ADB projects Pakistan’s GDP growth at 2.8pc, inflation at 12pc for FY20
ISLAMABAD:Â Signalling that Pakistan's economy is showing signs of recovery owing to the government's fiscal consolidation and austerity measures, the Asia Development Bank...
NBP briefs WB team on Pakistan’s financial sector dynamics
ISLAMABAD: A technical team of the World Bank visited the National Bank of Pakistan’s head office to discuss the dynamics of Pakistan’s financial...
CDWP approves five projects worth Rs11bn
ISLAMABAD:Â The Central Development Working Party (CDWP) on Wednesday approved five projects worth Rs11 billion and recommended two projects worth Rs25 billion to...
CPPA seeks Rs1.86 per unit hike in electricity tariff
ISLAMABAD:Â The Central Power Purchasing Agency (CPPA) has sought Rs1.86 per unit hike in the power tariff under the head monthly fuel price...
Bears return as KSE-100 drops 264 points
KARACHI:Â Bearish sentiments surrounded the Pakistan Stock Exchange (PSX) on Wednesday, as the indices headed south as soon as the session commenced. Foreign...
Footwear exports surge 15.7pc in two months FY20
ISLAMABAD: The footwear exports from the country witnessed an increase of 15.75pc during the first two months of the current financial year...
‘Pakistan must seek direct access to US markets’
ISLAMABAD:Â The Pak-US Business Council has hoped that Prime Minister Imran Khan's ongoing visit to the United States (US) would bring both the...
PBS explains new mechanism to calculate inflation
Details of the new mechanism for mapping the Consumer Price Index (CPI) have been issued by the Pakistan Bureau of Statistics (PBS),...
Audit finds mismanagement of old Rs500 currency notes by SBP
ISLAMABAD:Â Record of the old and discarded Rs500 currency notes, worth approximately Rs7.5 billion, was not available with the State Bank of Pakistan...
NTDC missed numerous project deadlines in FY18: NEPRA
ISLAMABAD:Â The National Transmission and Desptach Company (NTDC) could not complete a number of projects as per their scheduled dates, resulting in cost...
Daraz launches ‘DExports’ programme to facilitate local traders
In collaboration with Alibaba, Daraz has launched 'DExports', a programme that will give local sellers the opportunity to list their products on...
KSE-100 closes in green amid volatile activity
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Tuesday, with the indices swinging wildly in both directions before...
Senate body calls for timely release of development funds
ISLAMABAD:Â The Senate's Standing Committee on Planning and Development has directed the finance and planning ministries to ensure timely release of the allocated...
Weekly inflation rises 1.01pc
ISLAMABAD:Â The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on September 19 increased by 1.01pc as compared to the previous...
Sukkur-Multan motorway to enhance connectivity, boom businesses
Tehseen Majeed used to work hundreds of miles away from her home in Pakistan's central city of Multan after completing her education,...