Weekly inflation up 0.71pc
ISLAMABAD:Â The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on March 13 increased by 0.71pc as compared to the previous...
SBP governor says real economic activity expected to revive soon Â
State Bank of Pakistan Governor Dr Reza Baqir has emphasized real economic activity is expected to revive soon on the back of...
Karachi’s infrastructural uplift vital to boost exports, economic activities: PM
ISLAMABAD:Â Prime Minister Imran Khan on Friday said that being the engine of growth, uplift of the communications infrastructure and ports of Karachi...
PSL fan-ban likely to cost PCB over Rs100m
LAHORE:Â The Pakistan Cricket Board (PCB) is likely to suffer a financial loss of over Rs100 million due to its decision to stage...
Foreign outflows cross $700m in March: SBP
KARACHI: Total gross divestment during March 2020 has reached $772.3 million, according to data released by the State Bank of Pakistan (SBP),...
Is Pakistani market ready for rate cut?
'SBP should consider the country's uncertain inflation outlook as well as the growing pressure on its currency'
Steel industry concerned over ‘proposed facilities’ for TSML revival
ISLAMABAD: Expressing serious concerns over the government's intention to facilitate the revival of Al-Tuwairqi Steel Mills Limited (TSML) through heavily subsidized gas...
26 sectors submit suggestions for export promotion
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Friday chaired a meeting at the Finance Division...
Oil extends losses on price war, recession fears
Oil prices extended losses in Asian trade Friday due to a standoff between top producers Saudi Arabia and Russia, and mounting fears...
PM gives go ahead to five-year trade policy, says Dawood
–PM aide says new policy will focus on value-added sectors
–Says govt to focus on engineering, chemical sectors instead of textilesÂ
ISLAMABAD: The federal...
Establishment of National Tax Council approved to harmonise GST
ISLAMABAD:Â As suggested by the International Monetary Fund (IMF), the centre and provinces have finally agreed to establish a National Tax Council (NTC)...
Farmers urge govt to increase wheat support price to Rs1,600
'Instead of providing relief to rain-affected farmers, govt announced Rs20bn subsidy for rich millers'
Finance Division denies any cut in PSDP
The Ministry of Finance on Thursday denied a news report published in a section of the press suggesting and insinuating a “Rs100...
SBP reserves up $32m to $12.8bn
KARACHI:Â Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $32 million to $12,789.9 million during the week ending...
Foreign divestment in T-bills reaches $607m
KARACHI:Â Total gross divestment during March 2020 reached $606.5 million, according to data released by the State Bank of Pakistan (SBP).
Foreign investors divested...