India growth slows to 5pc in fresh blow to Modi
MUMBAI:Â India's economic growth slowed for the fifth straight quarter in the April-to-June period to 5.0 per cent, government figures showed on Friday...
KSE-100 continues to bleed, sheds another 486 points
KARACHI:Â The stock market continued to bleed on Friday as the investors preferred to observe activities on the political and economic fronts. Indices...
‘IFC committed to uplifting Pakistan’s agriculture, service sectors’
ISLAMABAD: A delegation of the World Bank Group's International Finance Cooperation (IFC) called on Adviser to Prime Minister on Commerce Razak Dawood...
Govt decreases POL prices by up to Rs5.33 per litre
ISLAMABAD: Amid confusing statements by some cabinet members, it has been determined that the price of petrol has been slashed by Rs4.59,...
ADB vice president meets PM, pledges $7bn for Pakistan’s development
ISLAMABAD: Asian Development Bank (ADB) Vice President Shixin Chen, who was on his first official two-day visit to Pakistan (Aug 29, 30),...
S&P rates Pakistan B-/B, reaffirms stable outlook
LAHORE: Standards and Poor's (S&P) Global Ratings on Thursday, affirmed its ‘B-‘ long-term and ‘B’ short-term sovereign credit ratings for Pakistan meanwhile...
Rupee gains 6 paisas in interbank, closes at Rs157.22
ISLAMABAD: The exchange rate of dollar dropped by 06 paisas in interbank and traded at Rs 157.22 compared to last closing of...
Govt to introduce new LNG policy next month, says Babar
ISLAMABAD: Special Assistant to the Prime Minister on Petroleum Nadeem Babar on Thursday said that a new policy on liquefied natural gas...
SBP injects Rs 467bn into market
KARACHI: The State Bank of Pakistan on Thursday injected Rs 467 billion into money market for one night (overnight) as reverse repo...
Govt wants to facilitate businesses, says finance adviser
Adviser to Prime Minister on Finance Abdul Hafeez Shaikh on Thursday said that the Pakistan Tehreek-e-Insaf (PTI) government wants to facilitate businessmen...
ECNEC approves 10bn trees tsunami, BRT Red Line Karachi
--Meeting also approves development projects worth Rs579bn
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved the next phase of...
PIA to add 12 new aircraft to its fleet by 2023
ISLAMABAD:Â As part of government's vision to cap the losses of state-owned Pakistan International Airlines (PIA), Prime Minister Imran Khan has approved the...
Govt reviews impact of fiscal policies on economic growth
ISLAMABAD: The meeting of the Monetary and Fiscal Policies Coordination Board was held on Wednesday to review the impact of fiscal and...
BankIslami posts Rs581m profit for half-year 2019
The BankIslami Pakistan Limited Board of Directors has approved the bank’s financial results for the half-year ended June 30, 2019.
During the period...
Govt appoints directors, chairman for Ignite tech fundÂ
ISLAMABAD:Â The federal government has appointed the directors for Ignite-National Technology Fund's Board and made the National Information Technology Board (NITB) executive director...