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...
Imran Khan

Budget FY21: PM for provision of all possible incentives to industry  

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 meeting

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...

‘Liquidity constraints’: Garment manufacturers for zero-rating facility in FY21

LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has called for the restoration of zero-rating facility of 'no payment and...

Chinese-funded law firm to provide legal aid to companies in Pakistan

BEIJING: Zhongao Law Firm, a first Chinese-funded law company has been established to provide legal services and assistance to the Chinese enterprises...

First cargo ship carrying wheat, urea reaches Gwadar: Asim

Special Assistant to the Prime Minister on Information and Broadcasting and Chairman CPEC Authority Lieutenant General (retired) Asim Saleem Bajwa says first...

PIA CEO briefs President Alvi about investigation into plane crash

President Dr Arif Alvi has directed Chief Executive Officer of Pakistan International Airlines Air Marshal Arshad Malik to expedite the process of...

UK provides further assistance to Pakistan to fight Covid-19

The United Kingdom is providing more assistance besides latest 4.39 million pounds package to Pakistan in the fight to stop the spread...

Xiaomi Redmi launches Note 9 Pro and Redmi Note 9 in Pakistan

Global technology leader Xiaomi has announced Redmi Note 9 Pro and Redmi Note 9 in Pakistan. Redmi Note series has been offering some...

Volkswagen to invest over $2bn in Chinese electric vehicle sector

BEIJING: Volkswagen, the German car company, said Friday it will invest around €2 billion ($2.2 billion) in two Chinese companies in the...

PM’s aide terms Covid-19 ‘an opportunity to reshape business models’

ISLAMABAD: Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Friday that the Covid-19 pandemic has certainly brought...