Stocks bounce back to recover overnight losses
Late buying helps KSE-100 Index gain 231 points
Govt foresees 2pc growth economic growth in FY21
ISLAMABAD: As the economic growth has come down to a negative 0.4 per cent after the outbreak of the Covid-19 pandemic, the...
Exports plunge 33pc to $1.39bn in May
ISLAMABAD: In line with the expectations, the country's exports witnessed a major setback during the month of May 2020, mainly due to...
Imran promises ‘special funds’ to Balochistan for uplift
ISLAMABAD: Prime Minister Imran Khan has vowed that a special portion will be allocated to Balochistan under the Public Sector Development Programme...
In a first, Pakistan earns $6.2m through cigarette exports
Although Pakistan has been exporting tobacco raw material, this is the first time the country exported finished products
Food inflation on the rise despite reduction in POL prices
PESHAWAR: The prices of edible items remain high in provincial capital despite a record cut in oil prices and declining international rates...
SBP reserves drop by a whopping $1.7bn
After suffering biggest weekly loss, SBP reserves now stand at $10.4bn
PSM privatisation to help govt save Rs700m per month: minister
ISLAMABAD: Industries and Production Minister Hammad Azhar said on Thursday that the government had decided to privatise Pakistan Steels Mills (PSM), as...
Stocks lose 282 points on selling pressure
KARACHI: Bears took control of the Pakistan Stock Exchange (PSX) on Thursday, with the benchmark KSE-100 Index shedding over 250 points amid...
SBP raises Rs146.5bn from T-bill auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs146.5 billion through T-bills, against the auction target of...
Moot says budget must put people first
ISLAMABAD: Pakistan had 60 million people unemployed even before the pandemic, while the current crisis has added an estimated 20 million more,...
CDWP approves seven projects worth Rs24bn
ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved seven projects worth Rs24 billion and recommended one project worth Rs11.35 billion...
Govt’s measures helped contain Covid-19 damage to economy, says SBP governor
ISLAMABAD: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Wednesday said that the coronavirus outbreak had delayed but not derailed...
ECC approves firing all Pakistan Steel Mill employees
–Finance ministry to release Rs20bn compensation package for 9,350 employeesÂ
–ECC forms body to hedge oil prices, asks Finance Division to release Rs23bn...
Cement sales plunge 37.6pc in May
ISLAMABAD: The impact of construction package announced by the government is yet to be seen, as domestic cement uptake declined by a...