Trade deficit shrinks 29pc in July
The trade deficit has contracted by 29pc in the first month of this fiscal year, with the government claiming this fall represents...
Dollar surges to Rs158.9, gold reaches Rs88,400 per tola
The US Dollar gained 51 paisa in the interbank market and was traded at Rs158.95 when compared to the last closing of...
FBR issues notices to 3,950 non-filers in Lahore
LAHORE:Â The Federal Board of Revenue's Broadening of Tax Base (BTB)-Lahore has issued notices to some 3,950 people who did not declare their...
Power sector witnesses Rs121bn increase in revenues
'Govt envisions increasing the share of renewable energy to 20pc by 2025'
ISLAMABAD:Â The power sector revenues have witnessed a significant increase of...
Indonesia president proposes $178bn budget for 2020 with focus on education
JAKARTA:Â Indonesian President Joko Widodo on Friday proposed a 2,528.8 trillion rupiah ($177.56 billion) budget to parliament for 2020, focusing spending on human...
PSX bleeds on first day after Eid
KARACHI: Amid rising border tensions, indices at the Pakistan Stock Exchange (PSX) recorded fresh lows on Friday, with the KSE-100 Index ending...
Weekly SPI inflation increases 1.23pc
ISLAMABAD:Â The weekly inflation for the week ended on August 8 witnessed an increase of 1.23pc for the combined income group, as compared...
Standard Chartered expects lower inflation, no further hike in policy rate
The State Bank of Pakistan (SBP) has delivered broadly in line with the Standard Chartered Bank's expectations so far in the current...
Govt to finally table Geographical Indication Bill in NA
The government has finally decided to table Geographical Indication (GI) Bill in the National Assembly to protect ownership rights of goods produced...
TCC steps up efforts for $6bn claim in Reqo Diq case
The Australia-incorporated Tethyan Copper Company has approached a court in the United States for enforcement of $6 billion penalty which was imposed...
Pakistan’s economic situation is changing: Reza Baqir
KARACHI: Pakistan's economy is facing with a number of problems and uncertainty but the situation is changing, said State Bank of Pakistan...
Shrinking German economy ‘on edge of recession’ as exports stutter
BERLIN: Slumping exports sent Germany’s economy into reverse in the second quarter, with prospects of an early recovery slim as its manufacturers' struggle...
China economy shows new signs of weakness with soft data
BEIJING:Â China's economy showed further signs of strain in July with output at its factories falling to its lowest level in 17 years,...
Govt initiates probe into power projects
ISLAMABAD:Â The government's Inquiry Commission on Loans has initiated inquiries against the power projects and has sought a detailed response from the National...
Pakistani businessmen invited to invest in Afghanistan
Commercial Attaché says by investing in Afghanistan, Pakistani investors can get easy access to the Central Asian markets
ISLAMABAD: Commercial Attaché of Afghanistan...