Govt committed to reviving sick textile units: Dawood

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Thursday that the government was taking all possible measures to attract...

Pakistan, Saudi Arabia review progress on energy MoUs

ISLAMABAD: Pakistan and Saudi Arabia have reviewed the progress made on existing memorandums of understanding (MoUs) in the energy sector and discussed...

Economy out of the woods, PM’s aide tells foreign investors

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the government has overcome the immediate challenges...

Macroeconomic imbalances hampered financial sector growth in 2018: SBP

KARACHI: The State Bank of Pakistan (SBP) on Thursday issued its flagship annual publication, Financial Stability Review (FSR), for the calendar year 2018. The...

Govt assures cotton growers of fair prices

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Thursday that there was an unprecedented focus on...

KSE-100 falls flat amid volatility

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) failed to sustain their control on Thursday, as the indices took a U-turn in the...

PM orders inquiry into power sector; committee formed

ISLAMABAD: In an apparent bid to rectify the wrongdoings of the past and to ensure future security, a nine-member committee has initiated...

Audit report invalidates PIA’s claims of increase in revenue

KARACHI: Despite under obligation to publicly declare its quarterly and annual financial reports, Pakistan International Airlines (PIA) had not declared its financial details...

FBR eyes Rs1.07tr revenue in first quarter FY20, NA told

ISLAMABAD: The National Assembly's Standing Committee on Finance, Revenue and Economic Affairs was informed on Wednesday that the Federal board of Revenue has...

Power supply to reach 26,000MW by next year, PM told

ISLAMABAD: Prime Minister Imran Khan was informed on Wednesday that for the first time in the country’s history, the target of 23,000 megawatts...

‘Govt to formulate comprehensive e-vehicle policy’

Adviser to Prime Minister on Commerce, Industries & Production Abdul Razzaq Dawood has said that the Ministry of Industries & Production will...

August inflation accelerates to 10.49pc

ISLAMABAD: The Consumer Price Index (CPI)-based monthly inflation grew by 10.49pc in August 2019, as compared to the same month of last...

ECC approves simplification of tax regime for non-resident companies

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved separate proposals for the simplification of tax regime for non-resident companies investing...

Stocks stage comeback as KSE-100 ends 435 points higher

KARACHI: After a rough start to the trading session on Wednesday, the Pakistan Stock Exchange (PSX) managed to stand its ground and closed...

Imran takes U-turn on GIDC waiver

PM directs attorney general to approach Supreme Court for urgent hearing of pending litigation Says taxes were written off in...