PM inaugurates ‘Pakistan Banao Certificate’ scheme for overseas Pakistanis
PM vows that under his government, the Pakistani diaspora will feel proud to hail from the country
Says an IMF bailout would have...
SBP forex reserves decline 0.50pc to touch $13,787.9m
Karachi: Decline in foreign exchange reserves continued for the fourth consecutive week as reserves held by State Bank of Pakistan (SBP) touched $13,787.9m on...
Economy tightened: Monetary Policy at 15% after a 125 bps hike
KARACHI: The Monetary Policy Committee (MPC) at the State Bank of Pakistan (SBP) has decided to hike the policy rate by 125 basis points...
China to reduce restrictions on foreign investment
SHANGHAI:Â China will reduce restrictions on foreign investment and address difficulties facing foreign companies investing in the country, the commerce minister said, according to a...
Motorbike, three-wheeler sales up 19.6pc in July-Aug FY21
ISLAMABAD:Â The sale of motorbikes and three-wheelers witnessed an increase of 19.59pc during the first two months (July-August) of the current financial year (FY21) as...
Pakistan Railways earned Rs40b in FY 2016-17
Lahore: With continuous efforts and hardwork of railways management, officers and workers, Pakistan Railways’ income increased to Rs 40 billion in 2016-17, (Rs 4.53...
U.S. leading indicators point to recession starting soon
An index designed to track turns in U.S. business cycles fell for the 15th straight month in June, dragged down by a weakening consumer...
Govt mulling to float sukuk bonds for financing circular debt
The sukuk issuance is planned for later this month, subject to the stakeholders reaching an agreement on the terms and conditions
Pakistan acquires $2.5b in loans in just 4 months
ISLAMABAD: The government continues to conduct external borrowing with another $2.5 billion acquired during the four months (July-October) to support foreign exchange reserves that are already...
Food imports rose 20.21 percent during July-October
ISLAMABAD: The country’s food imports increased by 20.21 percent during the first four months of the current fiscal year compared to corresponding period of...
Pakistan, China decide to include new projects in CPEC
The Joint Coordination Committee (JCC) has agreed, in principle, to include Keti Bunder Sea Port Development project, as well as Naukuridi-Mashkhel-Panjgur road project (which...
Govt hopeful of raising tax-to-GDP ratio to 13.9% in next three years
It also forecasts to raise the revenue-to-GDP ratio to 14.6% by 2021-22, including FBR collection and revenue from other sources
PM reduces prices of petrol, diesel
LAHORE: In the latest development, on the recommendations of Oil and Gas Regulatory Authority (OGRA), the Prime Minister of Pakistan, Imran Khan has approved...
Government releases Rs 357.507 billion under PSDP
ISLAMABAD:Â The federal government which announced over a trillion rupees worth development budget last year, has only released Rs 357.507 billion under its Public Sector...
Pakistan desires enhanced trade ties with Uzbekistan: Dawood
Uzbekistan's deputy PM will visit Pakistan next month to sign MOU on 'Pak-Uzbek Joint Working Group'
