dealers'
ISLAMABAD: In a briefing to the Senate's Standing Committee on Finance on Tuesday, Federal...
Stocks extend rally with 605-point gain
KARACHI: Continuing with the positive trend from the previous session, indices of the Pakistan Stock Exchange (PSX) remained in the green zone throughout Wednesday,...
Automotive sector down 7.1pc, while cements lacked 6.1pc in February
LAHORE: Investors at the Pakistan Stock Exchange (PSX) had a mixed month of February. Political uncertainties mostly led investor confidence amongst a severe lack of...
Gas price hike may push urea prices up to Rs128 per kg
The FMPAC spokesman said profits had touched their lowest ebb in the last six years irrespective of record revenues attained by major players
Indicators signify economy heading in right direction: Qureshi
Foreign Minister Shah Mahmood Qureshi has said that increase in foreign exchange amid coronavirus pandemic reflects overseas Pakistanis' trust in the economic policies of...
LPG price slashed by Rs111 per 11.8kg cylinder
The Oil and Gas Regulatory Authority (OGRA) on Friday issued a price-revision notification of liquefied petroleum gas (LPG) for the month of February.
According to...
‘Rs51bn recovered from power sector in four months’
ISLAMABAD: Power Division Minister Omer Ayub Khan said on Tuesday that recovery in the power sector has witnessed an overall increase of Rs51 billion throughout...
Seafood exports surge by 19.45pc
Islamabad: The exports of fish and fish preparations from the country witnessed increase of 19.45 percent during the first eleven months of the fiscal year 2016-17...
Violating banking rules, FBR withdraws Rs2 billion from PRA’s bank accounts
The Punjab government is going to take the matter up with the State Bank of Pakistan (SBP) and the federal government
Govt plans $500m green bond to fund hydropower projects
The government is planning to issue a $500 million green bond in the next few months to help boost the development of hydroelectric power.
The...
MoF fails to implement WB’s $400m finance management programme
-- Only 20pc of the total fund has been utilized to far
ISLAMABAD: As the government is going to introduce reforms in the public sector enterprises...
Political stability key to economic growth: SAARC CCI
ISLAMABAD: SAARC's Chamber of Commerce and Industry (CCI) Senior Vice President Iftikhar Ali Malik Sunday said that political stability studded with uninterrupted continuity of...
Government to finalise budget on June 8
The government is set to finalise the outlay for the federal budget 2020-21 on June 8 in a meeting of the National Economic Council...
Turkey offers support to Pakistan to tackle locust crisis
Turkey has offered to extend support and cooperation in elimination of locusts in Pakistan.
A C-130 plane of Pakistan Air Force has already arrived in...
