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 FY21Â
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...
Partial domestic flight operation starts today to facilitate people
Partial domestic flight operation starts from today to facilitate people. This was stated by Aviation Minister Ghulam Sarwar Khan in a video...
SECP extends time period for renewal of licenses
To facilitate not-for-profit companies in the wake on coronavirus pandemic, the Securities and Exchange Commission of Pakistan (SECP) has relaxed the time...
Qureshi again seeks economic relief for poor nations
Foreign Minister Shah Mehmood Qureshi has said the coronavirus pandemic is the gravest challenge of the century and requires collaborative steps among...
‘We have to live with Covid-19 this year’: PM Imran defends decision to reopen economy
ISLAMABAD: Prime Minister Imran Khan on Friday defended the government’s decision to ease the lockdown — imposed to curb the spread of the...
Retail sector sees sharp recovery as govt eases restrictions
--Compared to 11-14 May last year, consumer traffic in Rahim Yar Khan, Multan and Gujrat rises 60pc, 30pc and 15pc, respectively
--Data shows...
PSX witnesses bullish trend as index gains 203 points
KARACHI: Stocks rallied on the last session of the week as investors anticipated a rate cut in the country's monetary policy, which...
SBP slashes interest rate to 8pc as Covid-19 fallout hits economy
–SBP says virus has created ‘unique’ challenges for a monetary policy due to its non-economic origin
–MPC says inflation could fall further than...
SBP to announce monetary policy today
KARACHI: The State Bank of Pakistan’s Monetary Policy Committee will meet on Friday (today) in Karachi to decide the country’s monetary policy.
The...
Moody’s action has nothing to do with Pakistan specifically: SBP
The State Bank of Pakistan (SBP) has made it clear that the placement of Pakistan’s sovereign rating under review by Moody’s Investors...