FBR asked to address ‘undue delays’ in sales tax refunds
Exporters demand restoration of zero-rated regime, as 'textile sector is facing serious cash flow issues'
KSE-100 fails to sustain gains, closes in red
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday, as the indices failed to sustain gains accumulated in...
Amid expected dip in inflation, textile millers demand significant rate cut
LAHORE:Â Textile millers and economic experts on Tuesday urged the government to reduce the interest rate, currently at 13.25pc, to a single digit.
Talking...
Remittances rise 5.4pc to $15.1bn in eight months
KARACHI: Overseas Pakistani workers remitted $15,126 million during the first eight months of the current fiscal year, an increase of 5.4pc or...
‘Rate cut imminent’, analysts predict ahead of monetary policy meeting
KARACHI: As the State Bank of Pakistan (SBP) is all set to announce its monetary policy later this week, almost all major...
Coronavirus: PIA suffers Rs2bn loss as flights to KSA suspended
ISLAMABAD: The Pakistan International Airlines (PIA) has suffered a loss of Rs2 billion following the suspension of flights to Saudi Arabia in...
KSE-100 rebounds after Monday’s rout
KARACHI: After taking a thrashing in the previous session, the Pakistan Stock Exchange (PSX) managed to recover some of its losses on...
Federal Cabinet to take up appointment of SECP chiefÂ
ISLAMABAD: The federal cabinet is likely to take up Finance Division’s summary on Tuesday regarding the appointment of Chairman Securities and Exchange...
Coronavirus crisis could cost world $2 trillion: UN
UN economists warned Monday that the raging outbreak of the deadly new coronavirus could cost the global economy between $1.0 and $2.0...
Govt won’t leave masses alone in difficult times: Dawood
ISLAMABAD: Adviser to the Prime Minister on Commerce, Industry, Textile and Board of Investment (BoI) Razak Dawood on Monday said that the...
Cement sector posts cumulative loss of Rs500m for 2QFY20
LAHORE: Pakistan’s cement sector has posted a cumulative loss of Rs500 million in the second quarter of FY20.
Shankar Talreja, a senior analyst...
ECC asked to fix wheat support price at Rs1,400
ISLAMABAD:Â Following a parliamentary committee's recommendations to encourage local farmers to grow additional wheat, the government on Monday decided to increase the minimum...
SBP to announce monetary policy on 17th
Analysts expect a 'rate cut' amid increased concerns regarding impact of coronavirus outbreak on global economy
Pakistan among 20 countries most affected by China’s slowdown
 ISLAMABAD: As coronavirus threatens the global economy, the UniÂted Nations Conference on Trade and Development (UNCTAD) has said that China's slowdown would...
Shibli Faraz hints at interest rate cut Â
ISLAMABAD: Leader of the House in the Senate Syed Shibli Faraz has said that the inflation is coming down and if this...