Trade deficit shrinks 35pc to $5.72bnÂ
ISLAMABAD: With a slight increase in exports and a significant decrease in imports, the overall trade deficit in the first quarter of...
ADB, Pakistan sign $200m loan agreement to expand BISP outreach
ISLAMABAD:Â Asian Development Bank (ADB) Country Director Xiaohong Yang and Economic Affairs Division Secretary Noor Ahmed on Friday signed a $200 million additional...
Stocks extends rally, KSE-100 closes 447 points higher
KARACHI:Â Bulls controlled the Pakistan Stock Exchange (PSX) once again on Friday, as the indices remained in the green zone throughout the session...
‘Efforts underway to automate banking sector’
The State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Thursday said that the administration is striving hard to automate the...
Steps being taken to curtail smuggling from Afghanistan, Senate panel told
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday admitted that a large number of LED TVs were still being smuggled into...
SBP reserves increase $16m to stand at $7.75bn
The foreign exchange reserves held by the central bank inched up by 0.21pc on a weekly basis, according to data released by...
Facilitation of industrial sector among top govt priorities: PM
Prime Minister Imran Khan said on Thursday that economic stability was the topmost priority of his government, as it would create opportunities...
AEDB approves renewable energy policy draft
ISLAMABAD: The Alternative Energy Development Board (AEDB) has unanimously approved the draft Alternative Renewable Energy (ARE) Policy 2019.
The 46th board meeting of...
Remittances drop $79m in three months FY20
KARACHI:Â The State Bank of Pakistan (SBP) has said that the overseas Pakistani workers remitted $5,478.11 million in the first three months (July...
Germany to grant €23.4m for social sector reforms in Pakistan
Germany will provide a technical grant of 23.4 million euros (Rs3.9 billion) to Pakistan in order to help the latter implement social...
Bulls dominate as KSE-100 surges 503 points
KARACHI:Â Bulls dominated the Pakistan Stock Exchange (PSX) on Thursday, as the indices drove north for almost the entire session, helping the KSE-100...
Pakistan, China finalise $8.2bn ML-I project: minister
ISLAMABAD: Railways Minister Sheikh Rasheed Ahmed said on Wednesday that Pakistan and China have finalised the Main Line (ML-I) project – a...
OGRA increases RLNG price by $0.66 per mmbtu
ISLAMABAD:Â The Oil and Gas Regulatory Authority (OGRA) on Wednesday notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the SNGPL and...
‘Five-year comprehensive textile policy to be announced by year-end’
LAHORE:Â Task Force on Textile Chairman Ahsan Bashir said on Wednesday that a comprehensive textile policy to increase the country's exports to $26...
Traders announce countrywide strikes on Oct 28, 29
ISLAMABAD: As the government is reluctant to backtrack from its commitment to implement the CNIC condition, the traders' representatives on Wednesday announced...