Silk Bank requests SBP to extend 3Q 20219 financials 

The Silk Bank has requested the State Bank of Pakistan (SBP) that the approval and disclosure of the third quarter of 2019...
National Savings

CDNS achieves net target of Rs185b of current year

ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved a collection net target of Rs185 billion of the current fiscal year...

Japan’s economy tips into recession amid Covid-19

Japan dived into its first recession since 2015, according to official data Monday, with the world's third-largest economy contracting by 0.9 percent...
Imran Khan

PM to launch cash disbursal programme for jobless workers today

ISLAMABAD: Prime Minister Imran Khan will launch  Ehsaas Emergency Cash Programme on Monday for those rendered jobless due to coronavirus. Over Rs 3...

Asian equities climb as countries slowly reopen

Asian markets rose Monday as a further easing of lockdowns around the world offset another round of data highlighting the sharp economic...

EU trade deal can be done despite talks stalemate: Gove

LONDON: Senior British government minister Michael Gove said on Sunday there was a post-Brexit trade deal to be done with the EU...

Ignore SOPs and entire market will be shut down, govt warns traders

ISLAMABAD: The National Command and Operation Centre (NCOC) on Saturday warned the traders and shop owners that non-compliance of standard operating procedures (SOPs)...

APTMA expects improvement in exports from this month

LAHORE: The textile industry has apprised the federal government of its target of achieving 45pc exports in May and 55pc exports in...

ICCI calls for further reduction in policy rate

ISLAMABAD: Reacting to the 1pc slash in interest rate by the State Bank of Pakistan, Islamabad Chamber of Commerce and Industry (ICCI)...

COVID-19: Spending on eating out falls 70pc, grocery shopping increases 58pc

LAHORE: Consumer spending on groceries post coronavirus lockdown increased by 58pc per cent, whereas the amount spent on eating out fell by...

Govt may reduce development budget to Rs530bn in FY21 

ISLAMABAD: As the COVID-19 pandemic has left limited room for the government to spend on development projects, the Centre has planned to...

Pak-Afghan border opens for round the clock trade; businessmen hail decision

PESHAWAR: The government has announced the opening of Pak-Afghan border at Torkham and Chaman posts round the clock for six days per...

Gold imports drop 2.2pc in 10 months

ISLAMABAD: Gold imports into the country decreased by 2.18pc during the first ten months (July-April) of the current financial year (FY20) as...

Preparation process of new budget is in full swing: Secretary Punjab

Preparation process of budget of new fiscal year is in full swing. In this connection, Secretary Punjab government Muhammad Abdullah Sumbal said that...

Hafeez calls for fiscally responsible attitude to mitigate impacts of Covid-19

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has called for demonstration of fiscally responsible attitude...