Rozgar Scheme: SBP enhances financing limit to protect workers’ wages
KARACHI: The State Bank of Pakistan (SBP) has increased the financing limits for its temporary scheme, under which businesses can get loans...
Pakistan gets $1.8bn loan rescheduled from friendly countries
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Monday that $1.8 billion worth of loans...
SBP to announce monetary policy on 15th
KARACHI: The State Bank of Pakistan’s Monetary Policy Committee will meet on Friday (May 15) in Karachi to decide the country’s monetary policy.
The...
Stocks close flat amid lack of triggers
KARACHI: The Pakistan Stock Exchange (PSX) moved in a narrow range on Monday, with the benchmark KSE-100 Index closing flat amid a...
Asian shares push higher as more countries ease lockdowns
SYDNEY:Â Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some...
Oil prices drop amid supply glut, fears of second coronavirus wave
SINGAPORE: Oil prices fell on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to...
ECC, cabinet decisions led to hike in sugar prices: Abbasi
ISLAMABAD:Â Former prime minister Shahid Khaqan Abbasi on Saturday said that the decisions taken by the Economic Coordination Committee (ECC) and federal cabinet...
‘NCC-approved business activities to begin from Monday’
Sindh info minister says decision may be reversed in light of developing situation
Services trade deficit shrinks 30pc in nine months
ISLAMABAD: The country's services trade deficit witnessed a reduction of 30pc during the first three quarters of the current financial year as...
Fiscal deficit to surge, tax revenue to miss target this year: Hafeez Shaikh
‘Revenue has taken a hit. Exports have taken a hit. Remittances have taken a hit, and, above all, our people are suffering’
Tobacco exports surge 60pc to $28.7m
The export of tobacco from the country witnessed an increase of 60.67pc during the first three quarters of the financial year 2019-20,...
‘Uzbekistan desires utilisation of Karachi, Gwadar ports’
Uzbekistan Deputy Prime Minister Sardor Umarzakov has expressed his country's desire to utilise Karachi and Gwadar ports.
According to a statement issued by...
Pakistan, China discuss mega railway project ML-1
Chinese Ambassador Yao Jing and a delegation of China Railway group separately called on Special Assistant to the Prime Minister on Information...
Govt urged to reduce income tax by 50pc in budgetÂ
LAHORE : The country’s leading tax consultants and economic experts on Saturday urged the government to reduce income tax rate by 50 percent...
Saudi, US firms eye stakes in Reliance’s Jio
Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them...