Dairy industry’s woes multiply as Covid-19 disrupts supply chain
LAHORE: Already dealing with many deep-seated issues such as financial insecurity, untrained manpower, unregulated market, fragile production base, seasonality of milk production...
Stocks fall flat amid lacklustre trade
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Wednesday, with the benchmark KSE-100 Index retreating all gains accumulated...
Cabinet approves policy for local manufacturing of mobile phones
ISLAMABAD: Following approval from the Economic Coordination Committee (ECC), the federal cabinet on Tuesday gave a go-ahead to the first-ever Mobile Device...
Dollar continues to gain value, reaches Rs164.08
In line with the recent trend, the value of US dollar continued to surge on Tuesday, as the greenback rose by another...
‘Hedging of oil price’ among 11 items on ECC’s agenda
ISLAMABAD: The Economic Coordination Committee (ECC), in its upcoming meeting, would take up an issue pertaining to the "hedging prices" for imported...
Cabinet approves export of PPE, hand sanitisers
Exports rise by 34pc in May; current account deficit contracts from $11.4bn in FY19 to $3.3bn
Minister calls for early completion of privatisation process
ISLAMABAD: The Financial Advisory Consortium (FAC) on Tuesday briefed the Privatisation Commission on the progress made in negotiations with various bidders regarding...
Stocks rally 386 points amid improved sentiments
KARACHI: After yesterday's lacklustre performance, indices of the Pakistan Stock Exchange (PSX) witnessed bullish movements on Tuesday, with the benchmark KSE-100 Index...
Govt to offer sector-specific subsidies in upcoming budget
ISLAMABAD: The federal government has decided to offer subsidies only for "targeted sectors" in the next fiscal year, sources revealed on Monday.
According...
Rs583bn released for projects under PSDP
ISLAMABAD: The federal government has released Rs583 billion against the total allocation of Rs701 billion for various ongoing and new uplift projects...
Budget FY21: PM for provision of all possible incentives to industry Â
ISLAMABAD: Prime Minister Imran Khan said on Monday that all efforts should be made to incentivize the country’s industrial sector and create...
Inflation eases further to 8.2pc in May
ISLAMABAD: Continuing with its recent declining trend, the rate of inflation in the country further slowed to 8.22pc on a year-on-year basis...
Stocks gain 90 points in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a dull start to the trading week, with the benchmark KSE-100 Index managing to close...
FBR needs Rs372bn in June to meet revised revenue target
Tax dept collects Rs227bn in May, as against the revised target of Rs250bn
ECC approves disbursement criteria for Rs200bn Islamic Sukuk
ISLAMABAD: The Economic Coordination Committee (ECC) on Saturday approved the criteria for the disbursement of Rs200 billion, received through Islamic Sukuk, in...