Inflation drops to seven-month low in March
CPI inflation further slows from 12.4pc in Feb to 10.24pc in March
Govt lambasted for missing revenue targets
PML-N leader doubts govt's seriousness, says no update on FBR chairman since December 2019
ADB sells $4.5b two-year global bonds in largest-ever single tranche outing
MANILA, PHILIPPINES:  The Asian Development Bank (ADB) returned to the US dollar bond market on March 31 with the pricing of a...
Oil subdued in Asian trade
The US crude was higher in Asian trade Wednesday but sentiment remained subdued as Saudi Arabia floods the market with oil and...
Govt trying to reschedule loans from int’l lenders, says Qureshi
Foreign minister says rescheduled amount will be used to facilitate health sector
FBR to devise ‘transparent central system’ for issuance of refunds
In compliance of decision taken by the federal government to address the grievance of the business community, the Federal Board of Revenue...
Textile millers call for extension in debt repayment moratorium
'Under the prevalent circumstances, collection of sales tax will only hasten bankruptcies and usher in a serious depression'
Bulls charge back with 1,208-point rally; index crosses 29,000 mark
KARACHI: The Pakistan Stock Exchange (PSX) turned its fortunes on Tuesday, with the benchmark KSE-100 Index accumulating over 1,000 points to cross...
Eurozone inflation falls to 0.7% on plunging energy prices
Inflation in the eurozone fell in March, official data showed Tuesday, reflecting a major drop in energy prices as oil demand plummeted...
UN calls for $2.5 trillion coronavirus rescue package for developing countries
The United Nations has called for 2.5 trillion dollars coronavirus rescue package for developing countries to boost their resilience to further hardship...
SBP allows one-year moratorium on consumer loans’ principle
KARACHI: In a major development keeping in view the coronavirus situation, the State Bank of Pakistan (SBP) has said that banks and...
Govt approves Rs43m to set up media wing
ISLAMABAD:Â The federal cabinet has approved Rs42.791 million for the creation of a Digital Media Wing in the Ministry of Information and Broadcasting...
COVID-19: MoF suspends preparations for next fiscal budget
ISLAMABAD: The Ministry of Finance has suspended the budget preparations due to the ongoing COVID-19 pandemic.Â
"The ministry has suspended for the time...
COVID-19: ECC approves Rs1.2tr relief package
Also approves Rs75bn for FBR to payback sales tax and income tax refunds, duty drawbacks and customs duties which are due for last 10 years
MoC comes forward as exporters fear cancellation of orders
ISLAMABAD: As the country's exporters are faced with a loss of over $3 to $4 billion due to the global outbreak of...