CPPA recommends Rs3.5 per unit hike in power tariff

ISLAMABAD: The country's power tariff may witness an increase of Rs3.506 per unit under the monthly fuel price adjustment mechanism, as the...

‘GSP+ extension to increase Pakistani exports by 9pc’

Punjab Governor Chaudhry Mohammad Sarwar on Saturday extended gratitude towards the European Union (EU) for extending the Generalized Scheme of Preferences Plus...

Pakistan’s housing backlog touches 10.3m mark

LAHORE: Despite the government's ambitious agenda to build five million affordable houses in the next five years, it seems that the availability...

EU extends GSP-Plus status for Pakistan

Pakistan would continue to enjoy tariff preferences in the European Union (EU) under the Generalized Scheme of Preferences-Plus (GSP+) status. This was announced...

KP govt initiates over 150 development projects to uplift tribal districts

‘41pc of the total fund allocated for merged districts has so far been utilised in FY20 under Accelerated Implementation Plan’

Weekly inflation drops 0.32pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended March 5 decreased by 0.32pc as compared to the previous week. The...
Hammad Azhar

Govt committed to utilising demographic dividends: Hammad Azhar

ISLAMABAD: Economic Affairs Minister Hammad Azhar said on Friday the government was committed to investing in the country's huge demographic dividends and...

Stocks plunge over 1,100 points amid growing coronavirus concerns

KARACHI: In line with global market trends, the Pakistan Stock Exchange (PSX) witnessed a lacklustre session on Friday, with the KSE-100 nosediving over...

Rasheed for private sector investment in railway’s upgradation

ISLAMABAD: Minister for Railways Sheikh Rasheed Ahmed has said that the government is encouraging the private sector to invest and participate in...

PM orders ’emergency’ measures to address energy, petroleum woes

ISLAMABAD: Prime Minister Imran Khan on Thursday ordered to devise an emergency programme to address the energy and petroleum sectors' challenges and to...

PM approves establishment of five economic zones in Punjab

Prime Minister Imran Khan has approved the establishment of five economic zones in Punjab. Out of the proposed special economic zones, four...

FFC further reduces urea price by Rs75 per bag

'In the wake of govt's decision to remove GIDC, FFC has now collectively reduced urea price Rs375 per 50kg bag' 

SBP reserves up $166m to $12.8bn

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased $166 million to $12,757 million during the week ending February...

Bulls regain control as KSE-100 accumulates 475 points

KARACHI: After two lacklustre sessions, bulls managed to regain control of the Pakistan Stock Exchange (PSX) on Thursday, as the indices headed...

Coronavirus scare forces Lufthansa to ground over 20% planes 

FRANKFURT: German airline Lufthansa will ground 150 of its more than 750 planes worldwide, the company said here the other day. The decision...