Gold imports drop 38.5pc in 11 months

ISLAMABAD: The import of gold into the country dipped by 38.56pc during the first eleven months of the current fiscal year (2018-19) as...

KSE-100 shrugs off early losses to close in green

KARACHI: The Pakistan Stock Exchange (PSX) witnessed volatility on Friday, as the indices that started the day in the red zone made a...

Dollar drops to Rs160 in interbank market

The dollar on Thursday dropped Rs4.05 in the interbank market and closed the session at Rs160. The drop comes a day after the...

Cement exports surge 25pc in 11 months

ISLAMABAD: The exports of cement from the country witnessed an increase of 25.97pc during the first eleven months of the ongoing fiscal year,...

No sovereignty without economic stability, Bajwa tells moot

ISLAMABAD: Chief of Army Staff General Qamar Bajwa has said that there cannot be any sovereignty in the absence of economic stability, according...

Chinese envoy calls for ‘subsidising polices’ to attract investors at SEZs

ISLAMABAD: Chinese Deputy Chief of Missions Zhao Lijian on Thursday called for introducing "subsidising policies" to attract the investors at special economic...

Senate body recommends tax exemption for utility stores

ISLAMABAD: The Senate's Functional Committee on Problems of Less Developed Areas in its meeting on Thursday recommended that the Utility Stores Corporation (USC)...

PM Imran hints at extending amnesty deadline

Prime Minister Imran Khan on Thursday hinted at extending the deadline of the Asset Declaration Scheme after "an increase in the demands...

PKR plunges to Rs164.06 against US dollar

Pakistani Rupee (PKR) continued with its declining trend on Thursday, as it depreciated by another Rs1.9 against the US Dollar (USD) in...

Fitch revises down Pakistan’s GDP growth forecast to 2.7pc for FY20

'Higher taxes will erode the purchasing power which in turn will slow down consumption growth to 5.3pc' 'Business sentiment will likely...

Exports surge 22.9pc to Rs2.86tr in 11 months

ISLAMABAD: Exports from Pakistan, in terms of rupees, increased by 22.92 per cent during July-May 2018-2019, compared with the corresponding period of last...

Govt urged to give clear policy on dollar

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has sought a clear policy statement from the government on the price of the...

IMF board to approve Pakistan bailout package on July 3

An IMF team will visit Islamabad every three months to review the economic indicators of the country The Executive Board of the...

PSX closes fourth consecutive session in red

KARACHI: The Pakistan Stock Exchange (PSX) continued with its losing streak for the fourth consecutive session on Thursday, as the indices that opened...

Still relevant, Benazir Bhutto explains taxation loopholes in Pakistan

Pakistan's economy was currently standing at the crossroads and the government intended to address the issues through meaningful tax reforms. As relevant as...