Torkham border to be fully functional by Aug 1st: FBR official
PESHAWAR: Pak-Afghan border at Torkham will be fully functional from August 1st, while the gates of Mohmand and Chitral borders will be...
Egypt raises fuel prices in line with IMF rules
--It is the fifth and final hike in petrol prices as Egypt prepares to receive the last $2bn tranche from IMF
CAIRO: Egypt...
Western media’s CPEC report based on ‘distorted facts’: ministry
Ministry of Planning, Development and Reform has
clarified a news article carried by some sections of international media titled
‘IMF won't stop China from...
Aviation Division to spend Rs1.26bn on airports’ uplift
ISLAMABAD: The Aviation Division will spend around Rs1.26 billion on the up-gradation of various airports of the country in the current fiscal...
Bears in control as KSE-100 sheds another 380 points
KARACHI: Bearish sentiments surrounded the Pakistan Stock Exchange (PSX) on the last trading session of the week, as indices bled all day...
ADB approves $235m loan for Karachi’s BRT
The Asian Development Bank (ADB) has approved a
$235 million loan to help develop Karachi’s Bus Rapid Transit project.
According to a statement issued...
India raises tariffs on imports, taxes for super rich
NEW DELHI: Indian Prime Minister Narendra Modi’s government raised import tariffs on nearly 75 items, including gold and automobile parts, in its...
SBP reserves drop 0.13pc despite Qatar aid
The foreign exchange reserves held by the
central bank decreased by 0.13pc on a weekly basis, despite receiving $500
million in inflows from Qatar,...
CDWP approves eight development projects worth Rs11bn
ISLAMABAD: The Central Development Working Party (CDWP)
meeting, which was held on Thursday under the chairmanship of Planning
Commission Deputy Chairman/Planning, Development & Reform...
Reforms to bring economic growth, improve revenue system: PM
ISLAMABAD: Prime Minister Imran Khan on Thursday said the
basic purpose of bringing reforms was to accelerate economic growth, improve
revenue system and restore...
Pakistan, Iran agree to enhance bilateral trade
ISLAMABAD: An Iranian delegation, led by Industries, Mines and Trade Minister Reza Rahmani, called on Adviser to Prime Minister on Commerce Abdul...
Absence of govt officials in NA’s finance committee irks Asad Umar
--‘If the govt is not serious about passing of bills, then they should at least take the committee members seriously’
Pakistan Tehreek-e-Insaf MNA...
Hafeez Shaikh says IMF package will bring in more money
--'IMF agreement is a message to the world that Pakistan will exhibit responsibility in controlling its expenditures'
--'A record 137,000 people declared their...
KSE-100 sheds 325 points as IMF package fails to trigger positively
KARACHI: The Pakistan Stock Exchange (PSX) opened
positively on Thursday after the International Monetary Fund's (IMF) executive
board approved a three-year $6bn bailout plan...
PR’s deficit reduced from Rs36bn to Rs32bn in ten months: minister
RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed said on Wednesday that Pakistan Railway’s deficit had been reduced from Rs36 billion to Rs32 billion...