Small industries to be opened gradually: Hammad 

Minister for Industries and Production Hammad Azhar has said the government is not only providing financial help to unemployed and needy people...

Russian central bank turns attention to banks hit by slower gold exports

MOSCOW: Russia's central bank is considering how to help the country's commercial banks with gold storage after complications with bullion exports because...

Remittances rise 3.8pc to $1.8bn in March

KARACHI: Overseas Pakistani workers remitted $1,894.4 million in March 2020, a rise of 3.8pc or $69.4 million, when compared with $1,825.0 million...

Cellular companies seek permission to launch 3G/4G in AJK, GB without auction

ISLAMABAD: As the auction process of 3G/4G internet services in Gilgit-Baltistan (GB) and Azad Jammu Kashmir (AJK) has been in limbo for...

Govt to allow opening of industrial units with confirmed export orders

ISLAMABAD: The government has decided to allow the opening of industrial units with confirmed export orders, sources revealed on Friday. According to details,...
Illicit tobacco

Govt fails to implement surcharges on tobacco, sugary drinks

ISLAMABAD: The government has failed to implement the cabinet’s decision pertaining to imposing a Rs 10 surcharge on tobacco products and Rs1...

SBP to businesses: stop firing people, get a cheap loan instead

Businesses can now get loans at 4% from banks to cover salaries from April to June 2020

‘Liquidity constraints’: Steelmakers appeal to operate during lockdown

'Construction industry will not be able to commence operations in the absence of steel'

Weekly inflation falls 0.44pc

Inflation drops to 8.2pc following a decline in food prices

MoC releases over Rs21bn DLTL refunds for industries

ISLAMABAD: In order to ensure that exporters pay dues to their employees amid industrial shutdown in the country, the Ministry of Commerce...

Stocks gain 195 points in volatile session

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Friday, with the benchmark KSE-100 Index making a swift recovery after...

Pakistan to receive $1.4billion IMF in coming week: Sanchez

ISLAMABAD: Resident Representative of International Monetary Funds (IMF) in Pakistan Maria Teresa Daban Sanchez has that Pakistan would receive $ 1.4 billion...
IMF MD Kristalina Georgieva

IMF head sees worst economic downturn since Great Depression

WASHINGTON: The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world’s poorest countries...

FBR proposes ‘electronic fiscal devices’ for integrated enterprises

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed the installation of electronic fiscal devices for integrated enterprises. The tax department on Thursday...
Dr Sania Nishtar-Ehsaas Kifalat Programme

‘Ehsaas’: Capital administration disburses Rs9.6m among 8,000 beneficiaries

ISLAMABAD: The federal capital administration with the help of the Poverty Alleviation Division on Thursday disbursed Rs9.6 million among 8,000 beneficiaries under...