OGRA proposes Rs20.6 cut in petrol price
Price of HSD, kerosene and LDO likely to fall by Rs33.94, Rs44.07 and Rs24.57 per litre
Stocks extend rally with 605-point gain
KARACHI: Continuing with the positive trend from the previous session, indices of the Pakistan Stock Exchange (PSX) remained in the green zone...
‘Federal budget in 1st week of June, to focus on mitigating people’s sufferings’
Hafeez Shaikh says under the upcoming 'corona-budget', provision of cash, food and employment will be ensured for masses
British Airways set to slash up to 12,000 jobs
LONDON: British Airways is to slash up to 12,000 jobs as part of a restructuring forced on the carrier by the fallout...
Int’l financial institutions start giving incentives to Pakistan: Hafeez
Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that international financial institutions have started giving incentives...
Cabinet okays three-week extension in sugar probe
PM orders ban on the export of all edible items, decision to be reviewed after two weeksÂ
Govt, development partners weigh economic impact of COVID-19
--'Manufacturing and service sectors likely to take a significant hit in 2020'
--'Fiscal deficit could rise to 9.6pc of GDP, while poverty figures...
ADB to provide $15m concessional loan for urban development in Punjab
ISLAMABAD: Asian Development Bank (ADB) will provide Pakistan with a concessional loan worth $15 million for urban development projects in Punjab.
A signing...
Stocks rebound amid improved market sentiments
KARACHI: After a disappointing close to the previous session, the Pakistan Stock Exchange (PSX) turned its direction on Tuesday, with the indices...
Europe restarts car factories as virus cases fall
FRANKFURT: German car-making giant Volkswagen resumed production at its biggest factory on Monday as part of a broader industry drive to get...
Remittances expected to reach $21bn in current fiscal year
The Ministry of Finance has said that the government measures announced recently to boost remittances have paid off as remittances have already...
Stock markets rise on virus hopes as oil tanks
Equity markets rallied Tuesday as governments across the world started to ease coronavirus lockdown measures, but oil prices tumbled as a supply...
Pakistan, Afghanistan trade at standstill amid Covid-19 crisis
ISLAMABAD: Businessmen have requested the authorities concerned to allow export of Pakistani consignments to Afghanistan through Chaman, Torkham and Khorlachi borders which...
Int’l community’s financial support against COVID-19 crisis lauded
ISLAMABAD: Minister for Economic Affairs, Makhdum Khusro Bakhtyar has appreciated the continued support received from the international community including development partners to...
Flawed policies, exorbitant taxes hampering cement sector’s growth
The sector's average profitability drops 123pc in 1Q2020